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Bayerische Motoren Werke AG The german language for Bavarian Motor Works, usually known under its abbreviation BMW, is a German high end vehicles, motorcycle, and engine manufacturing firm founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars and is the parent company involving Rolls-Royce Motor Cars. BMW produces motorcycles beneath BMW Motorrad, and plug-in electric cars within the BMW i sub-brand and also the "iPerformance" model designation inside the regular BMW lineup. It is one in the best-selling luxury automakers in the world. The company is an element of the Euro Stoxx 50 stock exchange index.BMW was established as a business entity following a restructuring on the Rapp Motorenwerke aircraft creation firm in 1917. After the end associated with World War I throughout 1918, BMW was forced to help cease aircraft-engine production by the terms of the Versailles Armistice Treaty. The company consequently shifted to motorcycle production because the restrictions of the treaty has become lifted in 1923, followed by automobiles within 1928-29.The first car which in turn BMW successfully produced and the car which launched BMW with respect to automobile production was the actual Dixi, based on the Austin tx 7 and licensed through the Austin Motor Company within Birmingham, England.

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BMW's primary significant aircraft engine, and commercial product of any sort, was the BMW IIIa inline-six liquid-cooled serp of 1918, known for good energy economy and high-altitude efficiency. With German rearmament within the 1930s, the company again started producing aircraft engines for the Luftwaffe. The factory in Munich made ample using forced labour: foreign civilians, prisoners of war and inmates from the concentration camp Dachau. Among its successful Earth War II engine designs were the BMW 132 in addition to BMW 801 air-cooled radial applications, and the pioneering BMW 003 axial-flow turbojet, which powered the very small, 1944-1945-era jet-powered "emergency fighter", the Heinkel He 162 Spatz. The BMW 003 jet engine was tested as a prime power plant inside the first prototype of this Messerschmitt Me 262, the Me 262 V1, but in 1942 tests the BMW prototype engines failed on takeoff using only the standby Junkers Jumo 210 nose-mounted piston engine powering it into a safe landing. [11][12] The few Everyone 262 A-1b test examples built used the harder developed version of this 003 jet, recording an official prime speed of 800 km/h (497 mph). The first-ever four-engine airliner aircraft ever flown ended up the sixth and eighth prototypes from the Arado Ar 234 jet reconnaissance-bomber, which used BMW 003 jets for power. Through 1944 the 003's trustworthiness improved, making it a acceptable power plant for fresh air frame designs competing for your Jägernotprogramm's light fighter generation contract. which was won from the Heinkel He 162 Spatz design and style. The BMW 003 aviation turbojet was also into consideration as the basic starting point for a pioneering turboshaft powerplant regarding German armored fighting cars in 1944-45, as the GT tips. Towards the end on the Third Reich, BMW developed some military aircraft projects for your Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber and the BMW Strahljäger, but none of all of them were built.

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BMW 3-Series (F30)In 1992, BMW acquired a huge stake in California-based commercial design studio DesignworksUSA, which they fully received in 1995. In 1994, BMW bought the British Rover Group[19] (which during the time consisted of the Rover, Land Rover and MG brands as well as the rights to defunct makes including Austin and Morris), and owned it intended for six years. By 2000, Rover was incurring large losses and BMW made a decision to sell the combine. The MG and Rover brands were sold to the Phoenix Consortium to variety MG Rover, while Land Rover was bought out by Ford. BMW, meanwhile, retained the rights to make the new Mini, which was launched in 2001.

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Main designer Chris Bangle announced his departure from BMW in February 2009, after serving on the structure team for nearly seventeen years. He was replaced by means of Adrian van Hooydonk, Bangle's former right-hand man. Bangle was known for his radical designs like the 2002 7-Series and the particular 2002 Z4. In July 2007, the production rights regarding Husqvarna Motorcycles was purchased by BMW for a reported 93 million pounds. BMW Motorrad plans to continue operating Husqvarna Motorcycles to be a separate enterprise. All development, sales and production pursuits, as well as the present workforce, have remained in place at its present position at Varese.In June 2012, BMW was listed because the #1 most reputable company on the globe by Forbes.com. Rankings are based upon aspects such as "people's willingness to buy, recommend, work for, and invest in a company is driven 60% by their perceptions of the company and only 40% by their perceptions of their products.".

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