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

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BMW's first significant aircraft engine, and commercial product connected with any sort, was the BMW IIIa inline-six liquid-cooled serp of 1918, known for good fuel economy and high-altitude functionality. With German rearmament inside the 1930s, the company again began producing aircraft engines for the Luftwaffe. The factory in Munich made ample use of forced labour: foreign civilians, prisoners of war and inmates of the concentration camp Dachau. Among its successful World War II engine models were the BMW 132 and also BMW 801 air-cooled radial engines, and the pioneering BMW 003 axial-flow turbojet, which powered the little, 1944-1945-era jet-powered "emergency fighter", the Heinkel He 162 Spatz. The BMW 003 jet engine was initially tested as a prime power plant inside first prototype of this Messerschmitt Me 262, the Me 262 V1, but in 1942 tests the BMW prototype applications failed on takeoff together with only the standby Junkers Jumo 210 nose-mounted piston engine powering it to your safe landing. [11][12] The few Me personally 262 A-1b test examples built used the more developed version of your 003 jet, recording an official best speed of 800 km/h (497 mph). The first-ever four-engine aircraft aircraft ever flown were being the sixth and eighth prototypes on the Arado Ar 234 airliner reconnaissance-bomber, which used BMW 003 aircraft for power. Through 1944 the 003's stability improved, making it a ideal power plant for air frame designs competing with the Jägernotprogramm's light fighter output contract. which was won from the Heinkel He 162 Spatz pattern. The BMW 003 aviation turbojet was also into account as the basic starting place for a pioneering turboshaft powerplant with regard to German armored fighting autos in 1944-45, as the GT information. Towards the end on the Third Reich, BMW developed some military aircraft projects for that Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber as well as the BMW Strahljäger, but none of these people were built.

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BMW 3-Series (F30)In 1992, BMW acquired a substantial stake in California-based industrial design studio DesignworksUSA, which they fully acquired in 1995. In 1994, BMW bought the United kingdom Rover Group[19] (which back then consisted of the Rover, Land Rover and MG brands and also the rights to defunct models including Austin and Morris), and owned it for six years. By 2000, Rover was incurring big losses and BMW chose to sell the combine. The MG and Rover brands were sold for the Phoenix Consortium to variety MG Rover, while Land Rover was bought out by Ford. BMW, meanwhile, retained the rights to develop the new Mini, which was launched with 2001.

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Fundamental designer Chris Bangle released his departure from BMW within February 2009, after serving on the structure team for nearly seventeen years. He was replaced by Adrian van Hooydonk, Bangle's former right-hand man. Bangle was known for his radical designs such as the 2002 7-Series and this 2002 Z4. In July 2007, the production rights intended for Husqvarna Motorcycles was purchased by BMW for a reported 93 million euros. BMW Motorrad plans to carry on operating Husqvarna Motorcycles to be a separate enterprise. All development, sales and production routines, as well as the actual workforce, have remained in area at its present position at Varese.In June 2012, BMW was listed because #1 most reputable company on the planet 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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