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

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BMW's 1st significant aircraft engine, and commercial product involving any sort, was the BMW IIIa inline-six liquid-cooled engine of 1918, known for good fuel economy and high-altitude functionality. With German rearmament within the 1930s, the company again began producing aircraft engines for that Luftwaffe. The factory in Munich made ample utilization of forced labour: foreign civilians, prisoners of war and inmates on the concentration camp Dachau. Among its successful Planet War II engine styles were the BMW 132 and also BMW 801 air-cooled radial engines, and the pioneering BMW 003 axial-flow turbojet, which powered the tiny, 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 the particular Messerschmitt Me 262, the Me 262 V1, but in 1942 assessments the BMW prototype search engines failed on takeoff along with only the standby Junkers Jumo 210 nose-mounted piston engine powering it to a safe landing. [11][12] The few Everyone 262 A-1b test examples built used greater developed version of the particular 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 in the Arado Ar 234 fly reconnaissance-bomber, which used BMW 003 aircraft for power. Through 1944 the 003's consistency improved, making it a suitable power plant for air flow frame designs competing for that Jägernotprogramm's light fighter generation contract. which was won with the Heinkel He 162 Spatz design. The BMW 003 aviation turbojet was also into account as the basic beginning for a pioneering turboshaft powerplant regarding German armored fighting motor vehicles in 1944-45, as the GT information. Towards the end in 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 professional design studio DesignworksUSA, which they fully bought in 1995. In 1994, BMW bought the British Rover Group[19] (which during the time consisted of the Rover, Land Rover and MG brands along with the rights to defunct makes including Austin and Morris), and owned it intended for six years. By 2000, Rover was incurring huge losses and BMW decided to sell the combine. The MG and Rover brands were sold on the Phoenix Consortium to style MG Rover, while Land Rover was bought out by Ford. BMW, meanwhile, retained the rights to develop the new Mini, which was launched inside 2001.

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Primary designer Chris Bangle announced his departure from BMW with February 2009, after serving on the design team for nearly 19 years. He was replaced by Adrian van Hooydonk, Bangle's former right-hand gentleman. Bangle was known pertaining to his radical designs such as 2002 7-Series and the particular 2002 Z4. In July 2007, the production rights intended for Husqvarna Motorcycles was purchased by BMW for a reported 93 million pounds. BMW Motorrad plans to carry on operating Husqvarna Motorcycles like a separate enterprise. All development, sales and production things to do, as well as the existing workforce, have remained in position at its present spot at Varese.In June 2012, BMW was listed because #1 most reputable company in the world 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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