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Bayerische Motoren Werke AG German born for Bavarian Motor Functions, usually known under it's abbreviation BMW, is a German high end vehicles, motorcycle, and engine manufacturing organization founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars and is the parent company of Rolls-Royce Motor Cars. BMW produces motorcycles under BMW Motorrad, and plug-in electric cars beneath the BMW i sub-brand and the "iPerformance" model designation inside regular BMW lineup. It is one with the best-selling luxury automakers on earth. The company is a factor of the Euro Stoxx 50 stock exchange index.BMW was established being 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 for you to cease aircraft-engine production from the terms of the Versailles Armistice Treaty. The company consequently altered to motorcycle production as the restrictions of the treaty grew to become lifted in 1923, followed by automobiles throughout 1928-29.The first car which usually BMW successfully produced and the car which launched BMW with respect to automobile production was the actual Dixi, based on the Austin 7 and licensed on the Austin Motor Company within Birmingham, England.

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BMW's very first significant aircraft engine, and commercial product involving any sort, was the BMW IIIa inline-six liquid-cooled powerplant of 1918, known for good energy resource economy and high-altitude overall performance. With German rearmament inside 1930s, the company again began producing aircraft engines for your Luftwaffe. The factory in Munich made ample utilization of forced labour: foreign civilians, prisoners of war and inmates in the concentration camp Dachau. Among its successful Globe War II engine models were the BMW 132 and BMW 801 air-cooled radial motors, and the pioneering BMW 003 axial-flow turbojet, which powered the teeny, 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 first prototype of the actual Messerschmitt Me 262, the Me 262 V1, but in 1942 assessments the BMW prototype search engines failed on takeoff having only the standby Junkers Jumo 210 nose-mounted piston engine powering it into a safe landing. [11][12] The few Me personally 262 A-1b test examples built used a lot more developed version of your 003 jet, recording an official major speed of 800 km/h (497 mph). The first-ever four-engine airliner aircraft ever flown were the sixth and eighth prototypes in the Arado Ar 234 airliner reconnaissance-bomber, which used BMW 003 aircraft for power. Through 1944 the 003's reliability improved, making it a acceptable power plant for fresh air frame designs competing to the Jägernotprogramm's light fighter production contract. which was won from the Heinkel He 162 Spatz style. The BMW 003 aviation turbojet was also involved as the basic starting place for a pioneering turboshaft powerplant pertaining to German armored fighting automobiles in 1944-45, as the GT tips. Towards the end on the Third Reich, BMW developed some military aircraft projects for the Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber and the BMW Strahljäger, but none of these individuals were built.

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BMW 3-Series (F30)In 1992, BMW acquired a big stake in California-based professional design studio DesignworksUSA, which they fully received in 1995. In 1994, BMW bought the British isles Rover Group[19] (which during the time consisted of the Rover, Land Rover and MG brands along with the rights to defunct brands including Austin and Morris), and owned it intended for six years. By 2000, Rover was incurring massive losses and BMW thought i would sell the combine. The MG and Rover brands were sold towards Phoenix Consortium to form MG Rover, while Land Rover was absorbed by Ford. BMW, meanwhile, retained the rights to develop the new Mini, which was launched throughout 2001.

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Key designer Chris Bangle introduced his departure from BMW throughout February 2009, after serving on the look team for nearly 17 years. He was replaced by means of Adrian van Hooydonk, Bangle's former right-hand person. Bangle was known with regard to his radical designs such as the 2002 7-Series and the actual 2002 Z4. In July 2007, the production rights with regard to Husqvarna Motorcycles was purchased by BMW for the reported 93 million euros. BMW Motorrad plans to stay operating Husqvarna Motorcycles to be a separate enterprise. All development, sales and production routines, as well as the present workforce, have remained in place at its present place at Varese.In June 2012, BMW was listed since the #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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