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Bayerische Motoren Werke AG In german for Bavarian Motor Performs, usually known under it is abbreviation BMW, is a German high end vehicles, motorcycle, and engine manufacturing corporation founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars and is the parent company associated with Rolls-Royce Motor Cars. BMW produces motorcycles within BMW Motorrad, and plug-in electric cars beneath BMW i sub-brand and also the "iPerformance" model designation within the regular BMW lineup. It is one on the best-selling luxury automakers on the planet. The company is an element of the Euro Stoxx 50 stock market index.BMW was established like a business entity following a restructuring with the Rapp Motorenwerke aircraft production firm in 1917. After the end connected with World War I in 1918, BMW was forced for you to cease aircraft-engine production because of the terms of the Versailles Armistice Treaty. The company consequently moved to motorcycle production since the restrictions of the treaty grew to become lifted in 1923, followed by automobiles inside 1928-29.The first car which often BMW successfully produced plus the car which launched BMW in relation to automobile production was this Dixi, based on the Austin 7 and licensed on the Austin Motor Company with Birmingham, England.

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BMW's 1st significant aircraft engine, and commercial product of any sort, was the BMW IIIa inline-six liquid-cooled serps of 1918, known for good gas economy and high-altitude effectiveness. With German rearmament from the 1930s, the company again started producing aircraft engines for the Luftwaffe. The factory in Munich made ample by using forced labour: foreign civilians, prisoners of war and inmates from the concentration camp Dachau. Among its successful World War II engine styles were the BMW 132 as well as 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 initially tested as a prime power plant within the first prototype of your Messerschmitt Me 262, the Me 262 V1, but in 1942 exams the BMW prototype motors failed on takeoff together with only the standby Junkers Jumo 210 nose-mounted piston engine powering it with a safe landing. [11][12] The few Me personally 262 A-1b test examples built used the harder developed version of your 003 jet, recording an official major speed of 800 km/h (497 mph). The first-ever four-engine aircraft aircraft ever flown have been the sixth and eighth prototypes from the Arado Ar 234 plane reconnaissance-bomber, which used BMW 003 aircraft for power. Through 1944 the 003's reliability improved, making it a suitable power plant for fresh air frame designs competing for that Jägernotprogramm's light fighter generation contract. which was won with the Heinkel He 162 Spatz pattern. The BMW 003 aviation turbojet was also involved as the basic starting point for a pioneering turboshaft powerplant with regard to German armored fighting autos in 1944-45, as the GT information. Towards the end from the Third Reich, BMW developed some military aircraft projects with the Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber plus the BMW Strahljäger, but none of these people were built.

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BMW 3-Series (F30)In 1992, BMW acquired a significant stake in California-based professional design studio DesignworksUSA, which they fully acquired in 1995. In 1994, BMW bought the British Rover Group[19] (which right at that moment consisted of the Rover, Land Rover and MG brands in addition to the rights to defunct makes including Austin and Morris), and owned it pertaining to 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 towards the Phoenix Consortium to type 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 declared his departure from BMW within February 2009, after serving on the structure team for nearly over seventeen years. He was replaced through Adrian van Hooydonk, Bangle's former right-hand guy. Bangle was known pertaining to his radical designs such as the 2002 7-Series and the particular 2002 Z4. In July 2007, the production rights regarding Husqvarna Motorcycles was purchased by BMW for any reported 93 million pounds. BMW Motorrad plans to continue operating Husqvarna Motorcycles as being a separate enterprise. All development, sales and production things to do, as well as the latest workforce, have remained in spot at its present place at Varese.In June 2012, BMW was listed for the reason that #1 most reputable company on earth 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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