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Bayerische Motoren Werke AG A language like german for Bavarian Motor Works, usually known under its abbreviation BMW, is a German luxurious vehicles, motorcycle, and engine manufacturing firm founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars which is 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 and the "iPerformance" model designation in the regular BMW lineup. It is one in the best-selling luxury automakers on earth. The company is a factor of the Euro Stoxx 50 stock exchange index.BMW was established as being a business entity following a restructuring of the Rapp Motorenwerke aircraft making firm in 1917. After the end connected with World War I in 1918, BMW was forced to help cease aircraft-engine production because of the terms of the Versailles Armistice Treaty. The company consequently moved to motorcycle production for the reason that restrictions of the treaty turned lifted in 1923, followed by automobiles throughout 1928-29.The first car which usually BMW successfully produced as well as the car which launched BMW on the road to automobile production was this Dixi, based on the Austin tx 7 and licensed through the Austin Motor Company with Birmingham, England.

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BMW's initial significant aircraft engine, and commercial product involving any sort, was the BMW IIIa inline-six liquid-cooled motor of 1918, known for good energy resource economy and high-altitude efficiency. With German rearmament inside the 1930s, the company again began producing aircraft engines for your Luftwaffe. The factory in Munich made ample by using forced labour: foreign civilians, prisoners of war and inmates in the concentration camp Dachau. Among its successful World War II engine types were the BMW 132 along with BMW 801 air-cooled radial search engines, and the pioneering BMW 003 axial-flow turbojet, which powered the 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 in the first prototype of the Messerschmitt Me 262, the Me 262 V1, but in 1942 checks the BMW prototype engines failed on takeoff with only the standby Junkers Jumo 210 nose-mounted piston engine powering it to your safe landing. [11][12] The few Us 262 A-1b test examples built used the harder developed version of the actual 003 jet, recording an official major 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 plane reconnaissance-bomber, which used BMW 003 jets for power. Through 1944 the 003's stability improved, making it a ideal power plant for atmosphere frame designs competing for that Jägernotprogramm's light fighter output contract. which was won because of the Heinkel He 162 Spatz style. The BMW 003 aviation turbojet was also in mind as the basic beginning for a pioneering turboshaft powerplant with regard to German armored fighting motor vehicles in 1944-45, as the GT tips. Towards the end with the Third Reich, BMW developed some military aircraft projects for 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 large 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 back then consisted of the Rover, Land Rover and MG brands in addition to the rights to defunct makes including Austin and Morris), and owned it regarding 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 type MG Rover, while Land Rover was absorbed by Ford. BMW, meanwhile, retained the rights to build the new Mini, which was launched within 2001.

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Key designer Chris Bangle introduced his departure from BMW throughout February 2009, after serving on the planning team for nearly 18 years. He was replaced by means of Adrian van Hooydonk, Bangle's former right-hand person. Bangle was known intended for his radical designs including the 2002 7-Series and this 2002 Z4. In July 2007, the production rights for Husqvarna Motorcycles was purchased by BMW for a reported 93 million pounds. BMW Motorrad plans to carry on operating Husqvarna Motorcycles being a separate enterprise. All development, sales and production routines, as well as the latest workforce, have remained in spot at its present area at Varese.In June 2012, BMW was listed since the #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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