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Bayerische Motoren Werke AG The german language 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 it is the parent company of Rolls-Royce Motor Cars. BMW produces motorcycles under BMW Motorrad, and plug-in electric cars underneath the BMW i sub-brand plus the "iPerformance" model designation in the regular BMW lineup. It is one from the best-selling luxury automakers on the globe. The company is an element of the Euro Stoxx 50 currency markets index.BMW was established as a business entity following a restructuring from the Rapp Motorenwerke aircraft manufacturing firm in 1917. After the end of World War I within 1918, BMW was forced to cease aircraft-engine production from the terms of the Versailles Armistice Treaty. The company consequently altered to motorcycle production because restrictions of the treaty has become lifted in 1923, followed by automobiles throughout 1928-29.The first car which BMW successfully produced plus the car which launched BMW on the path to automobile production was your Dixi, based on the Austin 7 and licensed on the Austin Motor Company within Birmingham, England.

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BMW's initial significant aircraft engine, and commercial product regarding any sort, was the BMW IIIa inline-six liquid-cooled motor of 1918, known for good energy economy and high-altitude overall performance. With German rearmament from the 1930s, the company again started producing aircraft engines with the Luftwaffe. The factory in Munich made ample utilization of forced labour: foreign civilians, prisoners of war and inmates with the concentration camp Dachau. Among its successful Earth 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 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 the first prototype of this Messerschmitt Me 262, the Me 262 V1, but in 1942 assessments the BMW prototype engines failed on takeoff along 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 greater developed version of this 003 jet, recording an official leading speed of 800 km/h (497 mph). The first-ever four-engine jet aircraft ever flown were being the sixth and eighth prototypes in the Arado Ar 234 jet reconnaissance-bomber, which used BMW 003 aircraft for power. Through 1944 the 003's dependability improved, making it a appropriate power plant for air flow frame designs competing for that Jägernotprogramm's light fighter generation contract. which was won because of the Heinkel He 162 Spatz design and style. The BMW 003 aviation turbojet was also involved as the basic starting place for a pioneering turboshaft powerplant regarding German armored fighting motor vehicles in 1944-45, as the GT tips. Towards the end from 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 all of them were built.

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BMW 3-Series (F30)In 1992, BMW acquired a big stake in California-based manufacturing design studio DesignworksUSA, which they fully acquired in 1995. In 1994, BMW bought the British Rover Group[19] (which during the time consisted of the Rover, Land Rover and MG brands plus 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 to 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 in 2001.

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Key designer Chris Bangle introduced his departure from BMW with February 2009, after serving on the structure team for nearly 19 years. He was replaced by means of Adrian van Hooydonk, Bangle's former right-hand person. Bangle was known for 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 to get a reported 93 million pounds. BMW Motorrad plans to continue operating Husqvarna Motorcycles like a separate enterprise. All development, sales and production pursuits, as well as the present workforce, have remained in position at its present position at Varese.In June 2012, BMW was listed for the reason that #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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