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Bayerische Motoren Werke AG In german for Bavarian Motor Works, usually known under it's abbreviation BMW, is a German luxury vehicles, motorcycle, and engine manufacturing organization founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars and is particularly the parent company of Rolls-Royce Motor Cars. BMW produces motorcycles below BMW Motorrad, and plug-in electric cars underneath the BMW i sub-brand plus the "iPerformance" model designation inside regular BMW lineup. It is one of the best-selling luxury automakers on the planet. 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 production firm in 1917. After the end of World War I throughout 1918, BMW was forced to be able to cease aircraft-engine production through the terms of the Versailles Armistice Treaty. The company consequently shifted to motorcycle production as the restrictions of the treaty turned lifted in 1923, followed by automobiles with 1928-29.The first car that BMW successfully produced along with the car which launched BMW on the path to automobile production was your Dixi, based on the Austin 7 and licensed through the Austin Motor Company in Birmingham, England.

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BMW's first significant aircraft engine, and commercial product regarding any sort, was the BMW IIIa inline-six liquid-cooled serps of 1918, known for good gasoline economy and high-altitude functionality. With German rearmament from the 1930s, the company again started producing aircraft engines for that Luftwaffe. The factory in Munich made ample usage of forced labour: foreign civilians, prisoners of war and inmates of the concentration camp Dachau. Among its successful Globe 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 first tested as a prime power plant from the first prototype of this Messerschmitt Me 262, the Me 262 V1, but in 1942 exams the BMW prototype search engines 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 262 A-1b test examples built used a lot more developed version of the particular 003 jet, recording an official top speed of 800 km/h (497 mph). The first-ever four-engine plane aircraft ever flown were the sixth and eighth prototypes with the Arado Ar 234 aircraft reconnaissance-bomber, which used BMW 003 aircraft for power. Through 1944 the 003's reliability improved, making it a ideal power plant for air flow frame designs competing with the Jägernotprogramm's light fighter creation contract. which was won from the Heinkel He 162 Spatz style. The BMW 003 aviation turbojet was also under consideration as the basic beginning for a pioneering turboshaft powerplant with regard to German armored fighting autos in 1944-45, as the GT tips. Towards the end on the Third Reich, BMW developed some military aircraft projects for your Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber along with the BMW Strahljäger, but none of all of them 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 bought in 1995. In 1994, BMW bought the United kingdom Rover Group[19] (which during the time consisted of the Rover, Land Rover and MG brands plus the rights to defunct manufacturers including Austin and Morris), and owned it with regard to six years. By 2000, Rover was incurring huge losses and BMW chose to sell the combine. The MG and Rover brands were sold to the Phoenix Consortium to form MG Rover, while Land Rover was bought out by Ford. BMW, meanwhile, retained the rights to develop the new Mini, which was launched within 2001.

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Fundamental designer Chris Bangle announced his departure from BMW with February 2009, after serving on the structure team for nearly seventeen years. He was replaced through Adrian van Hooydonk, Bangle's former right-hand man. Bangle was known with regard to his radical designs such as 2002 7-Series and the 2002 Z4. In July 2007, the production rights pertaining to Husqvarna Motorcycles was purchased by BMW for just a reported 93 million pounds. BMW Motorrad plans to continue operating Husqvarna Motorcycles to be a separate enterprise. All development, sales and production activities, as well as the actual workforce, have remained in spot at its present place at Varese.In June 2012, BMW was listed because the #1 most reputable company on this 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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