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Bayerische Motoren Werke AG A language like german for Bavarian Motor Functions, usually known under the abbreviation BMW, is a German luxurious 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 below BMW Motorrad, and plug-in electric cars under the BMW i sub-brand and the "iPerformance" model designation inside regular BMW lineup. It is one with the best-selling luxury automakers in the world. The company is a component of the Euro Stoxx 50 currency markets index.BMW was established like a business entity following a restructuring of the Rapp Motorenwerke aircraft producing firm in 1917. After the end regarding World War I inside 1918, BMW was forced to cease aircraft-engine production through the terms of the Versailles Armistice Treaty. The company consequently shifted to motorcycle production because the restrictions of the treaty grew to become lifted in 1923, followed by automobiles in 1928-29.The first car which BMW successfully produced plus the car which launched BMW on the road to automobile production was the particular Dixi, based on the Austin 7 and licensed from your Austin Motor Company in Birmingham, England.

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BMW's 1st significant aircraft engine, and commercial product connected with any sort, was the BMW IIIa inline-six liquid-cooled serps of 1918, known for good energy economy and high-altitude performance. With German rearmament within the 1930s, the company again started out 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 Globe War II engine types were the BMW 132 and BMW 801 air-cooled radial engines, 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 from the first prototype of the actual Messerschmitt Me 262, the Me 262 V1, but in 1942 exams the BMW prototype motors failed on takeoff 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 greater developed version of the actual 003 jet, recording an official prime speed of 800 km/h (497 mph). The first-ever four-engine plane aircraft ever flown have been the sixth and eighth prototypes on the Arado Ar 234 fly reconnaissance-bomber, which used BMW 003 aircraft for power. Through 1944 the 003's trustworthiness improved, making it a ideal power plant for air flow frame designs competing for that Jägernotprogramm's light fighter manufacturing contract. which was won by the Heinkel He 162 Spatz style. The BMW 003 aviation turbojet was also into consideration as the basic starting place for a pioneering turboshaft powerplant with regard to German armored fighting automobiles in 1944-45, as the GT info. Towards the end on the Third Reich, BMW developed some military aircraft projects for that Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber and also the BMW Strahljäger, but none of these individuals were built.

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BMW 3-Series (F30)In 1992, BMW acquired a huge stake in California-based business design studio DesignworksUSA, which they fully acquired in 1995. In 1994, BMW bought the English Rover Group[19] (which at that time consisted of the Rover, Land Rover and MG brands in addition to the rights to defunct brands including Austin and Morris), and owned it intended for six years. By 2000, Rover was incurring large losses and BMW chose to sell the combine. The MG and Rover brands were sold towards the Phoenix Consortium to variety MG Rover, while Land Rover was absorbed by Ford. BMW, meanwhile, retained the rights to make the new Mini, which was launched throughout 2001.

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Main designer Chris Bangle declared his departure from BMW with February 2009, after serving on the structure team for nearly over seventeen years. He was replaced by Adrian van Hooydonk, Bangle's former right-hand man. Bangle was known intended for his radical designs such as 2002 7-Series and this 2002 Z4. In July 2007, the production rights intended for Husqvarna Motorcycles was purchased by BMW for a reported 93 million euros. BMW Motorrad plans to carry on operating Husqvarna Motorcycles like a separate enterprise. All development, sales and production routines, as well as the current workforce, have remained in place at its present spot 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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