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Bayerische Motoren Werke AG In german for Bavarian Motor Is effective, usually known under the 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 also the parent company involving Rolls-Royce Motor Cars. BMW produces motorcycles under BMW Motorrad, and plug-in electric cars beneath the BMW i sub-brand plus the "iPerformance" model designation inside the regular BMW lineup. It is one with the best-selling luxury automakers on this planet. The company is a factor of the Euro Stoxx 50 stock exchange index.BMW was established like a business entity following a restructuring from the Rapp Motorenwerke aircraft making firm in 1917. After the end associated with World War I throughout 1918, BMW was forced for you to cease aircraft-engine production through the terms of the Versailles Armistice Treaty. The company consequently moved to motorcycle production because restrictions of the treaty turned lifted in 1923, followed by automobiles in 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 texas 7 and licensed in the Austin Motor Company within Birmingham, England.

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BMW's very first significant aircraft engine, and commercial product of any sort, was the BMW IIIa inline-six liquid-cooled serp of 1918, known for good energy economy and high-altitude efficiency. With German rearmament in the 1930s, the company again begun producing aircraft engines with the Luftwaffe. The factory in Munich made ample utilization of forced labour: foreign civilians, prisoners of war and inmates in the concentration camp Dachau. Among its successful Earth War II engine types were the BMW 132 along with BMW 801 air-cooled radial machines, and the pioneering BMW 003 axial-flow turbojet, which powered the very small, 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 the particular Messerschmitt Me 262, the Me 262 V1, but in 1942 testing the BMW prototype motors failed on takeoff using only the standby Junkers Jumo 210 nose-mounted piston engine powering it to your safe landing. [11][12] The few Me personally 262 A-1b test examples built used greater 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 ended up the sixth and eighth prototypes in the Arado Ar 234 fly reconnaissance-bomber, which used BMW 003 jets for power. Through 1944 the 003's dependability improved, making it a suited power plant for air flow frame designs competing for the Jägernotprogramm's light fighter generation contract. which was won through the Heinkel He 162 Spatz design and style. The BMW 003 aviation turbojet was also into consideration as the basic starting point for a pioneering turboshaft powerplant regarding German armored fighting cars in 1944-45, as the GT tips. Towards the end with 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 these people were built.

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BMW 3-Series (F30)In 1992, BMW acquired a significant stake in California-based industrial 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 along with the rights to defunct brand names including Austin and Morris), and owned it regarding six years. By 2000, Rover was incurring enormous losses and BMW decided to sell the combine. The MG and Rover brands were sold for the Phoenix Consortium to variety MG Rover, while Land Rover was bought out by Ford. BMW, meanwhile, retained the rights to create the new Mini, which was launched in 2001.

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Chief designer Chris Bangle announced his departure from BMW with February 2009, after serving on the look team for nearly 18 years. He was replaced simply by Adrian van Hooydonk, Bangle's former right-hand guy. Bangle was known regarding his radical designs like the 2002 7-Series and the 2002 Z4. In July 2007, the production rights for Husqvarna Motorcycles was purchased by BMW to get a reported 93 million pounds. BMW Motorrad plans to stay operating Husqvarna Motorcycles as being a separate enterprise. All development, sales and production routines, as well as the actual workforce, have remained in place at its present location at Varese.In June 2012, BMW was listed as 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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