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Bayerische Motoren Werke AG A language like german for Bavarian Motor Functions, usually known under it's abbreviation BMW, is a German high-class vehicles, motorcycle, and engine manufacturing company founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars and is particularly the parent company involving Rolls-Royce Motor Cars. BMW produces motorcycles beneath BMW Motorrad, and plug-in electric cars beneath the BMW i sub-brand plus the "iPerformance" model designation within the regular BMW lineup. It is one with the best-selling luxury automakers on the planet. The company is a component of the Euro Stoxx 50 stock trading game index.BMW was established to be a business entity following a restructuring from the Rapp Motorenwerke aircraft producing firm in 1917. After the end associated with World War I inside 1918, BMW was forced for you to cease aircraft-engine production with the terms of the Versailles Armistice Treaty. The company consequently moved to motorcycle production as the restrictions of the treaty grew to become lifted in 1923, followed by automobiles within 1928-29.The first car which often BMW successfully produced as well as the car which launched BMW on the path to automobile production was the Dixi, based on the Austin tx 7 and licensed in the Austin Motor Company in Birmingham, England.

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BMW's very first significant aircraft engine, and commercial product associated with any sort, was the BMW IIIa inline-six liquid-cooled motor of 1918, known for good fuel economy and high-altitude efficiency. With German rearmament inside the 1930s, the company again started producing aircraft engines to the Luftwaffe. The factory in Munich made ample usage of forced labour: foreign civilians, prisoners of war and inmates on the concentration camp Dachau. Among its successful Planet War II engine patterns were the BMW 132 as well as BMW 801 air-cooled radial motors, 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 first tested as a prime power plant within the first prototype of the actual Messerschmitt Me 262, the Me 262 V1, but in 1942 assessments the BMW prototype motors failed on takeoff using only the standby Junkers Jumo 210 nose-mounted piston engine powering it to a safe landing. [11][12] The few Myself 262 A-1b test examples built used the more developed version of this 003 jet, recording an official prime speed of 800 km/h (497 mph). The first-ever four-engine aircraft aircraft ever flown have been the sixth and eighth prototypes with the Arado Ar 234 airliner reconnaissance-bomber, which used BMW 003 jets for power. Through 1944 the 003's reliability improved, making it a ideal power plant for air flow frame designs competing for that Jägernotprogramm's light fighter production contract. which was won through the Heinkel He 162 Spatz design. The BMW 003 aviation turbojet was also into consideration as the basic beginning point for a pioneering turboshaft powerplant with regard to German armored fighting cars in 1944-45, as the GT 101. Towards the end with the Third Reich, BMW developed some military aircraft projects for that Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber along with 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 acquired in 1995. In 1994, BMW bought the United kingdom Rover Group[19] (which back then consisted of the Rover, Land Rover and MG brands along with the rights to defunct models including Austin and Morris), and owned it with regard to six years. By 2000, Rover was incurring large losses and BMW thought i would sell the combine. The MG and Rover brands were sold for the Phoenix Consortium to type MG Rover, while Land Rover was taken over by Ford. BMW, meanwhile, retained the rights to create the new Mini, which was launched inside 2001.

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Key designer Chris Bangle introduced his departure from BMW within 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 particular 2002 Z4. In July 2007, the production rights pertaining to Husqvarna Motorcycles was purchased by BMW for the reported 93 million pounds. BMW Motorrad plans to carry on operating Husqvarna Motorcycles as a separate enterprise. All development, sales and production things to do, as well as the current workforce, have remained in spot at its present place at Varese.In June 2012, BMW was listed for the reason that #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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