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Bayerische Motoren Werke AG The german language for Bavarian Motor Functions, usually known under it is abbreviation BMW, is a German high-class 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 underneath BMW Motorrad, and plug-in electric cars beneath the BMW i sub-brand as well as the "iPerformance" model designation from the regular BMW lineup. It is one from the best-selling luxury automakers on earth. The company is an element of the Euro Stoxx 50 wall street game index.BMW was established being a business entity following a restructuring of the Rapp Motorenwerke aircraft production firm in 1917. After the end involving World War I throughout 1918, BMW was forced to be able to cease aircraft-engine production by the terms of the Versailles Armistice Treaty. The company consequently moved to motorcycle production because restrictions of the treaty began to be lifted in 1923, followed by automobiles inside 1928-29.The first car which often BMW successfully produced as well as the car which launched BMW with respect to automobile production was the actual Dixi, based on the Austin tx 7 and licensed on the Austin Motor Company in Birmingham, England.

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BMW's primary significant aircraft engine, and commercial product involving 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 in the 1930s, the company again commenced producing aircraft engines to the Luftwaffe. The factory in Munich made ample utilization of forced labour: foreign civilians, prisoners of war and inmates on the concentration camp Dachau. Among its successful World War II engine types were the BMW 132 and also BMW 801 air-cooled radial machines, 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 tested as a prime power plant from the first prototype of the particular Messerschmitt Me 262, the Me 262 V1, but in 1942 assessments the BMW prototype engines failed on takeoff using only the standby Junkers Jumo 210 nose-mounted piston engine powering it to a safe landing. [11][12] The few Everyone 262 A-1b test examples built used the harder developed version of the 003 jet, recording an official leading speed of 800 km/h (497 mph). The first-ever four-engine jet aircraft ever flown ended up the sixth and eighth prototypes of the Arado Ar 234 fly reconnaissance-bomber, which used BMW 003 jets for power. Through 1944 the 003's trustworthiness improved, making it a ideal power plant for air flow frame designs competing to the Jägernotprogramm's light fighter manufacturing contract. which was won because of the Heinkel He 162 Spatz pattern. The BMW 003 aviation turbojet was also into consideration as the basic beginning point for a pioneering turboshaft powerplant regarding German armored fighting cars in 1944-45, as the GT 101. Towards the end on the Third Reich, BMW developed some military aircraft projects to the Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber as well as the BMW Strahljäger, but none of these were built.

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BMW 3-Series (F30)In 1992, BMW acquired a big stake in California-based business design studio DesignworksUSA, which they fully purchased in 1995. In 1994, BMW bought the Uk Rover Group[19] (which right at that moment consisted of the Rover, Land Rover and MG brands and also the rights to defunct makes including Austin and Morris), and owned it intended for six years. By 2000, Rover was incurring large losses and BMW thought we would sell the combine. The MG and Rover brands were sold on the Phoenix Consortium to style MG Rover, while Land Rover was taken over by Ford. BMW, meanwhile, retained the rights to construct the new Mini, which was launched within 2001.

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Chief designer Chris Bangle released his departure from BMW in February 2009, after serving on the look team for nearly 17 years. He was replaced by Adrian van Hooydonk, Bangle's former right-hand guy. Bangle was known pertaining to 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 just a reported 93 million pounds. BMW Motorrad plans to stay operating Husqvarna Motorcycles to be a separate enterprise. All development, sales and production routines, as well as the latest workforce, have remained in spot at its present place at Varese.In June 2012, BMW was listed as 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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