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Bayerische Motoren Werke AG A language like german for Bavarian Motor Is effective, usually known under its abbreviation BMW, is a German luxurious vehicles, motorcycle, and engine manufacturing business founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars which is the parent company regarding Rolls-Royce Motor Cars. BMW produces motorcycles below BMW Motorrad, and plug-in electric cars under the BMW i sub-brand and also the "iPerformance" model designation inside regular BMW lineup. It is one of the best-selling luxury automakers in the world. The company is a component of the Euro Stoxx 50 currency markets index.BMW was established as a business entity following a restructuring on the Rapp Motorenwerke aircraft production firm in 1917. After the end regarding World War I inside 1918, BMW was forced to help cease aircraft-engine production with the terms of the Versailles Armistice Treaty. The company consequently shifted to motorcycle production because restrictions of the treaty grew to become lifted in 1923, followed by automobiles throughout 1928-29.The first car which usually BMW successfully produced as well as the car which launched BMW with respect to automobile production was the Dixi, based on the Austin tx 7 and licensed from your 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 serps of 1918, known for good energy economy and high-altitude overall performance. With German rearmament inside the 1930s, the company again started out producing aircraft engines for that 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 World 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 tested as a prime power plant inside 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 262 A-1b test examples built used greater developed version of the particular 003 jet, recording an official best speed of 800 km/h (497 mph). The first-ever four-engine plane aircraft ever flown have been the sixth and eighth prototypes with the Arado Ar 234 fly reconnaissance-bomber, which used BMW 003 jets for power. Through 1944 the 003's dependability improved, making it a suitable power plant for fresh air frame designs competing to the Jägernotprogramm's light fighter generation contract. which was won through the Heinkel He 162 Spatz layout. The BMW 003 aviation turbojet was also involved as the basic starting point for a pioneering turboshaft powerplant regarding German armored fighting automobiles in 1944-45, as the GT info. Towards the end in the Third Reich, BMW developed some military aircraft projects for the Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber and also the BMW Strahljäger, but none of all of them were built.

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BMW 3-Series (F30)In 1992, BMW acquired a substantial stake in California-based manufacturing design studio DesignworksUSA, which they fully acquired in 1995. In 1994, BMW bought the English Rover Group[19] (which back then consisted of the Rover, Land Rover and MG brands plus the rights to defunct models including Austin and Morris), and owned it with regard to six years. By 2000, Rover was incurring big losses and BMW made a decision to sell the combine. The MG and Rover brands were sold to the Phoenix Consortium to kind MG Rover, while Land Rover was bought out by Ford. BMW, meanwhile, retained the rights to create the new Mini, which was launched within 2001.

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Primary designer Chris Bangle announced his departure from BMW within February 2009, after serving on the style team for nearly 19 years. He was replaced by means of Adrian van Hooydonk, Bangle's former right-hand man. Bangle was known regarding his radical designs for example the 2002 7-Series and the 2002 Z4. In July 2007, the production rights with regard to Husqvarna Motorcycles was purchased by BMW for a reported 93 million pounds. BMW Motorrad plans to keep operating Husqvarna Motorcycles being 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 #1 most reputable company in the world 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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