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Bayerische Motoren Werke AG In german for Bavarian Motor Functions, usually known under the abbreviation BMW, is a German extravagance vehicles, motorcycle, and engine manufacturing organization founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars and is particularly the parent company regarding Rolls-Royce Motor Cars. BMW produces motorcycles underneath BMW Motorrad, and plug-in electric cars within the BMW i sub-brand plus the "iPerformance" model designation within the regular BMW lineup. It is one with the best-selling luxury automakers in the world. The company is a factor of the Euro Stoxx 50 currency markets index.BMW was established as a business entity following a restructuring in the Rapp Motorenwerke aircraft making firm in 1917. After the end associated with World War I inside 1918, BMW was forced in order to cease aircraft-engine production because of the terms of the Versailles Armistice Treaty. The company consequently moved to motorcycle production because restrictions of the treaty has become lifted in 1923, followed by automobiles inside 1928-29.The first car which in turn BMW successfully produced and the car which launched BMW on the road to automobile production was the actual Dixi, based on the Austin 7 and licensed through the Austin Motor Company inside Birmingham, England.

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BMW's initial significant aircraft engine, and commercial product regarding any sort, was the BMW IIIa inline-six liquid-cooled engine of 1918, known for good gasoline economy and high-altitude functionality. 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 of the concentration camp Dachau. Among its successful Globe War II engine styles were the BMW 132 and also BMW 801 air-cooled radial machines, and the pioneering BMW 003 axial-flow turbojet, which powered the 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 Messerschmitt Me 262, the Me 262 V1, but in 1942 tests the BMW prototype search engines failed on takeoff along with only the standby Junkers Jumo 210 nose-mounted piston engine powering it to your safe landing. [11][12] The few Myself 262 A-1b test examples built used a lot more developed version of the particular 003 jet, recording an official best speed of 800 km/h (497 mph). The first-ever four-engine jet aircraft ever flown were being 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 stability improved, making it a suited power plant for oxygen frame designs competing for your Jägernotprogramm's light fighter output contract. which was won through the Heinkel He 162 Spatz design. The BMW 003 aviation turbojet was also in mind as the basic beginning point for a pioneering turboshaft powerplant for German armored fighting vehicles 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 as well as the BMW Strahljäger, but none of these individuals were built.

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BMW 3-Series (F30)In 1992, BMW acquired a big stake in California-based professional design studio DesignworksUSA, which they fully obtained in 1995. In 1994, BMW bought the British Rover Group[19] (which at the time consisted of the Rover, Land Rover and MG brands in addition to the rights to defunct brand names including Austin and Morris), and owned it pertaining to six years. By 2000, Rover was incurring big 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 bought out by Ford. BMW, meanwhile, retained the rights to develop the new Mini, which was launched throughout 2001.

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Main designer Chris Bangle announced his departure from BMW throughout February 2009, after serving on the design team for nearly 17 years. He was replaced through Adrian van Hooydonk, Bangle's former right-hand guy. Bangle was known with regard to his radical designs like the 2002 7-Series and this 2002 Z4. In July 2007, the production rights intended for Husqvarna Motorcycles was purchased by BMW for any reported 93 million euros. BMW Motorrad plans to keep operating Husqvarna Motorcycles as being a separate enterprise. All development, sales and production activities, as well as the existing workforce, have remained in area at its present position at Varese.In June 2012, BMW was listed for the reason that #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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