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Bayerische Motoren Werke AG German born for Bavarian Motor Works, usually known under it's 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 is particularly the parent company associated with 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 in the regular BMW lineup. It is one in the best-selling luxury automakers on earth. The company is a component of the Euro Stoxx 50 wall street game index.BMW was established like a business entity following a restructuring from the Rapp Motorenwerke aircraft making firm in 1917. After the end of World War I with 1918, BMW was forced to cease aircraft-engine production because of the terms of the Versailles Armistice Treaty. The company consequently shifted to motorcycle production since the restrictions of the treaty started to be lifted in 1923, followed by automobiles inside 1928-29.The first car that BMW successfully produced and the car which launched BMW on the road to automobile production was this Dixi, based on the Austin tx 7 and licensed from your Austin Motor Company in 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 energy economy and high-altitude efficiency. With German rearmament within the 1930s, the company again started out producing aircraft engines for your Luftwaffe. The factory in Munich made ample using forced labour: foreign civilians, prisoners of war and inmates of the concentration camp Dachau. Among its successful Globe War II engine types were the BMW 132 and also BMW 801 air-cooled radial engines, 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 tested as a prime power plant inside first prototype of the Messerschmitt Me 262, the Me 262 V1, but in 1942 checks 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 the harder developed version of this 003 jet, recording an official prime speed of 800 km/h (497 mph). The first-ever four-engine airliner aircraft ever flown were being the sixth and eighth prototypes on the Arado Ar 234 fly reconnaissance-bomber, which used BMW 003 aircraft for power. Through 1944 the 003's stability improved, making it a suitable power plant for air frame designs competing with the Jägernotprogramm's light fighter manufacturing contract. which was won with the Heinkel He 162 Spatz layout. The BMW 003 aviation turbojet was also into consideration as the basic starting place for a pioneering turboshaft powerplant intended for German armored fighting vehicles in 1944-45, as the GT information. Towards the end with the Third Reich, BMW developed some military aircraft projects for your Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber and the BMW Strahljäger, but none of these people were built.

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BMW 3-Series (F30)In 1992, BMW acquired a big stake in California-based commercial design studio DesignworksUSA, which they fully purchased in 1995. In 1994, BMW bought the British Rover Group[19] (which back then consisted of the Rover, Land Rover and MG brands and also the rights to defunct brand names including Austin and Morris), and owned it intended for six years. By 2000, Rover was incurring huge losses and BMW thought we would sell the combine. The MG and Rover brands were sold to the Phoenix Consortium to kind MG Rover, while Land Rover was taken over by Ford. BMW, meanwhile, retained the rights to develop the new Mini, which was launched throughout 2001.

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Fundamental designer Chris Bangle released his departure from BMW throughout February 2009, after serving on the structure team for nearly over seventeen years. He was replaced simply by Adrian van Hooydonk, Bangle's former right-hand guy. Bangle was known pertaining to his radical designs such as the 2002 7-Series and the particular 2002 Z4. In July 2007, the production rights for Husqvarna Motorcycles was purchased by BMW for just a reported 93 million euros. BMW Motorrad plans to carry on operating Husqvarna Motorcycles as a separate enterprise. All development, sales and production activities, as well as the actual workforce, have remained in position at its present position at Varese.In June 2012, BMW was listed as the #1 most reputable company on the 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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