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Bayerische Motoren Werke AG The german language for Bavarian Motor Is effective, usually known under the abbreviation BMW, is a German high-class vehicles, motorcycle, and engine manufacturing business founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars and is the parent company involving Rolls-Royce Motor Cars. BMW produces motorcycles within BMW Motorrad, and plug-in electric cars beneath the BMW i sub-brand and also the "iPerformance" model designation from the regular BMW lineup. It is one from the best-selling luxury automakers on the globe. The company is a component of the Euro Stoxx 50 stock exchange index.BMW was established being a business entity following a restructuring with the Rapp Motorenwerke aircraft production firm in 1917. After the end associated with World War I in 1918, BMW was forced for you to cease aircraft-engine production by the terms of the Versailles Armistice Treaty. The company consequently shifted to motorcycle production as the restrictions of the treaty began to be lifted in 1923, followed by automobiles inside 1928-29.The first car which often BMW successfully produced plus the car which launched BMW on the road to automobile production was the actual Dixi, based on the Austin 7 and licensed from the Austin Motor Company in 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 motor of 1918, known for good gas economy and high-altitude performance. With German rearmament from the 1930s, the company again commenced producing aircraft engines for your Luftwaffe. The factory in Munich made ample utilization of forced labour: foreign civilians, prisoners of war and inmates in the concentration camp Dachau. Among its successful Earth War II engine types were the BMW 132 and BMW 801 air-cooled radial applications, 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 tested as a prime power plant in the 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 into a safe landing. [11][12] The few Everyone 262 A-1b test examples built used greater developed version of this 003 jet, recording an official leading speed of 800 km/h (497 mph). The first-ever four-engine aircraft aircraft ever flown had 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 consistency improved, making it a ideal power plant for oxygen frame designs competing for that Jägernotprogramm's light fighter creation contract. which was won because of the Heinkel He 162 Spatz pattern. The BMW 003 aviation turbojet was also under consideration as the basic beginning point for a pioneering turboshaft powerplant with regard to German armored fighting cars in 1944-45, as the GT information. Towards the end with 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 these were built.

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BMW 3-Series (F30)In 1992, BMW acquired a substantial stake in California-based industrial design studio DesignworksUSA, which they fully obtained in 1995. In 1994, BMW bought the English Rover Group[19] (which right at that moment consisted of the Rover, Land Rover and MG brands plus the rights to defunct brands including Austin and Morris), and owned it pertaining to six years. By 2000, Rover was incurring huge losses and BMW decided to sell the combine. The MG and Rover brands were sold on the Phoenix Consortium to variety 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 reported his departure from BMW inside February 2009, after serving on the style team for nearly seventeen years. He was replaced by Adrian van Hooydonk, Bangle's former right-hand guy. Bangle was known intended for his radical designs including the 2002 7-Series and the particular 2002 Z4. In July 2007, the production rights pertaining to Husqvarna Motorcycles was purchased by BMW for just a reported 93 million euros. BMW Motorrad plans to keep operating Husqvarna Motorcycles to be a separate enterprise. All development, sales and production activities, as well as the present workforce, have remained in location at its present place at Varese.In June 2012, BMW was listed as the #1 most reputable company on the globe 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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