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Bayerische Motoren Werke AG German born for Bavarian Motor Works, usually known under its abbreviation BMW, is a German high end vehicles, motorcycle, and engine manufacturing business 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 under BMW Motorrad, and plug-in electric cars beneath the BMW i sub-brand along with the "iPerformance" model designation inside regular BMW lineup. It is one on the best-selling luxury automakers in the world. The company is a factor of the Euro Stoxx 50 stock exchange index.BMW was established being a business entity following a restructuring of the Rapp Motorenwerke aircraft manufacturing firm in 1917. After the end associated with World War I in 1918, BMW was forced for you to cease aircraft-engine production because of the terms of the Versailles Armistice Treaty. The company consequently shifted to motorcycle production because restrictions of the treaty has become lifted in 1923, followed by automobiles with 1928-29.The first car that BMW successfully produced and also the car which launched BMW on the road to automobile production was the actual Dixi, based on the Austin texas 7 and licensed in the Austin Motor Company throughout Birmingham, England.

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BMW's very first significant aircraft engine, and commercial product involving any sort, was the BMW IIIa inline-six liquid-cooled serp of 1918, known for good energy economy and high-altitude performance. With German rearmament inside the 1930s, the company again began producing aircraft engines for the Luftwaffe. The factory in Munich made ample usage of forced labour: foreign civilians, prisoners of war and inmates of the concentration camp Dachau. Among its successful Globe War II engine designs were the BMW 132 as well as BMW 801 air-cooled radial search engines, 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 first tested as a prime power plant within the first prototype of this Messerschmitt Me 262, the Me 262 V1, but in 1942 testing the BMW prototype engines failed on takeoff along with only the standby Junkers Jumo 210 nose-mounted piston engine powering it with a safe landing. [11][12] The few Myself 262 A-1b test examples built used greater developed version of the particular 003 jet, recording an official leading speed of 800 km/h (497 mph). The first-ever four-engine fly aircraft ever flown have been the sixth and eighth prototypes in the Arado Ar 234 aircraft reconnaissance-bomber, which used BMW 003 aircraft for power. Through 1944 the 003's consistency improved, making it a ideal power plant for fresh air frame designs competing for your Jägernotprogramm's light fighter production contract. which was won with the Heinkel He 162 Spatz design and style. The BMW 003 aviation turbojet was also involved as the basic kick off point for a pioneering turboshaft powerplant with regard to German armored fighting cars in 1944-45, as the GT information and facts. Towards the end with the Third Reich, BMW developed some military aircraft projects with 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 significant stake in California-based industrial design studio DesignworksUSA, which they fully purchased in 1995. In 1994, BMW bought the Uk Rover Group[19] (which back then consisted of the Rover, Land Rover and MG brands along with the rights to defunct makes including Austin and Morris), and owned it for six years. By 2000, Rover was incurring huge losses and BMW thought i would 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 build the new Mini, which was launched in 2001.

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Chief designer Chris Bangle reported his departure from BMW inside February 2009, after serving on the look team for nearly 19 years. He was replaced by Adrian van Hooydonk, Bangle's former right-hand gentleman. Bangle was known regarding his radical designs such as 2002 7-Series and this 2002 Z4. In July 2007, the production rights with regard to Husqvarna Motorcycles was purchased by BMW to get a reported 93 million euros. BMW Motorrad plans to continue operating Husqvarna Motorcycles to be a separate enterprise. All development, sales and production pursuits, as well as the latest workforce, have remained in position at its present location at Varese.In June 2012, BMW was listed because #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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