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Bayerische Motoren Werke AG German for Bavarian Motor Performs, usually known under it is abbreviation BMW, is a German luxury vehicles, motorcycle, and engine manufacturing company founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars and is also the parent company associated with Rolls-Royce Motor Cars. BMW produces motorcycles beneath BMW Motorrad, and plug-in electric cars beneath BMW i sub-brand along with the "iPerformance" model designation in the regular BMW lineup. It is one of the best-selling luxury automakers on earth. The company is a factor of the Euro Stoxx 50 wall street game index.BMW was established as a business entity following a restructuring with the Rapp Motorenwerke aircraft production firm in 1917. After the end regarding World War I with 1918, BMW was forced to help cease aircraft-engine production from the terms of the Versailles Armistice Treaty. The company consequently altered to motorcycle production since the restrictions of the treaty turned lifted in 1923, followed by automobiles inside 1928-29.The first car that BMW successfully produced along with the car which launched BMW in relation to automobile production was the Dixi, based on the Austin texas 7 and licensed from the Austin Motor Company throughout 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 motor of 1918, known for good fuel economy and high-altitude overall performance. With German rearmament in the 1930s, the company again started out producing aircraft engines to the Luftwaffe. The factory in Munich made ample use of forced labour: foreign civilians, prisoners of war and inmates from the concentration camp Dachau. Among its successful Entire world War II engine models were the BMW 132 along with BMW 801 air-cooled radial motors, and the pioneering BMW 003 axial-flow turbojet, which powered the teeny, 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 from the first prototype of the particular Messerschmitt Me 262, the Me 262 V1, but in 1942 exams the BMW prototype engines failed on takeoff with only the standby Junkers Jumo 210 nose-mounted piston engine powering it to your safe landing. [11][12] The few Us 262 A-1b test examples built used the harder developed version of the 003 jet, recording an official prime speed of 800 km/h (497 mph). The first-ever four-engine plane aircraft ever flown had been the sixth and eighth prototypes in the Arado Ar 234 airliner reconnaissance-bomber, which used BMW 003 jets for power. Through 1944 the 003's dependability improved, making it a suited power plant for oxygen frame designs competing for the Jägernotprogramm's light fighter manufacturing contract. which was won because of the Heinkel He 162 Spatz design. The BMW 003 aviation turbojet was also under consideration as the basic beginning point for a pioneering turboshaft powerplant intended for German armored fighting motor vehicles in 1944-45, as the GT info. Towards the end from the Third Reich, BMW developed some military aircraft projects for the Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber as well as the BMW Strahljäger, but none of these were built.

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BMW 3-Series (F30)In 1992, BMW acquired a big stake in California-based manufacturing design studio DesignworksUSA, which they fully received 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 as well as the rights to defunct brand names including Austin and Morris), and owned it regarding six years. By 2000, Rover was incurring huge losses and BMW made a decision to sell the combine. The MG and Rover brands were sold towards Phoenix Consortium to form MG Rover, while Land Rover was absorbed by Ford. BMW, meanwhile, retained the rights to build the new Mini, which was launched throughout 2001.

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Key designer Chris Bangle released his departure from BMW with February 2009, after serving on the structure team for nearly 17 years. He was replaced by Adrian van Hooydonk, Bangle's former right-hand person. Bangle was known pertaining to his radical designs such as the 2002 7-Series and the actual 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 stay operating Husqvarna Motorcycles as being a separate enterprise. All development, sales and production actions, as well as the actual workforce, have remained in spot at its present spot at Varese.In June 2012, BMW was listed because #1 most reputable company on earth 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.".