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Bayerische Motoren Werke AG German for Bavarian Motor Is effective, usually known under it's abbreviation BMW, is a German extravagance vehicles, motorcycle, and engine manufacturing corporation 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 underneath BMW Motorrad, and plug-in electric cars under the BMW i sub-brand and also the "iPerformance" model designation inside regular BMW lineup. It is one from the best-selling luxury automakers on the globe. The company is a factor of the Euro Stoxx 50 currency markets index.BMW was established like a business entity following a restructuring with the Rapp Motorenwerke aircraft producing firm in 1917. After the end regarding World War I in 1918, BMW was forced to help cease aircraft-engine production by the terms of the Versailles Armistice Treaty. The company consequently shifted to motorcycle production because the restrictions of the treaty grew to become lifted in 1923, followed by automobiles with 1928-29.The first car that BMW successfully produced as well as the car which launched BMW on the road to automobile production was this Dixi, based on the Austin 7 and licensed from the Austin Motor Company within Birmingham, England.

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BMW's initial 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 functionality. With German rearmament inside 1930s, the company again begun producing aircraft engines to the Luftwaffe. The factory in Munich made ample utilization of forced labour: foreign civilians, prisoners of war and inmates on the concentration camp Dachau. Among its successful Earth War II engine designs were the BMW 132 as well as BMW 801 air-cooled radial engines, 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 inside first prototype of the actual Messerschmitt Me 262, the Me 262 V1, but in 1942 checks the BMW prototype machines failed on takeoff using only the standby Junkers Jumo 210 nose-mounted piston engine powering it to a safe landing. [11][12] The few Me 262 A-1b test examples built used a lot more developed version of the actual 003 jet, recording an official top speed of 800 km/h (497 mph). The first-ever four-engine jet aircraft ever flown were the sixth and eighth prototypes of the Arado Ar 234 fly reconnaissance-bomber, which used BMW 003 aircraft for power. Through 1944 the 003's dependability improved, making it a appropriate power plant for air frame designs competing for your Jägernotprogramm's light fighter output contract. which was won by the Heinkel He 162 Spatz style. The BMW 003 aviation turbojet was also under consideration as the basic starting point for a pioneering turboshaft powerplant regarding German armored fighting autos in 1944-45, as the GT info. Towards the end on the Third Reich, BMW developed some military aircraft projects for that Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber plus the BMW Strahljäger, but none of these were built.

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BMW 3-Series (F30)In 1992, BMW acquired a large stake in California-based business design studio DesignworksUSA, which they fully purchased in 1995. In 1994, BMW bought the British isles Rover Group[19] (which during 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 regarding six years. By 2000, Rover was incurring big losses and BMW made a decision to sell the combine. The MG and Rover brands were sold towards Phoenix Consortium to type MG Rover, while Land Rover was bought out by Ford. BMW, meanwhile, retained the rights to create the new Mini, which was launched throughout 2001.

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Main designer Chris Bangle announced his departure from BMW in February 2009, after serving on the structure team for nearly seventeen years. He was replaced through Adrian van Hooydonk, Bangle's former right-hand male. Bangle was known pertaining to his radical designs such as 2002 7-Series and the particular 2002 Z4. In July 2007, the production rights pertaining to Husqvarna Motorcycles was purchased by BMW for the reported 93 million euros. BMW Motorrad plans to remain operating Husqvarna Motorcycles like a separate enterprise. All development, sales and production pursuits, as well as the existing workforce, have remained in place at its present position at Varese.In June 2012, BMW was listed since the #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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