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Bayerische Motoren Werke AG In german for Bavarian Motor Functions, usually known under its abbreviation BMW, is a German high-class vehicles, motorcycle, and engine manufacturing organization founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars and is the parent company connected with Rolls-Royce Motor Cars. BMW produces motorcycles within BMW Motorrad, and plug-in electric cars within the BMW i sub-brand and also the "iPerformance" model designation inside the regular BMW lineup. It is one with the best-selling luxury automakers on earth. The company is a component of the Euro Stoxx 50 stock trading game index.BMW was established as a business entity following a restructuring with the Rapp Motorenwerke aircraft manufacturing firm in 1917. After the end connected with World War I throughout 1918, BMW was forced to be able to cease aircraft-engine production from the terms of the Versailles Armistice Treaty. The company consequently altered to motorcycle production because restrictions of the treaty grew to become lifted in 1923, followed by automobiles inside 1928-29.The first car which in turn BMW successfully produced and the car which launched BMW in relation to automobile production was the actual Dixi, based on the Austin texas 7 and licensed through the Austin Motor Company with Birmingham, England.

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BMW's very first significant aircraft engine, and commercial product connected with any sort, was the BMW IIIa inline-six liquid-cooled serp of 1918, known for good energy resource economy and high-altitude effectiveness. With German rearmament in the 1930s, the company again began producing aircraft engines to the Luftwaffe. The factory in Munich made ample using forced labour: foreign civilians, prisoners of war and inmates on the concentration camp Dachau. Among its successful Planet War II engine designs were the BMW 132 along with BMW 801 air-cooled radial machines, 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 inside the first prototype of the Messerschmitt Me 262, the Me 262 V1, but in 1942 exams the BMW prototype applications failed on takeoff along with only the standby Junkers Jumo 210 nose-mounted piston engine powering it to some safe landing. [11][12] The few Everyone 262 A-1b test examples built used the greater developed version of the actual 003 jet, recording an official prime speed of 800 km/h (497 mph). The first-ever four-engine airliner aircraft ever flown have been the sixth and eighth prototypes on the Arado Ar 234 jet reconnaissance-bomber, which used BMW 003 jets for power. Through 1944 the 003's stability improved, making it a suited power plant for atmosphere frame designs competing with the 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 into consideration as the basic beginning for a pioneering turboshaft powerplant for German armored fighting vehicles in 1944-45, as the GT tips. 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 big stake in California-based industrial design studio DesignworksUSA, which they fully acquired in 1995. In 1994, BMW bought the Uk Rover Group[19] (which at that time consisted of the Rover, Land Rover and MG brands in addition to the rights to defunct makes including Austin and Morris), and owned it regarding six years. By 2000, Rover was incurring huge losses and BMW decided to sell the combine. The MG and Rover brands were sold for the Phoenix Consortium to form MG Rover, while Land Rover was taken over by Ford. BMW, meanwhile, retained the rights to make the new Mini, which was launched throughout 2001.

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Fundamental designer Chris Bangle declared his departure from BMW inside February 2009, after serving on the structure team for nearly seventeen years. He was replaced by means of Adrian van Hooydonk, Bangle's former right-hand male. Bangle was known for his radical designs for example the 2002 7-Series and your 2002 Z4. In July 2007, the production rights with regard to Husqvarna Motorcycles was purchased by BMW to get a reported 93 million pounds. BMW Motorrad plans to remain operating Husqvarna Motorcycles being a separate enterprise. All development, sales and production actions, as well as the latest workforce, have remained in position at its present spot at Varese.In June 2012, BMW was listed since the #1 most reputable company on this 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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