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Bayerische Motoren Werke AG In german for Bavarian Motor Performs, usually known under it's abbreviation BMW, is a German extravagance vehicles, motorcycle, and engine manufacturing firm founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars and is also the parent company of Rolls-Royce Motor Cars. BMW produces motorcycles under 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 in the best-selling luxury automakers on the globe. The company is an element of the Euro Stoxx 50 stock trading game index.BMW was established like a business entity following a restructuring with the Rapp Motorenwerke aircraft production firm in 1917. After the end of World War I inside 1918, BMW was forced for you to cease aircraft-engine production with the terms of the Versailles Armistice Treaty. The company consequently shifted to motorcycle production because restrictions of the treaty started to be lifted in 1923, followed by automobiles within 1928-29.The first car which in turn BMW successfully produced as well as the car which launched BMW on the path to automobile production was the particular Dixi, based on the Austin 7 and licensed from the Austin Motor Company with Birmingham, England.

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BMW's 1st significant aircraft engine, and commercial product involving any sort, was the BMW IIIa inline-six liquid-cooled powerplant of 1918, known for good gas economy and high-altitude efficiency. With German rearmament from the 1930s, the company again begun producing aircraft engines for 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 Planet War II engine models were the BMW 132 in addition to BMW 801 air-cooled radial machines, and the pioneering BMW 003 axial-flow turbojet, which powered the tiny, 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 the particular Messerschmitt Me 262, the Me 262 V1, but in 1942 tests the BMW prototype applications failed on takeoff having only the standby Junkers Jumo 210 nose-mounted piston engine powering it into a safe landing. [11][12] The few Myself 262 A-1b test examples built used the harder developed version of your 003 jet, recording an official top speed of 800 km/h (497 mph). The first-ever four-engine plane aircraft ever flown have been the sixth and eighth prototypes from the Arado Ar 234 fly reconnaissance-bomber, which used BMW 003 aircraft for power. Through 1944 the 003's reliability improved, making it a suited power plant for fresh air frame designs competing to the Jägernotprogramm's light fighter generation contract. which was won with the Heinkel He 162 Spatz layout. The BMW 003 aviation turbojet was also under consideration as the basic starting point for a pioneering turboshaft powerplant with regard to German armored fighting cars in 1944-45, as the GT tips. Towards the end in the Third Reich, BMW developed some military aircraft projects to the Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber along with the BMW Strahljäger, but none of these individuals were built.

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BMW 3-Series (F30)In 1992, BMW acquired a large stake in California-based commercial design studio DesignworksUSA, which they fully acquired in 1995. In 1994, BMW bought the Uk Rover Group[19] (which right at that moment consisted of the Rover, Land Rover and MG brands as well as the rights to defunct makes including Austin and Morris), and owned it for six years. By 2000, Rover was incurring enormous losses and BMW made a decision to sell the combine. The MG and Rover brands were sold to the Phoenix Consortium to type MG Rover, while Land Rover was taken over by Ford. BMW, meanwhile, retained the rights to build the new Mini, which was launched within 2001.

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Chief designer Chris Bangle announced his departure from BMW throughout February 2009, after serving on the planning team for nearly 18 years. He was replaced by simply Adrian van Hooydonk, Bangle's former right-hand guy. Bangle was known pertaining to his radical designs such as 2002 7-Series and the particular 2002 Z4. In July 2007, the production rights regarding Husqvarna Motorcycles was purchased by BMW for a reported 93 million euros. BMW Motorrad plans to remain operating Husqvarna Motorcycles being a separate enterprise. All development, sales and production actions, as well as the actual workforce, have remained in area at its present place 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.".

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