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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 corporation founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars and it is the parent company involving Rolls-Royce Motor Cars. BMW produces motorcycles under BMW Motorrad, and plug-in electric cars under the BMW i sub-brand plus the "iPerformance" model designation from the regular BMW lineup. It is one of the best-selling luxury automakers in the world. The company is an element of the Euro Stoxx 50 currency markets index.BMW was established as a business entity following a restructuring in the Rapp Motorenwerke aircraft production firm in 1917. After the end connected with World War I throughout 1918, BMW was forced to be able to cease aircraft-engine production with the terms of the Versailles Armistice Treaty. The company consequently moved to motorcycle production since the restrictions of the treaty began to be lifted in 1923, followed by automobiles with 1928-29.The first car that BMW successfully produced and also the car which launched BMW with respect to automobile production was the particular Dixi, based on the Austin 7 and licensed from the Austin Motor Company in Birmingham, England.

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BMW's 1st significant aircraft engine, and commercial product connected with any sort, was the BMW IIIa inline-six liquid-cooled powerplant of 1918, known for good gasoline economy and high-altitude overall performance. With German rearmament inside 1930s, the company again began producing aircraft engines for that Luftwaffe. The factory in Munich made ample utilization of forced labour: foreign civilians, prisoners of war and inmates of the concentration camp Dachau. Among its successful Globe War II engine models were the BMW 132 and also BMW 801 air-cooled radial motors, and the pioneering BMW 003 axial-flow turbojet, which powered the small, 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 Messerschmitt Me 262, the Me 262 V1, but in 1942 assessments the BMW prototype machines failed on takeoff having 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 the harder developed version of the particular 003 jet, recording an official prime speed of 800 km/h (497 mph). The first-ever four-engine aircraft aircraft ever flown had been the sixth and eighth prototypes with the Arado Ar 234 jet reconnaissance-bomber, which used BMW 003 aircraft for power. Through 1944 the 003's dependability improved, making it a acceptable power plant for fresh air frame designs competing for the Jägernotprogramm's light fighter generation contract. which was won through the Heinkel He 162 Spatz design and style. The BMW 003 aviation turbojet was also into consideration as the basic kick off point for a pioneering turboshaft powerplant regarding German armored fighting autos in 1944-45, as the GT information and facts. Towards the end of the Third Reich, BMW developed some military aircraft projects for that Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber and also the BMW Strahljäger, but none of these people 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 acquired in 1995. In 1994, BMW bought the English Rover Group[19] (which at that time consisted of the Rover, Land Rover and MG brands and also the rights to defunct models including Austin and Morris), and owned it regarding six years. By 2000, Rover was incurring big losses and BMW thought i would sell the combine. The MG and Rover brands were sold towards the Phoenix Consortium to type MG Rover, while Land Rover was bought out by Ford. BMW, meanwhile, retained the rights to construct the new Mini, which was launched within 2001.

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Main designer Chris Bangle introduced his departure from BMW inside February 2009, after serving on the planning team for nearly over seventeen years. He was replaced simply by Adrian van Hooydonk, Bangle's former right-hand male. Bangle was known regarding his radical designs such as 2002 7-Series and your 2002 Z4. In July 2007, the production rights regarding Husqvarna Motorcycles was purchased by BMW for just a reported 93 million euros. BMW Motorrad plans to carry on operating Husqvarna Motorcycles as a separate enterprise. All development, sales and production actions, as well as the actual workforce, have remained in position at its present location at Varese.In June 2012, BMW was listed because #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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