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Bayerische Motoren Werke AG The german language for Bavarian Motor Functions, usually known under it's abbreviation BMW, is a German luxury vehicles, motorcycle, and engine manufacturing corporation founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars and is particularly the parent company regarding Rolls-Royce Motor Cars. BMW produces motorcycles within BMW Motorrad, and plug-in electric cars beneath BMW i sub-brand as well as the "iPerformance" model designation inside regular BMW lineup. It is one of the best-selling luxury automakers on the globe. The company is an element of the Euro Stoxx 50 currency markets index.BMW was established like a business entity following a restructuring of the Rapp Motorenwerke aircraft production firm in 1917. After the end regarding World War I within 1918, BMW was forced to be able to cease aircraft-engine production because of the terms of the Versailles Armistice Treaty. The company consequently changed to motorcycle production as the restrictions of the treaty grew to become lifted in 1923, followed by automobiles within 1928-29.The first car that 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 from the Austin Motor Company within 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 motor of 1918, known for good fuel economy and high-altitude performance. With German rearmament inside the 1930s, the company again commenced producing aircraft engines to the Luftwaffe. The factory in Munich made ample by using forced labour: foreign civilians, prisoners of war and inmates on the concentration camp Dachau. Among its successful World War II engine patterns were the BMW 132 and BMW 801 air-cooled radial motors, 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 initially tested as a prime power plant inside first prototype of this Messerschmitt Me 262, the Me 262 V1, but in 1942 exams the BMW prototype machines failed on takeoff having only the standby Junkers Jumo 210 nose-mounted piston engine powering it into a safe landing. [11][12] The few Us 262 A-1b test examples built used the more developed version of the particular 003 jet, recording an official top speed of 800 km/h (497 mph). The first-ever four-engine aircraft aircraft ever flown were being the sixth and eighth prototypes with the Arado Ar 234 fly reconnaissance-bomber, which used BMW 003 jets for power. Through 1944 the 003's consistency improved, making it a ideal power plant for air flow frame designs competing for that Jägernotprogramm's light fighter output contract. which was won through the Heinkel He 162 Spatz design and style. The BMW 003 aviation turbojet was also into account as the basic beginning for a pioneering turboshaft powerplant intended for German armored fighting autos in 1944-45, as the GT information. Towards the end in the Third Reich, BMW developed some military aircraft projects for the Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber plus the BMW Strahljäger, but none of these individuals were built.

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BMW 3-Series (F30)In 1992, BMW acquired a substantial stake in California-based commercial design studio DesignworksUSA, which they fully bought in 1995. In 1994, BMW bought the Uk Rover Group[19] (which at the time consisted of the Rover, Land Rover and MG brands as well as the rights to defunct brands including Austin and Morris), and owned it for 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 on the Phoenix Consortium to type MG Rover, while Land Rover was absorbed by Ford. BMW, meanwhile, retained the rights to develop the new Mini, which was launched within 2001.

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Fundamental designer Chris Bangle reported his departure from BMW in February 2009, after serving on the structure team for nearly 17 years. He was replaced simply by Adrian van Hooydonk, Bangle's former right-hand gentleman. Bangle was known with regard to his radical designs like the 2002 7-Series and the actual 2002 Z4. In July 2007, the production rights pertaining to Husqvarna Motorcycles was purchased by BMW to get a reported 93 million pounds. BMW Motorrad plans to stay operating Husqvarna Motorcycles being a separate enterprise. All development, sales and production actions, as well as the latest workforce, have remained in area at its present location at Varese.In June 2012, BMW was listed because the #1 most reputable company on the globe 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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