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Bayerische Motoren Werke AG German born for Bavarian Motor Performs, usually known under their abbreviation BMW, is a German luxury vehicles, motorcycle, and engine manufacturing company founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars which is the parent company involving Rolls-Royce Motor Cars. BMW produces motorcycles beneath BMW Motorrad, and plug-in electric cars beneath BMW i sub-brand along with the "iPerformance" model designation inside regular BMW lineup. It is one with the best-selling luxury automakers on earth. The company is a factor of the Euro Stoxx 50 currency markets index.BMW was established like a business entity following a restructuring from the Rapp Motorenwerke aircraft creation firm in 1917. After the end connected with World War I within 1918, BMW was forced to be able to cease aircraft-engine production through the terms of the Versailles Armistice Treaty. The company consequently shifted to motorcycle production because restrictions of the treaty began to be lifted in 1923, followed by automobiles in 1928-29.The first car which usually BMW successfully produced and the car which launched BMW on the road to automobile production was this Dixi, based on the Austin texas 7 and licensed on the Austin Motor Company in Birmingham, England.

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BMW's first significant aircraft engine, and commercial product regarding any sort, was the BMW IIIa inline-six liquid-cooled serp of 1918, known for good energy resource economy and high-altitude functionality. With German rearmament inside the 1930s, the company again begun producing aircraft engines for the Luftwaffe. The factory in Munich made ample use of forced labour: foreign civilians, prisoners of war and inmates of the concentration camp Dachau. Among its successful Earth War II engine styles were the BMW 132 and also BMW 801 air-cooled radial search 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 initially tested as a prime power plant in the first prototype of your Messerschmitt Me 262, the Me 262 V1, but in 1942 tests the BMW prototype motors failed on takeoff with only the standby Junkers Jumo 210 nose-mounted piston engine powering it to your safe landing. [11][12] The few Myself 262 A-1b test examples built used greater developed version of this 003 jet, recording an official top speed of 800 km/h (497 mph). The first-ever four-engine plane aircraft ever flown ended up the sixth and eighth prototypes on the Arado Ar 234 airliner reconnaissance-bomber, which used BMW 003 aircraft for power. Through 1944 the 003's stability improved, making it a suited power plant for fresh air frame designs competing for your Jägernotprogramm's light fighter generation contract. which was won by the Heinkel He 162 Spatz design. The BMW 003 aviation turbojet was also under consideration as the basic beginning point for a pioneering turboshaft powerplant regarding German armored fighting vehicles in 1944-45, as the GT information. Towards the end of the Third Reich, BMW developed some military aircraft projects to the Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber and also 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 professional design studio DesignworksUSA, which they fully bought in 1995. In 1994, BMW bought the United kingdom Rover Group[19] (which back then consisted of the Rover, Land Rover and MG brands in addition to the rights to defunct models including Austin and Morris), and owned it regarding six years. By 2000, Rover was incurring huge losses and BMW chose to sell the combine. The MG and Rover brands were sold for the Phoenix Consortium to style MG Rover, while Land Rover was absorbed by Ford. BMW, meanwhile, retained the rights to develop the new Mini, which was launched with 2001.

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Fundamental designer Chris Bangle declared his departure from BMW throughout February 2009, after serving on the look team for nearly 19 years. He was replaced by means of Adrian van Hooydonk, Bangle's former right-hand gentleman. Bangle was known pertaining to his radical designs like the 2002 7-Series and the actual 2002 Z4. In July 2007, the production rights with regard to Husqvarna Motorcycles was purchased by BMW to get a reported 93 million euros. BMW Motorrad plans to remain operating Husqvarna Motorcycles being a separate enterprise. All development, sales and production routines, as well as the current workforce, have remained in position at its present area at Varese.In June 2012, BMW was listed as 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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