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Bayerische Motoren Werke AG German for Bavarian Motor Is effective, usually known under the abbreviation BMW, is a German high-class vehicles, motorcycle, and engine manufacturing corporation founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars which is the parent company regarding Rolls-Royce Motor Cars. BMW produces motorcycles underneath BMW Motorrad, and plug-in electric cars underneath the BMW i sub-brand as well as the "iPerformance" model designation inside the regular BMW lineup. It is one on the best-selling luxury automakers on earth. The company is a factor of the Euro Stoxx 50 stock exchange index.BMW was established to be a business entity following a restructuring of the Rapp Motorenwerke aircraft production firm in 1917. After the end regarding World War I inside 1918, BMW was forced for you to cease aircraft-engine production through the terms of the Versailles Armistice Treaty. The company consequently altered to motorcycle production because the restrictions of the treaty started to be lifted in 1923, followed by automobiles in 1928-29.The first car which often BMW successfully produced and also the car which launched BMW in relation to automobile production was the particular Dixi, based on the Austin tx 7 and licensed from the Austin Motor Company with 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 motor of 1918, known for good gas economy and high-altitude functionality. With German rearmament inside 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 World War II engine styles were the BMW 132 as well as BMW 801 air-cooled radial machines, 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 first tested as a prime power plant from the first prototype of your Messerschmitt Me 262, the Me 262 V1, but in 1942 testing the BMW prototype applications failed on takeoff having only the standby Junkers Jumo 210 nose-mounted piston engine powering it to a safe landing. [11][12] The few Us 262 A-1b test examples built used the more developed version of the 003 jet, recording an official leading speed of 800 km/h (497 mph). The first-ever four-engine fly aircraft ever flown were being the sixth and eighth prototypes in the Arado Ar 234 jet reconnaissance-bomber, which used BMW 003 jets for power. Through 1944 the 003's stability improved, making it a appropriate power plant for fresh air frame designs competing for that Jägernotprogramm's light fighter manufacturing contract. which was won by the Heinkel He 162 Spatz pattern. The BMW 003 aviation turbojet was also into consideration as the basic beginning point for a pioneering turboshaft powerplant intended for German armored fighting vehicles in 1944-45, as the GT information and facts. Towards the end of the Third Reich, BMW developed some military aircraft projects to the Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber and the BMW Strahljäger, but none of these people were built.

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BMW 3-Series (F30)In 1992, BMW acquired a large stake in California-based manufacturing design studio DesignworksUSA, which they fully received in 1995. In 1994, BMW bought the English Rover Group[19] (which during the time consisted of the Rover, Land Rover and MG brands and also the rights to defunct manufacturers including Austin and Morris), and owned it pertaining to six years. By 2000, Rover was incurring large losses and BMW made a decision to sell the combine. The MG and Rover brands were sold towards the Phoenix Consortium to style MG Rover, while Land Rover was taken over by Ford. BMW, meanwhile, retained the rights to construct the new Mini, which was launched inside 2001.

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Primary designer Chris Bangle released his departure from BMW throughout February 2009, after serving on the look team for nearly over seventeen years. He was replaced by means of Adrian van Hooydonk, Bangle's former right-hand man. Bangle was known for his radical designs such as 2002 7-Series and the particular 2002 Z4. In July 2007, the production rights for Husqvarna Motorcycles was purchased by BMW for the reported 93 million euros. BMW Motorrad plans to remain operating Husqvarna Motorcycles like a separate enterprise. All development, sales and production activities, as well as the existing workforce, have remained in position at its present position at Varese.In June 2012, BMW was listed for the reason that #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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