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Bayerische Motoren Werke AG German for Bavarian Motor Operates, usually known under its abbreviation BMW, is a German luxurious vehicles, motorcycle, and engine manufacturing organization 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 below BMW Motorrad, and plug-in electric cars beneath BMW i sub-brand and the "iPerformance" model designation inside regular BMW lineup. It is one with the best-selling luxury automakers on the planet. The company is an element of the Euro Stoxx 50 currency markets index.BMW was established as a business entity following a restructuring with the Rapp Motorenwerke aircraft manufacturing firm in 1917. After the end of World War I throughout 1918, BMW was forced in order to cease aircraft-engine production because of the terms of the Versailles Armistice Treaty. The company consequently moved to motorcycle production as the restrictions of the treaty began to be lifted in 1923, followed by automobiles throughout 1928-29.The first car that BMW successfully produced as well as the car which launched BMW in relation to automobile production was your Dixi, based on the Austin tx 7 and licensed from your Austin Motor Company within 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 efficiency. With German rearmament from the 1930s, the company again started producing aircraft engines for that Luftwaffe. The factory in Munich made ample by using forced labour: foreign civilians, prisoners of war and inmates from the concentration camp Dachau. Among its successful Planet War II engine patterns were the BMW 132 in addition to BMW 801 air-cooled radial engines, 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 within the first prototype of the Messerschmitt Me 262, the Me 262 V1, but in 1942 checks the BMW prototype machines failed on takeoff together with only the standby Junkers Jumo 210 nose-mounted piston engine powering it to your safe landing. [11][12] The few Everyone 262 A-1b test examples built used the more developed version of your 003 jet, recording an official major speed of 800 km/h (497 mph). The first-ever four-engine airliner aircraft ever flown were being the sixth and eighth prototypes with the Arado Ar 234 airliner reconnaissance-bomber, which used BMW 003 jets for power. Through 1944 the 003's trustworthiness improved, making it a suited power plant for atmosphere frame designs competing to the Jägernotprogramm's light fighter generation contract. which was won by the Heinkel He 162 Spatz pattern. The BMW 003 aviation turbojet was also involved as the basic starting point for a pioneering turboshaft powerplant intended for German armored fighting autos in 1944-45, as the GT info. Towards the end on the Third Reich, BMW developed some military aircraft projects for your Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber and also the BMW Strahljäger, but none of all of them were built.

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BMW 3-Series (F30)In 1992, BMW acquired a substantial stake in California-based business design studio DesignworksUSA, which they fully received in 1995. In 1994, BMW bought the United kingdom Rover Group[19] (which at that time consisted of the Rover, Land Rover and MG brands along with the rights to defunct brands including Austin and Morris), and owned it pertaining to 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 to the Phoenix Consortium to type MG Rover, while Land Rover was absorbed by Ford. BMW, meanwhile, retained the rights to create the new Mini, which was launched in 2001.

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Key designer Chris Bangle introduced his departure from BMW within February 2009, after serving on the style team for nearly seventeen years. He was replaced by means of Adrian van Hooydonk, Bangle's former right-hand guy. Bangle was known for his radical designs such as the 2002 7-Series and the actual 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 stay operating Husqvarna Motorcycles as a separate enterprise. All development, sales and production activities, as well as the current workforce, have remained in spot at its present location at Varese.In June 2012, BMW was listed because the #1 most reputable company on the 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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