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Bayerische Motoren Werke AG German for Bavarian Motor Is effective, usually known under its abbreviation BMW, is a German high end vehicles, motorcycle, and engine manufacturing business 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 underneath BMW Motorrad, and plug-in electric cars under the BMW i sub-brand and the "iPerformance" model designation in the regular BMW lineup. It is one with the best-selling luxury automakers on earth. The company is a factor of the Euro Stoxx 50 stock market index.BMW was established as a business entity following a restructuring with the Rapp Motorenwerke aircraft creation firm in 1917. After the end associated with World War I inside 1918, BMW was forced to be able to cease aircraft-engine production because of the terms of the Versailles Armistice Treaty. The company consequently altered to motorcycle production because restrictions of the treaty turned lifted in 1923, followed by automobiles with 1928-29.The first car which BMW successfully produced as well as the car which launched BMW with respect to automobile production was this Dixi, based on the Austin tx 7 and licensed from the Austin Motor Company throughout Birmingham, England.

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BMW's 1st significant aircraft engine, and commercial product regarding any sort, was the BMW IIIa inline-six liquid-cooled serps of 1918, known for good gasoline economy and high-altitude overall performance. With German rearmament from the 1930s, the company again started out producing aircraft engines to the Luftwaffe. The factory in Munich made ample using forced labour: foreign civilians, prisoners of war and inmates from the concentration camp Dachau. Among its successful Earth War II engine types were the BMW 132 as well as BMW 801 air-cooled radial search 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 tested as a prime power plant inside first prototype of your Messerschmitt Me 262, the Me 262 V1, but in 1942 exams the BMW prototype motors failed on takeoff using only the standby Junkers Jumo 210 nose-mounted piston engine powering it into a safe landing. [11][12] The few Me 262 A-1b test examples built used the more developed version of the actual 003 jet, recording an official top speed of 800 km/h (497 mph). The first-ever four-engine fly aircraft ever flown ended up the sixth and eighth prototypes from the Arado Ar 234 plane reconnaissance-bomber, which used BMW 003 aircraft for power. Through 1944 the 003's stability improved, making it a acceptable power plant for air frame designs competing for your Jägernotprogramm's light fighter generation contract. which was won with the Heinkel He 162 Spatz style. The BMW 003 aviation turbojet was also into consideration as the basic starting point for a pioneering turboshaft powerplant pertaining to German armored fighting motor vehicles in 1944-45, as the GT tips. Towards the end on the Third Reich, BMW developed some military aircraft projects for your Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber along with the BMW Strahljäger, but none of these people were built.

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BMW 3-Series (F30)In 1992, BMW acquired a huge stake in California-based industrial design studio DesignworksUSA, which they fully acquired in 1995. In 1994, BMW bought the United kingdom Rover Group[19] (which at the time consisted of the Rover, Land Rover and MG brands along with 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 decided to sell the combine. The MG and Rover brands were sold towards Phoenix Consortium to form MG Rover, while Land Rover was absorbed by Ford. BMW, meanwhile, retained the rights to construct the new Mini, which was launched inside 2001.

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Key designer Chris Bangle reported his departure from BMW with February 2009, after serving on the planning team for nearly 17 years. He was replaced through Adrian van Hooydonk, Bangle's former right-hand male. Bangle was known regarding his radical designs like the 2002 7-Series and the particular 2002 Z4. In July 2007, the production rights pertaining to Husqvarna Motorcycles was purchased by BMW for a reported 93 million euros. BMW Motorrad plans to carry on operating Husqvarna Motorcycles like a separate enterprise. All development, sales and production actions, as well as the latest workforce, have remained in place at its present position at Varese.In June 2012, BMW was listed for the reason that #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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