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Bayerische Motoren Werke AG In german for Bavarian Motor Performs, usually known under their abbreviation BMW, is a German high end vehicles, motorcycle, and engine manufacturing company founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars and is also the parent company associated with Rolls-Royce Motor Cars. BMW produces motorcycles underneath BMW Motorrad, and plug-in electric cars beneath BMW i sub-brand plus the "iPerformance" model designation inside regular BMW lineup. It is one in the best-selling luxury automakers in the world. The company is a component of the Euro Stoxx 50 stock exchange index.BMW was established as being a business entity following a restructuring from the Rapp Motorenwerke aircraft creation firm in 1917. After the end connected with World War I inside 1918, BMW was forced to be able to cease aircraft-engine production with the terms of the Versailles Armistice Treaty. The company consequently moved to motorcycle production for the reason that restrictions of the treaty has become lifted in 1923, followed by automobiles throughout 1928-29.The first car that BMW successfully produced plus the car which launched BMW with respect to automobile production was this Dixi, based on the Austin 7 and licensed in the Austin Motor Company in Birmingham, England.

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BMW's very first significant aircraft engine, and commercial product associated with any sort, was the BMW IIIa inline-six liquid-cooled powerplant of 1918, known for good energy resource economy and high-altitude efficiency. With German rearmament inside the 1930s, the company again commenced producing aircraft engines to the Luftwaffe. The factory in Munich made ample using forced labour: foreign civilians, prisoners of war and inmates with the concentration camp Dachau. Among its successful Entire world War II engine patterns were the BMW 132 and 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 initially tested as a prime power plant in the first prototype of the actual 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 into a safe landing. [11][12] The few Us 262 A-1b test examples built used the greater developed version of your 003 jet, recording an official leading speed of 800 km/h (497 mph). The first-ever four-engine fly aircraft ever flown have been the sixth and eighth prototypes in the Arado Ar 234 fly reconnaissance-bomber, which used BMW 003 jets for power. Through 1944 the 003's reliability improved, making it a ideal power plant for air frame designs competing for that Jägernotprogramm's light fighter production contract. which was won because of the Heinkel He 162 Spatz layout. The BMW 003 aviation turbojet was also into account as the basic beginning point for a pioneering turboshaft powerplant for German armored fighting cars in 1944-45, as the GT info. Towards the end from the Third Reich, BMW developed some military aircraft projects for your Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber plus the BMW Strahljäger, but none of these people were built.

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BMW 3-Series (F30)In 1992, BMW acquired a big stake in California-based industrial design studio DesignworksUSA, which they fully acquired in 1995. In 1994, BMW bought the English Rover Group[19] (which right at that moment consisted of the Rover, Land Rover and MG brands plus the rights to defunct manufacturers including Austin and Morris), and owned it regarding six years. By 2000, Rover was incurring massive losses and BMW decided to sell the combine. The MG and Rover brands were sold for the Phoenix Consortium to style MG Rover, while Land Rover was taken over by Ford. BMW, meanwhile, retained the rights to make the new Mini, which was launched inside 2001.

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Main designer Chris Bangle released his departure from BMW within February 2009, after serving on the planning team for nearly over seventeen years. He was replaced by simply Adrian van Hooydonk, Bangle's former right-hand man. Bangle was known for his radical designs including the 2002 7-Series and your 2002 Z4. In July 2007, the production rights pertaining to Husqvarna Motorcycles was purchased by BMW for any reported 93 million euros. BMW Motorrad plans to continue operating Husqvarna Motorcycles as a separate enterprise. All development, sales and production activities, as well as the latest workforce, have remained in area at its present area at Varese.In June 2012, BMW was listed because the #1 most reputable company on earth 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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