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Bayerische Motoren Werke AG A language like german for Bavarian Motor Functions, usually known under it is abbreviation BMW, is a German luxurious vehicles, motorcycle, and engine manufacturing corporation founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars which is the parent company associated with Rolls-Royce Motor Cars. BMW produces motorcycles within BMW Motorrad, and plug-in electric cars under the BMW i sub-brand plus 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 wall street game index.BMW was established being a business entity following a restructuring with the Rapp Motorenwerke aircraft making firm in 1917. After the end associated with World War I in 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 for the reason that restrictions of the treaty started to be lifted in 1923, followed by automobiles within 1928-29.The first car which often BMW successfully produced plus the car which launched BMW in relation to automobile production was your Dixi, based on the Austin texas 7 and licensed from your Austin Motor Company within Birmingham, England.

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BMW's very first significant aircraft engine, and commercial product involving any sort, was the BMW IIIa inline-six liquid-cooled motor of 1918, known for good fuel economy and high-altitude functionality. With German rearmament inside 1930s, the company again began producing aircraft engines with the Luftwaffe. The factory in Munich made ample utilization of forced labour: foreign civilians, prisoners of war and inmates with the concentration camp Dachau. Among its successful World 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 little, 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 in the first prototype of the Messerschmitt Me 262, the Me 262 V1, but in 1942 assessments 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 Me 262 A-1b test examples built used the harder developed version of this 003 jet, recording an official leading speed of 800 km/h (497 mph). The first-ever four-engine aircraft aircraft ever flown have been the sixth and eighth prototypes from the Arado Ar 234 aircraft reconnaissance-bomber, which used BMW 003 jets for power. Through 1944 the 003's dependability improved, making it a suitable power plant for fresh air frame designs competing for that Jägernotprogramm's light fighter output contract. which was won through the Heinkel He 162 Spatz layout. The BMW 003 aviation turbojet was also into consideration as the basic starting point for a pioneering turboshaft powerplant with regard to German armored fighting automobiles in 1944-45, as the GT tips. Towards the end from the Third Reich, BMW developed some military aircraft projects for the Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber plus the BMW Strahljäger, but none of these individuals were built.

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BMW 3-Series (F30)In 1992, BMW acquired a large stake in California-based industrial design studio DesignworksUSA, which they fully acquired in 1995. In 1994, BMW bought the English Rover Group[19] (which at that time consisted of the Rover, Land Rover and MG brands as well as 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 variety MG Rover, while Land Rover was taken over by Ford. BMW, meanwhile, retained the rights to create the new Mini, which was launched in 2001.

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Chief designer Chris Bangle declared his departure from BMW within February 2009, after serving on the style team for nearly 17 years. He was replaced by simply Adrian van Hooydonk, Bangle's former right-hand man. Bangle was known regarding his radical designs such as the 2002 7-Series and the actual 2002 Z4. In July 2007, the production rights pertaining to Husqvarna Motorcycles was purchased by BMW for the reported 93 million pounds. BMW Motorrad plans to carry on operating Husqvarna Motorcycles as being a separate enterprise. All development, sales and production activities, as well as the existing workforce, have remained in area at its present position at Varese.In June 2012, BMW was listed for the reason that #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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