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Bayerische Motoren Werke AG In german for Bavarian Motor Works, usually known under the abbreviation BMW, is a German high end vehicles, motorcycle, and engine manufacturing organization founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars and it is the parent company regarding Rolls-Royce Motor Cars. BMW produces motorcycles under BMW Motorrad, and plug-in electric cars underneath the BMW i sub-brand and also the "iPerformance" model designation from the regular BMW lineup. It is one in the best-selling luxury automakers on this planet. The company is a component of the Euro Stoxx 50 stock exchange index.BMW was established as a business entity following a restructuring on the Rapp Motorenwerke aircraft producing firm in 1917. After the end regarding World War I throughout 1918, BMW was forced for you to cease aircraft-engine production with the terms of the Versailles Armistice Treaty. The company consequently shifted to motorcycle production because the restrictions of the treaty grew to become lifted in 1923, followed by automobiles in 1928-29.The first car which in turn 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 through the Austin Motor Company in Birmingham, England.

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BMW's initial significant aircraft engine, and commercial product of any sort, was the BMW IIIa inline-six liquid-cooled serp of 1918, known for good gas economy and high-altitude performance. With German rearmament inside 1930s, the company again began producing aircraft engines for your Luftwaffe. The factory in Munich made ample usage of forced labour: foreign civilians, prisoners of war and inmates on the concentration camp Dachau. Among its successful Earth War II engine styles were the BMW 132 as well as BMW 801 air-cooled radial motors, and the pioneering BMW 003 axial-flow turbojet, which powered the small, 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 inside first prototype of the particular Messerschmitt Me 262, the Me 262 V1, but in 1942 assessments the BMW prototype motors failed on takeoff having only the standby Junkers Jumo 210 nose-mounted piston engine powering it with a safe landing. [11][12] The few Me 262 A-1b test examples built used a lot more developed version of the 003 jet, recording an official major speed of 800 km/h (497 mph). The first-ever four-engine aircraft aircraft ever flown ended up the sixth and eighth prototypes with the Arado Ar 234 fly reconnaissance-bomber, which used BMW 003 aircraft for power. Through 1944 the 003's consistency improved, making it a ideal power plant for oxygen frame designs competing for that Jägernotprogramm's light fighter production contract. which was won because of the Heinkel He 162 Spatz design and style. The BMW 003 aviation turbojet was also into account as the basic starting place for a pioneering turboshaft powerplant intended for German armored fighting cars in 1944-45, as the GT information and facts. Towards the end of the Third Reich, BMW developed some military aircraft projects for that 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 significant stake in California-based business design studio DesignworksUSA, which they fully bought 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 along with the rights to defunct manufacturers including Austin and Morris), and owned it regarding six years. By 2000, Rover was incurring enormous losses and BMW thought i would sell the combine. The MG and Rover brands were sold on the Phoenix Consortium to type MG Rover, while Land Rover was taken over by Ford. BMW, meanwhile, retained the rights to create the new Mini, which was launched inside 2001.

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Key designer Chris Bangle declared his departure from BMW with February 2009, after serving on the look team for nearly 18 years. He was replaced by simply Adrian van Hooydonk, Bangle's former right-hand person. Bangle was known with regard to his radical designs including the 2002 7-Series and the actual 2002 Z4. In July 2007, the production rights with regard to Husqvarna Motorcycles was purchased by BMW for just a 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 existing workforce, have remained in spot at its present location at Varese.In June 2012, BMW was listed since 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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