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Bayerische Motoren Werke AG In german for Bavarian Motor Functions, usually known under its 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 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 the "iPerformance" model designation in the regular BMW lineup. It is one of the best-selling luxury automakers in the world. The company is an element of the Euro Stoxx 50 wall street game index.BMW was established to be a business entity following a restructuring in the Rapp Motorenwerke aircraft manufacturing firm in 1917. After the end associated with World War I throughout 1918, BMW was forced in order to cease aircraft-engine production from the terms of the Versailles Armistice Treaty. The company consequently moved to motorcycle production as the restrictions of the treaty turned lifted in 1923, followed by automobiles inside 1928-29.The first car which usually BMW successfully produced as well as the car which launched BMW in relation to automobile production was your Dixi, based on the Austin 7 and licensed from the Austin Motor Company in Birmingham, England.

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BMW's very first significant aircraft engine, and commercial product connected with any sort, was the BMW IIIa inline-six liquid-cooled powerplant of 1918, known for good fuel economy and high-altitude efficiency. With German rearmament from the 1930s, the company again began producing aircraft engines for that Luftwaffe. The factory in Munich made ample utilization of forced labour: foreign civilians, prisoners of war and inmates on the concentration camp Dachau. Among its successful Earth War II engine designs were the BMW 132 as well as 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 first tested as a prime power plant within the first prototype of the particular Messerschmitt Me 262, the Me 262 V1, but in 1942 testing the BMW prototype search engines failed on takeoff along with only the standby Junkers Jumo 210 nose-mounted piston engine powering it to a safe landing. [11][12] The few Me 262 A-1b test examples built used the harder developed version of the particular 003 jet, recording an official best speed of 800 km/h (497 mph). The first-ever four-engine aircraft aircraft ever flown ended up the sixth and eighth prototypes on the Arado Ar 234 plane reconnaissance-bomber, which used BMW 003 aircraft for power. Through 1944 the 003's trustworthiness improved, making it a acceptable power plant for air flow frame designs competing for the Jägernotprogramm's light fighter manufacturing contract. which was won from the Heinkel He 162 Spatz style. The BMW 003 aviation turbojet was also involved as the basic beginning point for a pioneering turboshaft powerplant regarding German armored fighting cars in 1944-45, as the GT info. Towards the end from the Third Reich, BMW developed some military aircraft projects to the Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber and also the BMW Strahljäger, but none of these 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 received in 1995. In 1994, BMW bought the United kingdom Rover Group[19] (which right at that moment consisted of the Rover, Land Rover and MG brands plus the rights to defunct brands including Austin and Morris), and owned it with regard to six years. By 2000, Rover was incurring massive losses and BMW chose to sell the combine. The MG and Rover brands were sold on the Phoenix Consortium to type MG Rover, while Land Rover was absorbed by Ford. BMW, meanwhile, retained the rights to make the new Mini, which was launched within 2001.

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Primary designer Chris Bangle reported his departure from BMW with February 2009, after serving on the planning team for nearly over seventeen years. He was replaced by Adrian van Hooydonk, Bangle's former right-hand gentleman. Bangle was known regarding his radical designs such as the 2002 7-Series and your 2002 Z4. In July 2007, the production rights for Husqvarna Motorcycles was purchased by BMW for any reported 93 million euros. BMW Motorrad plans to keep operating Husqvarna Motorcycles to be a separate enterprise. All development, sales and production things to do, as well as the latest workforce, have remained in place at its present location 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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