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

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BMW's initial significant aircraft engine, and commercial product connected with any sort, was the BMW IIIa inline-six liquid-cooled motor of 1918, known for good gas economy and high-altitude efficiency. With German rearmament inside the 1930s, the company again started producing aircraft engines with the Luftwaffe. The factory in Munich made ample usage of forced labour: foreign civilians, prisoners of war and inmates in the concentration camp Dachau. Among its successful Entire world War II engine models 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 small, 1944-1945-era jet-powered "emergency fighter", the Heinkel He 162 Spatz. The BMW 003 jet engine was tested as a prime power plant in the first prototype of your Messerschmitt Me 262, the Me 262 V1, but in 1942 testing the BMW prototype applications failed on takeoff together with only the standby Junkers Jumo 210 nose-mounted piston engine powering it to some safe landing. [11][12] The few Me personally 262 A-1b test examples built used the greater developed version of the 003 jet, recording an official best speed of 800 km/h (497 mph). The first-ever four-engine fly aircraft ever flown were the sixth and eighth prototypes in the Arado Ar 234 aircraft reconnaissance-bomber, which used BMW 003 jets for power. Through 1944 the 003's stability improved, making it a acceptable power plant for oxygen frame designs competing for that Jägernotprogramm's light fighter production contract. which was won through the Heinkel He 162 Spatz pattern. The BMW 003 aviation turbojet was also into consideration as the basic beginning point for a pioneering turboshaft powerplant pertaining to German armored fighting cars in 1944-45, as the GT information. Towards the end with the Third Reich, BMW developed some military aircraft projects with the Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber as well as the BMW Strahljäger, but none of them were built.

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BMW 3-Series (F30)In 1992, BMW acquired a significant stake in California-based commercial design studio DesignworksUSA, which they fully received 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 in addition to the rights to defunct models including Austin and Morris), and owned it with regard to six years. By 2000, Rover was incurring huge losses and BMW thought we would sell the combine. The MG and Rover brands were sold towards Phoenix Consortium to type MG Rover, while Land Rover was bought out by Ford. BMW, meanwhile, retained the rights to create the new Mini, which was launched throughout 2001.

Diecast Model BMW 1 Series in Red 1:43 scale Diecast Model Cars

Fundamental designer Chris Bangle reported his departure from BMW in February 2009, after serving on the planning team for nearly 17 years. He was replaced simply by Adrian van Hooydonk, Bangle's former right-hand man. Bangle was known for his radical designs such as 2002 7-Series and the actual 2002 Z4. In July 2007, the production rights for Husqvarna Motorcycles was purchased by BMW to get a reported 93 million euros. BMW Motorrad plans to carry on operating Husqvarna Motorcycles as a separate enterprise. All development, sales and production activities, as well as the existing workforce, have remained in place at its present spot 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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