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Bayerische Motoren Werke AG In german for Bavarian Motor Works, 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 is the parent company associated with Rolls-Royce Motor Cars. BMW produces motorcycles under BMW Motorrad, and plug-in electric cars beneath the BMW i sub-brand as well as the "iPerformance" model designation within the regular BMW lineup. It is one from the best-selling luxury automakers on the planet. The company is a component of the Euro Stoxx 50 currency markets index.BMW was established being a business entity following a restructuring with the Rapp Motorenwerke aircraft making firm in 1917. After the end regarding World War I inside 1918, BMW was forced to help cease aircraft-engine production because of the terms of the Versailles Armistice Treaty. The company consequently shifted to motorcycle production as the restrictions of the treaty began to be lifted in 1923, followed by automobiles in 1928-29.The first car which often BMW successfully produced and also the car which launched BMW on the road to automobile production was this Dixi, based on the Austin 7 and licensed from the Austin Motor Company throughout Birmingham, England.

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BMW's very first significant aircraft engine, and commercial product of any sort, was the BMW IIIa inline-six liquid-cooled motor of 1918, known for good gas economy and high-altitude performance. With German rearmament inside the 1930s, the company again begun producing aircraft engines for your Luftwaffe. The factory in Munich made ample use of forced labour: foreign civilians, prisoners of war and inmates with the concentration camp Dachau. Among its successful Globe War II engine designs were the BMW 132 in addition to BMW 801 air-cooled radial motors, and the pioneering BMW 003 axial-flow turbojet, which powered the very 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 from the first prototype of this Messerschmitt Me 262, the Me 262 V1, but in 1942 assessments the BMW prototype machines failed on takeoff with only the standby Junkers Jumo 210 nose-mounted piston engine powering it with a safe landing. [11][12] The few Us 262 A-1b test examples built used greater developed version of the actual 003 jet, recording an official top speed of 800 km/h (497 mph). The first-ever four-engine plane aircraft ever flown had 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 consistency improved, making it a suitable power plant for fresh air frame designs competing for that Jägernotprogramm's light fighter creation contract. which was won from the Heinkel He 162 Spatz design and style. The BMW 003 aviation turbojet was also into consideration as the basic kick off point for a pioneering turboshaft powerplant for German armored fighting vehicles in 1944-45, as the GT info. Towards the end with the Third Reich, BMW developed some military aircraft projects for that Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber and the BMW Strahljäger, but none of them were built.

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BMW 3-Series (F30)In 1992, BMW acquired a huge stake in California-based business design studio DesignworksUSA, which they fully bought in 1995. In 1994, BMW bought the Uk Rover Group[19] (which right at that moment consisted of the Rover, Land Rover and MG brands and also the rights to defunct models including Austin and Morris), and owned it pertaining to six years. By 2000, Rover was incurring big losses and BMW chose to sell the combine. The MG and Rover brands were sold for the Phoenix Consortium to kind MG Rover, while Land Rover was absorbed by Ford. BMW, meanwhile, retained the rights to develop the new Mini, which was launched in 2001.

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Key designer Chris Bangle announced his departure from BMW inside February 2009, after serving on the look team for nearly 17 years. He was replaced by means of Adrian van Hooydonk, Bangle's former right-hand gentleman. Bangle was known with regard to his radical designs like the 2002 7-Series and this 2002 Z4. In July 2007, the production rights with regard to Husqvarna Motorcycles was purchased by BMW to get a reported 93 million pounds. BMW Motorrad plans to stay operating Husqvarna Motorcycles as a separate enterprise. All development, sales and production pursuits, as well as the actual workforce, have remained in position at its present area at Varese.In June 2012, BMW was listed for the reason that #1 most reputable company on the globe 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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