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Bayerische Motoren Werke AG The german language for Bavarian Motor Operates, usually known under its abbreviation BMW, is a German high end vehicles, motorcycle, and engine manufacturing business founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars and is particularly the parent company connected with Rolls-Royce Motor Cars. BMW produces motorcycles within BMW Motorrad, and plug-in electric cars under the BMW i sub-brand and the "iPerformance" model designation within the regular BMW lineup. It is one on the best-selling luxury automakers on this planet. The company is an element of the Euro Stoxx 50 wall street game index.BMW was established being a business entity following a restructuring of the Rapp Motorenwerke aircraft creation firm in 1917. After the end regarding World War I within 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 turned lifted in 1923, followed by automobiles within 1928-29.The first car which in turn BMW successfully produced and also the car which launched BMW with respect to automobile production was your Dixi, based on the Austin 7 and licensed through the Austin Motor Company within Birmingham, England.

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BMW's first significant aircraft engine, and commercial product of any sort, was the BMW IIIa inline-six liquid-cooled motor of 1918, known for good gasoline economy and high-altitude overall performance. With German rearmament from the 1930s, the company again begun producing aircraft engines to 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 Planet War II engine designs were the BMW 132 in addition to BMW 801 air-cooled radial applications, 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 within the first prototype of your Messerschmitt Me 262, the Me 262 V1, but in 1942 tests the BMW prototype search engines failed on takeoff together with only the standby Junkers Jumo 210 nose-mounted piston engine powering it into a safe landing. [11][12] The few Me personally 262 A-1b test examples built used the greater developed version of the actual 003 jet, recording an official best speed of 800 km/h (497 mph). The first-ever four-engine airliner aircraft ever flown were the sixth and eighth prototypes of the Arado Ar 234 fly reconnaissance-bomber, which used BMW 003 aircraft for power. Through 1944 the 003's dependability improved, making it a suitable power plant for fresh air frame designs competing to the Jägernotprogramm's light fighter creation contract. which was won from the Heinkel He 162 Spatz layout. The BMW 003 aviation turbojet was also into account 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 of the Third Reich, BMW developed some military aircraft projects for the Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber along with 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 business design studio DesignworksUSA, which they fully bought in 1995. In 1994, BMW bought the English Rover Group[19] (which at the time consisted of the Rover, Land Rover and MG brands plus the rights to defunct brands 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 towards Phoenix Consortium to style MG Rover, while Land Rover was bought out by Ford. BMW, meanwhile, retained the rights to create the new Mini, which was launched with 2001.

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Key designer Chris Bangle declared his departure from BMW throughout February 2009, after serving on the design team for nearly over seventeen years. He was replaced by simply Adrian van Hooydonk, Bangle's former right-hand person. Bangle was known for his radical designs for example the 2002 7-Series and the particular 2002 Z4. In July 2007, the production rights for Husqvarna Motorcycles was purchased by BMW for any reported 93 million pounds. BMW Motorrad plans to carry on operating Husqvarna Motorcycles as being a separate enterprise. All development, sales and production routines, as well as the existing workforce, have remained in area at its present spot at Varese.In June 2012, BMW was listed for the reason that #1 most reputable company in the world 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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