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Bayerische Motoren Werke AG A language like german for Bavarian Motor Performs, usually known under it is abbreviation BMW, is a German luxury 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 beneath BMW Motorrad, and plug-in electric cars beneath BMW i sub-brand plus the "iPerformance" model designation inside regular BMW lineup. It is one with the best-selling luxury automakers on the planet. The company is a component of the Euro Stoxx 50 stock exchange index.BMW was established as a business entity following a restructuring with the Rapp Motorenwerke aircraft production firm in 1917. After the end regarding World War I throughout 1918, BMW was forced to be able to 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 with 1928-29.The first car which often BMW successfully produced plus the car which launched BMW on the road to automobile production was the actual Dixi, based on the Austin tx 7 and licensed in the Austin Motor Company within Birmingham, England.

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BMW's first significant aircraft engine, and commercial product associated with any sort, was the BMW IIIa inline-six liquid-cooled engine of 1918, known for good gas economy and high-altitude effectiveness. With German rearmament within the 1930s, the company again started producing aircraft engines to the Luftwaffe. The factory in Munich made ample utilization of forced labour: foreign civilians, prisoners of war and inmates from the concentration camp Dachau. Among its successful Planet War II engine styles 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 little, 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 the actual Messerschmitt Me 262, the Me 262 V1, but in 1942 testing the BMW prototype search engines failed on takeoff having only the standby Junkers Jumo 210 nose-mounted piston engine powering it to some safe landing. [11][12] The few Me 262 A-1b test examples built used the harder 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 have been the sixth and eighth prototypes of the Arado Ar 234 aircraft reconnaissance-bomber, which used BMW 003 aircraft for power. Through 1944 the 003's dependability improved, making it a suited power plant for fresh air frame designs competing for the Jägernotprogramm's light fighter manufacturing contract. which was won with the Heinkel He 162 Spatz pattern. 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 to the Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber and also the BMW Strahljäger, but none of all of them were built.

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BMW 3-Series (F30)In 1992, BMW acquired a substantial stake in California-based commercial design studio DesignworksUSA, which they fully purchased in 1995. In 1994, BMW bought the British Rover Group[19] (which back then consisted of the Rover, Land Rover and MG brands in addition to the rights to defunct brands including Austin and Morris), and owned it pertaining to six years. By 2000, Rover was incurring big losses and BMW thought we would sell the combine. The MG and Rover brands were sold for the Phoenix Consortium to kind MG Rover, while Land Rover was bought out by Ford. BMW, meanwhile, retained the rights to create the new Mini, which was launched in 2001.

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Primary designer Chris Bangle declared his departure from BMW within February 2009, after serving on the structure team for nearly over seventeen 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 the actual 2002 Z4. In July 2007, the production rights intended for Husqvarna Motorcycles was purchased by BMW for just a reported 93 million euros. BMW Motorrad plans to stay operating Husqvarna Motorcycles as being a separate enterprise. All development, sales and production pursuits, as well as the existing workforce, have remained in place at its present area at Varese.In June 2012, BMW was listed because #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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