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Bayerische Motoren Werke AG A language like german for Bavarian Motor Operates, usually known under its abbreviation BMW, is a German luxurious vehicles, motorcycle, and engine manufacturing corporation founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars and it is the parent company of Rolls-Royce Motor Cars. BMW produces motorcycles within BMW Motorrad, and plug-in electric cars within the BMW i sub-brand and the "iPerformance" model designation from the regular BMW lineup. It is one of the best-selling luxury automakers in the world. The company is a factor of the Euro Stoxx 50 stock market index.BMW was established as a business entity following a restructuring from the Rapp Motorenwerke aircraft production firm in 1917. After the end regarding World War I inside 1918, BMW was forced in order to cease aircraft-engine production through the terms of the Versailles Armistice Treaty. The company consequently shifted to motorcycle production for the reason that restrictions of the treaty started to be lifted in 1923, followed by automobiles throughout 1928-29.The first car that BMW successfully produced and also the car which launched BMW in relation to automobile production was the actual Dixi, based on the Austin texas 7 and licensed through the Austin Motor Company within 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 powerplant of 1918, known for good gasoline economy and high-altitude performance. With German rearmament inside 1930s, the company again started out producing aircraft engines for the Luftwaffe. The factory in Munich made ample use of forced labour: foreign civilians, prisoners of war and inmates in the concentration camp Dachau. Among its successful Globe War II engine patterns were the BMW 132 in addition to BMW 801 air-cooled radial applications, 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 first tested as a prime power plant in the first prototype of your Messerschmitt Me 262, the Me 262 V1, but in 1942 exams the BMW prototype applications failed on takeoff using 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 more developed version of this 003 jet, recording an official prime speed of 800 km/h (497 mph). The first-ever four-engine airliner aircraft ever flown have been the sixth and eighth prototypes with the Arado Ar 234 fly reconnaissance-bomber, which used BMW 003 jets for power. Through 1944 the 003's consistency improved, making it a suited power plant for atmosphere frame designs competing to the Jägernotprogramm's light fighter output contract. which was won because of the Heinkel He 162 Spatz style. The BMW 003 aviation turbojet was also in mind as the basic starting place for a pioneering turboshaft powerplant intended for German armored fighting motor vehicles in 1944-45, as the GT information and facts. Towards the end from the Third Reich, BMW developed some military aircraft projects for your Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber plus the BMW Strahljäger, but none of these were built.

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

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Primary designer Chris Bangle reported his departure from BMW with February 2009, after serving on the design team for nearly over seventeen years. He was replaced through Adrian van Hooydonk, Bangle's former right-hand man. Bangle was known pertaining to his radical designs including the 2002 7-Series and the 2002 Z4. In July 2007, the production rights intended for Husqvarna Motorcycles was purchased by BMW to get a reported 93 million euros. 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 spot at its present position at Varese.In June 2012, BMW was listed because #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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