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Bayerische Motoren Werke AG German born for Bavarian Motor Works, usually known under their abbreviation BMW, is a German luxury vehicles, motorcycle, and engine manufacturing business founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars which is the parent company of Rolls-Royce Motor Cars. BMW produces motorcycles underneath BMW Motorrad, and plug-in electric cars under the BMW i sub-brand as well as the "iPerformance" model designation inside 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 exchange index.BMW was established being a business entity following a restructuring of the Rapp Motorenwerke aircraft production firm in 1917. After the end regarding World War I with 1918, BMW was forced for you to cease aircraft-engine production with the terms of the Versailles Armistice Treaty. The company consequently altered to motorcycle production for the reason that restrictions of the treaty started to be lifted in 1923, followed by automobiles in 1928-29.The first car which usually BMW successfully produced along with the car which launched BMW on the path to automobile production was your Dixi, based on the Austin tx 7 and licensed from your Austin Motor Company with Birmingham, England.

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BMW's 1st significant aircraft engine, and commercial product associated with any sort, was the BMW IIIa inline-six liquid-cooled powerplant of 1918, known for good energy economy and high-altitude functionality. With German rearmament within the 1930s, the company again started out producing aircraft engines for your Luftwaffe. The factory in Munich made ample using forced labour: foreign civilians, prisoners of war and inmates of the concentration camp Dachau. Among its successful Planet War II engine styles were the BMW 132 and BMW 801 air-cooled radial search engines, 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 tested as a prime power plant within the first prototype of this Messerschmitt Me 262, the Me 262 V1, but in 1942 testing the BMW prototype machines 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 personally 262 A-1b test examples built used the harder developed version of the actual 003 jet, recording an official major speed of 800 km/h (497 mph). The first-ever four-engine jet aircraft ever flown ended up the sixth and eighth prototypes on the Arado Ar 234 plane reconnaissance-bomber, which used BMW 003 aircraft for power. Through 1944 the 003's reliability improved, making it a ideal power plant for fresh air frame designs competing for the Jägernotprogramm's light fighter generation contract. which was won because of the Heinkel He 162 Spatz design and 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 autos in 1944-45, as the GT tips. Towards the end with the Third Reich, BMW developed some military aircraft projects to the 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 huge stake in California-based industrial design studio DesignworksUSA, which they fully purchased in 1995. In 1994, BMW bought the English Rover Group[19] (which at the time consisted of the Rover, Land Rover and MG brands and also the rights to defunct brand names including Austin and Morris), and owned it for six years. By 2000, Rover was incurring large losses and BMW chose to sell the combine. The MG and Rover brands were sold for the Phoenix Consortium to variety MG Rover, while Land Rover was absorbed by Ford. BMW, meanwhile, retained the rights to create the new Mini, which was launched within 2001.

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Main designer Chris Bangle declared his departure from BMW throughout February 2009, after serving on the look team for nearly 19 years. He was replaced through Adrian van Hooydonk, Bangle's former right-hand person. Bangle was known for his radical designs including the 2002 7-Series and the particular 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 keep operating Husqvarna Motorcycles as being a separate enterprise. All development, sales and production activities, as well as the present workforce, have remained in location at its present location at Varese.In June 2012, BMW was listed since the #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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