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Bayerische Motoren Werke AG German born 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 is the parent company connected with Rolls-Royce Motor Cars. BMW produces motorcycles under BMW Motorrad, and plug-in electric cars beneath BMW i sub-brand and the "iPerformance" model designation from the regular BMW lineup. It is one from the best-selling luxury automakers on the planet. The company is a factor of the Euro Stoxx 50 stock trading game index.BMW was established being a business entity following a restructuring in the Rapp Motorenwerke aircraft producing firm in 1917. After the end associated with World War I in 1918, BMW was forced to cease aircraft-engine production with the terms of the Versailles Armistice Treaty. The company consequently moved to motorcycle production since the restrictions of the treaty started to be lifted in 1923, followed by automobiles in 1928-29.The first car which in turn 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 from the Austin Motor Company with Birmingham, England.

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BMW's primary significant aircraft engine, and commercial product involving any sort, was the BMW IIIa inline-six liquid-cooled powerplant of 1918, known for good energy economy and high-altitude performance. With German rearmament inside the 1930s, the company again began producing aircraft engines for your Luftwaffe. The factory in Munich made ample utilization of forced labour: foreign civilians, prisoners of war and inmates on the concentration camp Dachau. Among its successful World War II engine patterns were the BMW 132 and also BMW 801 air-cooled radial engines, 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 in the first prototype of your Messerschmitt Me 262, the Me 262 V1, but in 1942 testing the BMW prototype motors failed on takeoff having only the standby Junkers Jumo 210 nose-mounted piston engine powering it to some safe landing. [11][12] The few Everyone 262 A-1b test examples built used a lot more developed version of your 003 jet, recording an official prime speed of 800 km/h (497 mph). The first-ever four-engine plane aircraft ever flown have been the sixth and eighth prototypes on the Arado Ar 234 aircraft reconnaissance-bomber, which used BMW 003 jets for power. Through 1944 the 003's trustworthiness improved, making it a suitable power plant for atmosphere frame designs competing to the Jägernotprogramm's light fighter output contract. which was won by the Heinkel He 162 Spatz style. The BMW 003 aviation turbojet was also under consideration as the basic beginning for a pioneering turboshaft powerplant with regard to German armored fighting autos in 1944-45, as the GT information. Towards the end on the Third Reich, BMW developed some military aircraft projects for 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 big stake in California-based commercial design studio DesignworksUSA, which they fully acquired in 1995. In 1994, BMW bought the Uk Rover Group[19] (which back then consisted of the Rover, Land Rover and MG brands as well as the rights to defunct brands including Austin and Morris), and owned it for six years. By 2000, Rover was incurring large losses and BMW thought i would sell the combine. The MG and Rover brands were sold towards Phoenix Consortium to type MG Rover, while Land Rover was bought out by Ford. BMW, meanwhile, retained the rights to construct the new Mini, which was launched in 2001.

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Main designer Chris Bangle declared his departure from BMW in February 2009, after serving on the look team for nearly seventeen years. He was replaced through Adrian van Hooydonk, Bangle's former right-hand male. Bangle was known pertaining to his radical designs such as 2002 7-Series and the 2002 Z4. In July 2007, the production rights with regard to Husqvarna Motorcycles was purchased by BMW to get a reported 93 million euros. BMW Motorrad plans to stay operating Husqvarna Motorcycles being a separate enterprise. All development, sales and production activities, as well as the latest workforce, have remained in location at its present area at Varese.In June 2012, BMW was listed as the #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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