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Bayerische Motoren Werke AG A language like german for Bavarian Motor Functions, usually known under their abbreviation BMW, is a German high end vehicles, motorcycle, and engine manufacturing company founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars and 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 plus the "iPerformance" model designation in the regular BMW lineup. It is one in the best-selling luxury automakers on earth. The company is an element of the Euro Stoxx 50 currency markets index.BMW was established to be a business entity following a restructuring on the Rapp Motorenwerke aircraft producing firm in 1917. After the end involving World War I within 1918, BMW was forced to help cease aircraft-engine production by the terms of the Versailles Armistice Treaty. The company consequently moved to motorcycle production as the restrictions of the treaty grew to become lifted in 1923, followed by automobiles with 1928-29.The first car that BMW successfully produced and also the car which launched BMW on the path to automobile production was your Dixi, based on the Austin texas 7 and licensed through the Austin Motor Company inside Birmingham, England.

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BMW's very first significant aircraft engine, and commercial product involving any sort, was the BMW IIIa inline-six liquid-cooled engine of 1918, known for good energy economy and high-altitude performance. With German rearmament inside 1930s, the company again started out producing aircraft engines for that Luftwaffe. The factory in Munich made ample use of forced labour: foreign civilians, prisoners of war and inmates on the concentration camp Dachau. Among its successful Globe War II engine types were the BMW 132 and also BMW 801 air-cooled radial engines, and the pioneering BMW 003 axial-flow turbojet, which powered the tiny, 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 assessments the BMW prototype motors failed on takeoff together with 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 a lot more developed version of the 003 jet, recording an official leading speed of 800 km/h (497 mph). The first-ever four-engine jet aircraft ever flown were the sixth and eighth prototypes with the Arado Ar 234 airliner reconnaissance-bomber, which used BMW 003 aircraft for power. Through 1944 the 003's reliability improved, making it a ideal power plant for atmosphere frame designs competing with the Jägernotprogramm's light fighter creation contract. which was won with the Heinkel He 162 Spatz pattern. The BMW 003 aviation turbojet was also into account as the basic beginning point for a pioneering turboshaft powerplant intended for German armored fighting autos in 1944-45, as the GT information and facts. Towards the end with the Third Reich, BMW developed some military aircraft projects for the Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber and the BMW Strahljäger, but none of these people 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 English Rover Group[19] (which at that time consisted of the Rover, Land Rover and MG brands along with the rights to defunct makes including Austin and Morris), and owned it intended for six years. By 2000, Rover was incurring large losses and BMW chose to sell the combine. The MG and Rover brands were sold on the Phoenix Consortium to style MG Rover, while Land Rover was absorbed by Ford. BMW, meanwhile, retained the rights to create the new Mini, which was launched in 2001.

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Key designer Chris Bangle introduced his departure from BMW inside February 2009, after serving on the structure team for nearly 17 years. He was replaced through Adrian van Hooydonk, Bangle's former right-hand person. Bangle was known pertaining to his radical designs for example the 2002 7-Series and the 2002 Z4. In July 2007, the production rights pertaining to Husqvarna Motorcycles was purchased by BMW for just a reported 93 million pounds. BMW Motorrad plans to keep operating Husqvarna Motorcycles like a separate enterprise. All development, sales and production activities, as well as the existing workforce, have remained in spot at its present location at Varese.In June 2012, BMW was listed as 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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