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Bayerische Motoren Werke AG In german for Bavarian Motor Is effective, usually known under its abbreviation BMW, is a German high-class vehicles, motorcycle, and engine manufacturing company founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars and is also the parent company involving Rolls-Royce Motor Cars. BMW produces motorcycles under BMW Motorrad, and plug-in electric cars beneath the BMW i sub-brand along with the "iPerformance" model designation in the regular BMW lineup. It is one on the best-selling luxury automakers on this planet. The company is a component of the Euro Stoxx 50 currency markets index.BMW was established as a business entity following a restructuring with the Rapp Motorenwerke aircraft producing firm in 1917. After the end connected with World War I with 1918, BMW was forced for you to cease aircraft-engine production through the terms of the Versailles Armistice Treaty. The company consequently changed to motorcycle production as the restrictions of the treaty grew to become lifted in 1923, followed by automobiles in 1928-29.The first car which often BMW successfully produced and the car which launched BMW on the road to automobile production was your Dixi, based on the Austin texas 7 and licensed from the Austin Motor Company in Birmingham, England.

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BMW's first significant aircraft engine, and commercial product of any sort, was the BMW IIIa inline-six liquid-cooled engine of 1918, known for good gasoline economy and high-altitude overall performance. With German rearmament in the 1930s, the company again started out producing aircraft engines for that Luftwaffe. The factory in Munich made ample using forced labour: foreign civilians, prisoners of war and inmates from the concentration camp Dachau. Among its successful World War II engine models 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 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 the actual Messerschmitt Me 262, the Me 262 V1, but in 1942 checks the BMW prototype search engines failed on takeoff having only the standby Junkers Jumo 210 nose-mounted piston engine powering it into a safe landing. [11][12] The few Us 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 fly aircraft ever flown were being the sixth and eighth prototypes in the Arado Ar 234 jet reconnaissance-bomber, which used BMW 003 jets for power. Through 1944 the 003's trustworthiness improved, making it a suited power plant for air flow frame designs competing to 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 kick off point for a pioneering turboshaft powerplant for German armored fighting cars in 1944-45, as the GT info. Towards the end with 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 these individuals were built.

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BMW 3-Series (F30)In 1992, BMW acquired a large 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 that time consisted of the Rover, Land Rover and MG brands plus the rights to defunct brand names including Austin and Morris), and owned it intended for six years. By 2000, Rover was incurring enormous losses and BMW thought we would sell the combine. The MG and Rover brands were sold towards Phoenix Consortium to style 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 throughout February 2009, after serving on the design team for nearly 19 years. He was replaced by simply Adrian van Hooydonk, Bangle's former right-hand person. Bangle was known regarding his radical designs for example the 2002 7-Series and the 2002 Z4. In July 2007, the production rights intended for Husqvarna Motorcycles was purchased by BMW for any reported 93 million pounds. BMW Motorrad plans to continue operating Husqvarna Motorcycles to be a separate enterprise. All development, sales and production routines, as well as the latest workforce, have remained in spot at its present location at Varese.In June 2012, BMW was listed for the reason that #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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