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Bayerische Motoren Werke AG German born for Bavarian Motor Works, usually known under the abbreviation BMW, is a German extravagance 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 underneath the BMW i sub-brand and the "iPerformance" model designation inside regular BMW lineup. It is one from the best-selling luxury automakers in the world. The company is an element of the Euro Stoxx 50 stock exchange index.BMW was established to be a business entity following a restructuring from the Rapp Motorenwerke aircraft producing firm in 1917. After the end associated with World War I with 1918, BMW was forced to help cease aircraft-engine production through the terms of the Versailles Armistice Treaty. The company consequently altered to motorcycle production since the restrictions of the treaty began to be lifted in 1923, followed by automobiles within 1928-29.The first car which in turn BMW successfully produced and also the car which launched BMW on the path to automobile production was this Dixi, based on the Austin texas 7 and licensed on the Austin Motor Company inside Birmingham, England.

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BMW's initial significant aircraft engine, and commercial product connected with any sort, was the BMW IIIa inline-six liquid-cooled serp of 1918, known for good energy resource economy and high-altitude efficiency. With German rearmament within the 1930s, the company again began producing aircraft engines to the Luftwaffe. The factory in Munich made ample by 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 along with BMW 801 air-cooled radial applications, 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 initially tested as a prime power plant inside the first prototype of this Messerschmitt Me 262, the Me 262 V1, but in 1942 checks the BMW prototype search engines failed on takeoff using only the standby Junkers Jumo 210 nose-mounted piston engine powering it to your safe landing. [11][12] The few Everyone 262 A-1b test examples built used a lot more developed version of the particular 003 jet, recording an official leading speed of 800 km/h (497 mph). The first-ever four-engine aircraft aircraft ever flown had been the sixth and eighth prototypes with the Arado Ar 234 jet reconnaissance-bomber, which used BMW 003 jets for power. Through 1944 the 003's stability improved, making it a acceptable power plant for fresh air frame designs competing for your Jägernotprogramm's light fighter manufacturing contract. which was won through the Heinkel He 162 Spatz layout. The BMW 003 aviation turbojet was also in mind as the basic kick off point for a pioneering turboshaft powerplant pertaining to German armored fighting motor vehicles in 1944-45, as the GT information. Towards the end with the Third Reich, BMW developed some military aircraft projects for that Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber and also the BMW Strahljäger, but none of these people were built.

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BMW 3-Series (F30)In 1992, BMW acquired a significant stake in California-based professional design studio DesignworksUSA, which they fully acquired in 1995. In 1994, BMW bought the Uk Rover Group[19] (which at the time consisted of the Rover, Land Rover and MG brands along with the rights to defunct manufacturers including Austin and Morris), and owned it regarding six years. By 2000, Rover was incurring large losses and BMW decided to sell the combine. The MG and Rover brands were sold towards Phoenix Consortium to form MG Rover, while Land Rover was taken over by Ford. BMW, meanwhile, retained the rights to make the new Mini, which was launched throughout 2001.

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Fundamental designer Chris Bangle declared his departure from BMW with February 2009, after serving on the design team for nearly over seventeen years. He was replaced simply by Adrian van Hooydonk, Bangle's former right-hand male. Bangle was known for his radical designs like the 2002 7-Series and the particular 2002 Z4. In July 2007, the production rights with regard to Husqvarna Motorcycles was purchased by BMW for the reported 93 million euros. BMW Motorrad plans to stay operating Husqvarna Motorcycles as being a separate enterprise. All development, sales and production things to do, as well as the current workforce, have remained in place at its present place at Varese.In June 2012, BMW was listed for the reason that #1 most reputable company on earth 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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