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Bayerische Motoren Werke AG A language like german for Bavarian Motor Performs, usually known under it's abbreviation BMW, is a German high end vehicles, motorcycle, and engine manufacturing organization founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars and it is the parent company associated with Rolls-Royce Motor Cars. BMW produces motorcycles within BMW Motorrad, and plug-in electric cars underneath the BMW i sub-brand plus the "iPerformance" model designation in the regular BMW lineup. It is one of the best-selling luxury automakers on earth. The company is a factor of the Euro Stoxx 50 stock exchange index.BMW was established as being a business entity following a restructuring from the Rapp Motorenwerke aircraft creation firm in 1917. After the end associated with World War I throughout 1918, BMW was forced in order to cease aircraft-engine production because of the terms of the Versailles Armistice Treaty. The company consequently changed to motorcycle production for the reason that restrictions of the treaty grew to become lifted in 1923, followed by automobiles throughout 1928-29.The first car which often 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 on the Austin Motor Company in Birmingham, England.

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BMW's very first significant aircraft engine, and commercial product regarding any sort, was the BMW IIIa inline-six liquid-cooled engine of 1918, known for good energy resource economy and high-altitude performance. With German rearmament in the 1930s, the company again started out producing aircraft engines with the Luftwaffe. The factory in Munich made ample use of forced labour: foreign civilians, prisoners of war and inmates with the concentration camp Dachau. Among its successful World War II engine models were the BMW 132 and 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 inside first prototype of this Messerschmitt Me 262, the Me 262 V1, but in 1942 tests the BMW prototype search engines failed on takeoff along with only the standby Junkers Jumo 210 nose-mounted piston engine powering it to some safe landing. [11][12] The few Myself 262 A-1b test examples built used the harder developed version of your 003 jet, recording an official major speed of 800 km/h (497 mph). The first-ever four-engine airliner aircraft ever flown were the sixth and eighth prototypes from 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 oxygen frame designs competing with the Jägernotprogramm's light fighter manufacturing contract. which was won by the Heinkel He 162 Spatz layout. The BMW 003 aviation turbojet was also into consideration as the basic beginning for a pioneering turboshaft powerplant regarding German armored fighting motor vehicles in 1944-45, as the GT tips. 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 all of them were built.

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BMW 3-Series (F30)In 1992, BMW acquired a huge stake in California-based manufacturing design studio DesignworksUSA, which they fully purchased in 1995. In 1994, BMW bought the British isles Rover Group[19] (which back then consisted of the Rover, Land Rover and MG brands in addition to the rights to defunct brand names including Austin and Morris), and owned it regarding six years. By 2000, Rover was incurring huge losses and BMW thought i would sell the combine. The MG and Rover brands were sold towards Phoenix Consortium to kind MG Rover, while Land Rover was taken over by Ford. BMW, meanwhile, retained the rights to develop the new Mini, which was launched inside 2001.

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Chief designer Chris Bangle released his departure from BMW in February 2009, after serving on the look team for nearly 19 years. He was replaced simply by Adrian van Hooydonk, Bangle's former right-hand man. Bangle was known regarding his radical designs like the 2002 7-Series and the particular 2002 Z4. In July 2007, the production rights intended for Husqvarna Motorcycles was purchased by BMW for just a reported 93 million euros. BMW Motorrad plans to stay operating Husqvarna Motorcycles being a separate enterprise. All development, sales and production actions, as well as the present workforce, have remained in place at its present location at Varese.In June 2012, BMW was listed because 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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