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Bayerische Motoren Werke AG In german for Bavarian Motor Works, usually known under its abbreviation BMW, is a German extravagance vehicles, motorcycle, and engine manufacturing company founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars and it is the parent company regarding Rolls-Royce Motor Cars. BMW produces motorcycles underneath BMW Motorrad, and plug-in electric cars beneath the BMW i sub-brand plus the "iPerformance" model designation inside the regular BMW lineup. It is one with the best-selling luxury automakers in the world. The company is an element of the Euro Stoxx 50 stock market index.BMW was established as being a business entity following a restructuring of the Rapp Motorenwerke aircraft producing firm in 1917. After the end associated with World War I within 1918, BMW was forced in order to cease aircraft-engine production with the terms of the Versailles Armistice Treaty. The company consequently moved to motorcycle production because restrictions of the treaty turned lifted in 1923, followed by automobiles with 1928-29.The first car which 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 from the Austin Motor Company throughout Birmingham, England.

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BMW's first significant aircraft engine, and commercial product connected with any sort, was the BMW IIIa inline-six liquid-cooled engine of 1918, known for good energy economy and high-altitude effectiveness. With German rearmament inside the 1930s, the company again started out producing aircraft engines to the Luftwaffe. The factory in Munich made ample usage of forced labour: foreign civilians, prisoners of war and inmates from the concentration camp Dachau. Among its successful Planet War II engine styles were the BMW 132 in addition to BMW 801 air-cooled radial engines, and the pioneering BMW 003 axial-flow turbojet, which powered the very 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 from the first prototype of the particular Messerschmitt Me 262, the Me 262 V1, but in 1942 tests the BMW prototype applications failed on takeoff with only the standby Junkers Jumo 210 nose-mounted piston engine powering it to a safe landing. [11][12] The few Myself 262 A-1b test examples built used the more developed version of the actual 003 jet, recording an official leading speed of 800 km/h (497 mph). The first-ever four-engine aircraft 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 consistency improved, making it a suitable power plant for oxygen frame designs competing with the Jägernotprogramm's light fighter creation contract. which was won through the Heinkel He 162 Spatz layout. The BMW 003 aviation turbojet was also into consideration as the basic beginning for a pioneering turboshaft powerplant intended for German armored fighting cars in 1944-45, as the GT tips. Towards the end from the Third Reich, BMW developed some military aircraft projects with the Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber plus the BMW Strahljäger, but none of them were built.

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

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Key designer Chris Bangle introduced his departure from BMW in February 2009, after serving on the planning team for nearly over seventeen years. He was replaced simply by Adrian van Hooydonk, Bangle's former right-hand male. Bangle was known intended for his radical designs like the 2002 7-Series and this 2002 Z4. In July 2007, the production rights pertaining to Husqvarna Motorcycles was purchased by BMW for any reported 93 million pounds. BMW Motorrad plans to continue operating Husqvarna Motorcycles as being a separate enterprise. All development, sales and production routines, as well as the current workforce, have remained in area at its present area at Varese.In June 2012, BMW was listed since 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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