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Bayerische Motoren Werke AG The german language for Bavarian Motor Operates, usually known under the abbreviation BMW, is a German luxurious vehicles, motorcycle, and engine manufacturing firm founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars and is also the parent company regarding Rolls-Royce Motor Cars. BMW produces motorcycles under BMW Motorrad, and plug-in electric cars under the BMW i sub-brand plus the "iPerformance" model designation from the regular BMW lineup. It is one from the best-selling luxury automakers on the planet. The company is a component of the Euro Stoxx 50 stock market index.BMW was established to be a business entity following a restructuring in the Rapp Motorenwerke aircraft production firm in 1917. After the end involving World War I throughout 1918, BMW was forced to cease aircraft-engine production because of the terms of the Versailles Armistice Treaty. The company consequently changed to motorcycle production because the restrictions of the treaty began to be lifted in 1923, followed by automobiles within 1928-29.The first car which BMW successfully produced along with the car which launched BMW on the path to automobile production was this Dixi, based on the Austin 7 and licensed in the Austin Motor Company inside 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 serps of 1918, known for good energy resource economy and high-altitude effectiveness. With German rearmament within the 1930s, the company again begun producing aircraft engines for your Luftwaffe. The factory in Munich made ample utilization of forced labour: foreign civilians, prisoners of war and inmates in the concentration camp Dachau. Among its successful Entire world War II engine designs were the BMW 132 and BMW 801 air-cooled radial 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 first tested as a prime power plant from 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 some safe landing. [11][12] The few Me 262 A-1b test examples built used the harder developed version of this 003 jet, recording an official major speed of 800 km/h (497 mph). The first-ever four-engine jet aircraft ever flown ended up the sixth and eighth prototypes on the Arado Ar 234 airliner reconnaissance-bomber, which used BMW 003 aircraft for power. Through 1944 the 003's trustworthiness improved, making it a suitable power plant for fresh air frame designs competing for that Jägernotprogramm's light fighter production contract. which was won from the Heinkel He 162 Spatz style. The BMW 003 aviation turbojet was also in mind as the basic beginning for a pioneering turboshaft powerplant for German armored fighting autos in 1944-45, as the GT information and facts. Towards the end from the Third Reich, BMW developed some military aircraft projects for your Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber along with the BMW Strahljäger, but none of them were built.

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BMW 3-Series (F30)In 1992, BMW acquired a substantial stake in California-based business design studio DesignworksUSA, which they fully obtained in 1995. In 1994, BMW bought the United kingdom Rover Group[19] (which back then consisted of the Rover, Land Rover and MG brands as well as the rights to defunct makes including Austin and Morris), and owned it pertaining to six years. By 2000, Rover was incurring massive losses and BMW chose to sell the combine. The MG and Rover brands were sold towards the Phoenix Consortium to type MG Rover, while Land Rover was bought out by Ford. BMW, meanwhile, retained the rights to build the new Mini, which was launched in 2001.

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Fundamental designer Chris Bangle declared his departure from BMW inside February 2009, after serving on the planning team for nearly 19 years. He was replaced by Adrian van Hooydonk, Bangle's former right-hand man. Bangle was known regarding his radical designs for example the 2002 7-Series and the actual 2002 Z4. In July 2007, the production rights pertaining to Husqvarna Motorcycles was purchased by BMW for the reported 93 million euros. BMW Motorrad plans to continue operating Husqvarna Motorcycles as being a separate enterprise. All development, sales and production pursuits, as well as the present workforce, have remained in place at its present position at Varese.In June 2012, BMW was listed because #1 most reputable company on the planet 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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