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Bayerische Motoren Werke AG In german for Bavarian Motor Operates, usually known under its abbreviation BMW, is a German luxury vehicles, motorcycle, and engine manufacturing corporation founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars and it is the parent company of Rolls-Royce Motor Cars. BMW produces motorcycles below BMW Motorrad, and plug-in electric cars under the BMW i sub-brand and also the "iPerformance" model designation inside the regular BMW lineup. It is one on the best-selling luxury automakers on earth. The company is a component of the Euro Stoxx 50 stock market 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 in order to cease aircraft-engine production with the terms of the Versailles Armistice Treaty. The company consequently altered to motorcycle production because restrictions of the treaty started to be lifted in 1923, followed by automobiles throughout 1928-29.The first car which usually BMW successfully produced and also the car which launched BMW with respect to automobile production was your Dixi, based on the Austin 7 and licensed through the Austin Motor Company within Birmingham, England.

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BMW's primary significant aircraft engine, and commercial product involving any sort, was the BMW IIIa inline-six liquid-cooled motor of 1918, known for good fuel economy and high-altitude effectiveness. With German rearmament from the 1930s, the company again began producing aircraft engines for that Luftwaffe. The factory in Munich made ample utilization of forced labour: foreign civilians, prisoners of war and inmates from the concentration camp Dachau. Among its successful World War II engine designs were the BMW 132 along with 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 initially tested as a prime power plant inside first prototype of the particular Messerschmitt Me 262, the Me 262 V1, but in 1942 tests the BMW prototype applications failed on takeoff together with 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 the actual 003 jet, recording an official best speed of 800 km/h (497 mph). The first-ever four-engine airliner aircraft ever flown had been the sixth and eighth prototypes of the Arado Ar 234 plane reconnaissance-bomber, which used BMW 003 aircraft for power. Through 1944 the 003's trustworthiness improved, making it a ideal power plant for fresh air frame designs competing for your Jägernotprogramm's light fighter manufacturing contract. which was won with the Heinkel He 162 Spatz design. The BMW 003 aviation turbojet was also into consideration as the basic beginning point for a pioneering turboshaft powerplant intended for German armored fighting cars in 1944-45, as the GT information. Towards the end with the Third Reich, BMW developed some military aircraft projects to the Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber along with the BMW Strahljäger, but none of these were built.

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BMW 3-Series (F30)In 1992, BMW acquired a big stake in California-based commercial design studio DesignworksUSA, which they fully acquired in 1995. In 1994, BMW bought the British isles Rover Group[19] (which right at that moment consisted of the Rover, Land Rover and MG brands along with the rights to defunct makes including Austin and Morris), and owned it for six years. By 2000, Rover was incurring huge losses and BMW made a decision to sell the combine. The MG and Rover brands were sold on the Phoenix Consortium to form MG Rover, while Land Rover was taken over by Ford. BMW, meanwhile, retained the rights to create the new Mini, which was launched within 2001.

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Chief designer Chris Bangle released his departure from BMW throughout February 2009, after serving on the design team for nearly 17 years. He was replaced by simply Adrian van Hooydonk, Bangle's former right-hand person. Bangle was known pertaining to his radical designs for example the 2002 7-Series and this 2002 Z4. In July 2007, the production rights regarding Husqvarna Motorcycles was purchased by BMW for a reported 93 million pounds. BMW Motorrad plans to keep operating Husqvarna Motorcycles being a separate enterprise. All development, sales and production things to do, as well as the latest workforce, have remained in area at its present place at Varese.In June 2012, BMW was listed as the #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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