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Bayerische Motoren Werke AG A language like german for Bavarian Motor Functions, usually known under its abbreviation BMW, is a German extravagance vehicles, motorcycle, and engine manufacturing business founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars and it is the parent company involving Rolls-Royce Motor Cars. BMW produces motorcycles underneath BMW Motorrad, and plug-in electric cars beneath the BMW i sub-brand and the "iPerformance" model designation from the regular BMW lineup. It is one on the best-selling luxury automakers in the world. The company is an element of the Euro Stoxx 50 stock market index.BMW was established to be a business entity following a restructuring in the Rapp Motorenwerke aircraft creation firm in 1917. After the end associated with World War I within 1918, BMW was forced for you to cease aircraft-engine production because of the terms of the Versailles Armistice Treaty. The company consequently altered to motorcycle production since the restrictions of the treaty turned lifted in 1923, followed by automobiles throughout 1928-29.The first car which BMW successfully produced along with the car which launched BMW with respect to automobile production was this Dixi, based on the Austin texas 7 and licensed in the Austin Motor Company inside Birmingham, England.

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BMW's 1st significant aircraft engine, and commercial product associated with any sort, was the BMW IIIa inline-six liquid-cooled engine of 1918, known for good gas economy and high-altitude functionality. With German rearmament inside the 1930s, the company again began producing aircraft engines for the Luftwaffe. The factory in Munich made ample using forced labour: foreign civilians, prisoners of war and inmates from the concentration camp Dachau. Among its successful Planet War II engine types were the BMW 132 as well as BMW 801 air-cooled radial search engines, and the pioneering BMW 003 axial-flow turbojet, which powered the little, 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 in the first prototype of the Messerschmitt Me 262, the Me 262 V1, but in 1942 testing the BMW prototype applications failed on takeoff using only the standby Junkers Jumo 210 nose-mounted piston engine powering it to your safe landing. [11][12] The few Me personally 262 A-1b test examples built used the harder developed version of the 003 jet, recording an official top speed of 800 km/h (497 mph). The first-ever four-engine airliner aircraft ever flown ended up the sixth and eighth prototypes with the Arado Ar 234 fly reconnaissance-bomber, which used BMW 003 aircraft for power. Through 1944 the 003's trustworthiness improved, making it a appropriate power plant for oxygen frame designs competing to the Jägernotprogramm's light fighter creation contract. which was won with the Heinkel He 162 Spatz style. The BMW 003 aviation turbojet was also involved as the basic starting place for a pioneering turboshaft powerplant with regard to German armored fighting motor vehicles in 1944-45, as the GT 101. Towards the end of 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 them were built.

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BMW 3-Series (F30)In 1992, BMW acquired a substantial stake in California-based industrial design studio DesignworksUSA, which they fully bought in 1995. In 1994, BMW bought the British Rover Group[19] (which at the time consisted of the Rover, Land Rover and MG brands as well as the rights to defunct brands 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 kind MG Rover, while Land Rover was bought out by Ford. BMW, meanwhile, retained the rights to make the new Mini, which was launched within 2001.

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Key designer Chris Bangle released his departure from BMW within February 2009, after serving on the design team for nearly 17 years. He was replaced through Adrian van Hooydonk, Bangle's former right-hand person. Bangle was known intended for his radical designs for example the 2002 7-Series and the actual 2002 Z4. In July 2007, the production rights with regard to Husqvarna Motorcycles was purchased by BMW for just a reported 93 million euros. BMW Motorrad plans to continue operating Husqvarna Motorcycles being a separate enterprise. All development, sales and production pursuits, as well as the existing workforce, have remained in area at its present position at Varese.In June 2012, BMW was listed because #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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