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Bayerische Motoren Werke AG In german for Bavarian Motor Works, usually known under its abbreviation BMW, is a German luxurious vehicles, motorcycle, and engine manufacturing business founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars which is the parent company connected with Rolls-Royce Motor Cars. BMW produces motorcycles within BMW Motorrad, and plug-in electric cars under the BMW i sub-brand and the "iPerformance" model designation inside regular BMW lineup. It is one in 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 from the Rapp Motorenwerke aircraft making firm in 1917. After the end of World War I throughout 1918, BMW was forced for you to cease aircraft-engine production through the terms of the Versailles Armistice Treaty. The company consequently moved to motorcycle production as the restrictions of the treaty started to be lifted in 1923, followed by automobiles within 1928-29.The first car which BMW successfully produced plus the car which launched BMW on the road to automobile production was the Dixi, based on the Austin texas 7 and licensed in the Austin Motor Company in 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 motor of 1918, known for good fuel economy and high-altitude efficiency. With German rearmament within the 1930s, the company again started producing aircraft engines for that Luftwaffe. The factory in Munich made ample by using forced labour: foreign civilians, prisoners of war and inmates in the concentration camp Dachau. Among its successful World War II engine models were the BMW 132 along with BMW 801 air-cooled radial applications, and the pioneering BMW 003 axial-flow turbojet, which powered the teeny, 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 from the first prototype of your 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 with a safe landing. [11][12] The few Me 262 A-1b test examples built used the more developed version of your 003 jet, recording an official prime speed of 800 km/h (497 mph). The first-ever four-engine fly aircraft ever flown were the sixth and eighth prototypes in the Arado Ar 234 plane reconnaissance-bomber, which used BMW 003 aircraft for power. Through 1944 the 003's dependability improved, making it a suited power plant for fresh air frame designs competing with the Jägernotprogramm's light fighter output contract. which was won with the Heinkel He 162 Spatz design. The BMW 003 aviation turbojet was also under consideration as the basic starting point for a pioneering turboshaft powerplant pertaining to German armored fighting automobiles 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 plus the BMW Strahljäger, but none of these people were built.

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

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Key designer Chris Bangle reported his departure from BMW within February 2009, after serving on the look team for nearly 17 years. He was replaced through Adrian van Hooydonk, Bangle's former right-hand guy. Bangle was known with regard to his radical designs for example the 2002 7-Series and your 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 carry on operating Husqvarna Motorcycles like a separate enterprise. All development, sales and production things to do, as well as the actual workforce, have remained in area at its present place at Varese.In June 2012, BMW was listed because the #1 most reputable company on this 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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