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Bayerische Motoren Werke AG A language like german for Bavarian Motor Functions, usually known under the abbreviation BMW, is a German high end vehicles, motorcycle, and engine manufacturing firm founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars which is the parent company of Rolls-Royce Motor Cars. BMW produces motorcycles underneath BMW Motorrad, and plug-in electric cars within the BMW i sub-brand as well as the "iPerformance" model designation from the regular BMW lineup. It is one from the best-selling luxury automakers on earth. The company is a component of the Euro Stoxx 50 wall street game index.BMW was established as being a business entity following a restructuring with the Rapp Motorenwerke aircraft making firm in 1917. After the end regarding World War I in 1918, BMW was forced to help cease aircraft-engine production by the terms of the Versailles Armistice Treaty. The company consequently shifted to motorcycle production since the restrictions of the treaty began to be lifted in 1923, followed by automobiles with 1928-29.The first car which in turn BMW successfully produced as well as the car which launched BMW on the road to automobile production was your Dixi, based on the Austin tx 7 and licensed from your Austin Motor Company inside 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 serps of 1918, known for good gasoline economy and high-altitude overall performance. With German rearmament inside 1930s, the company again started out producing aircraft engines for the Luftwaffe. The factory in Munich made ample usage of forced labour: foreign civilians, prisoners of war and inmates in the concentration camp Dachau. Among its successful Planet War II engine models were the BMW 132 and BMW 801 air-cooled radial machines, 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 inside first prototype of the Messerschmitt Me 262, the Me 262 V1, but in 1942 tests the BMW prototype search engines failed on takeoff having only the standby Junkers Jumo 210 nose-mounted piston engine powering it to a safe landing. [11][12] The few Me 262 A-1b test examples built used greater developed version of the particular 003 jet, recording an official prime speed of 800 km/h (497 mph). The first-ever four-engine airliner aircraft ever flown ended up the sixth and eighth prototypes from the Arado Ar 234 airliner reconnaissance-bomber, which used BMW 003 aircraft for power. Through 1944 the 003's stability improved, making it a suitable power plant for air flow frame designs competing for the Jägernotprogramm's light fighter output contract. which was won with the Heinkel He 162 Spatz style. The BMW 003 aviation turbojet was also into account as the basic starting place for a pioneering turboshaft powerplant for German armored fighting autos in 1944-45, as the GT tips. Towards the end with the Third Reich, BMW developed some military aircraft projects for that Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber as well as 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 commercial design studio DesignworksUSA, which they fully bought in 1995. In 1994, BMW bought the Uk Rover Group[19] (which at the time consisted of the Rover, Land Rover and MG brands along with the rights to defunct makes including Austin and Morris), and owned it regarding 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 variety MG Rover, while Land Rover was bought out by Ford. BMW, meanwhile, retained the rights to construct the new Mini, which was launched with 2001.

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Main designer Chris Bangle released his departure from BMW within February 2009, after serving on the structure team for nearly 17 years. He was replaced by means of Adrian van Hooydonk, Bangle's former right-hand person. Bangle was known intended for his radical designs including the 2002 7-Series and the 2002 Z4. In July 2007, the production rights intended for Husqvarna Motorcycles was purchased by BMW for any reported 93 million euros. BMW Motorrad plans to stay operating Husqvarna Motorcycles as being a separate enterprise. All development, sales and production activities, as well as the present workforce, have remained in position at its present spot 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.".