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Bayerische Motoren Werke AG The german language for Bavarian Motor Is effective, usually known under their abbreviation BMW, is a German high end vehicles, motorcycle, and engine manufacturing company founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars and is also the parent company of 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 in 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 exchange index.BMW was established being a business entity following a restructuring from the Rapp Motorenwerke aircraft creation firm in 1917. After the end associated with World War I with 1918, BMW was forced to be able to cease aircraft-engine production with the terms of the Versailles Armistice Treaty. The company consequently shifted to motorcycle production for the reason that restrictions of the treaty began to be lifted in 1923, followed by automobiles throughout 1928-29.The first car which BMW successfully produced along with the car which launched BMW on the road to automobile production was the particular Dixi, based on the Austin 7 and licensed from your Austin Motor Company with Birmingham, England.

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BMW's primary significant aircraft engine, and commercial product associated with any sort, was the BMW IIIa inline-six liquid-cooled motor of 1918, known for good gas economy and high-altitude efficiency. With German rearmament from the 1930s, the company again begun producing aircraft engines for that Luftwaffe. The factory in Munich made ample use of forced labour: foreign civilians, prisoners of war and inmates from the concentration camp Dachau. Among its successful Earth War II engine patterns were the BMW 132 and BMW 801 air-cooled radial search 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 in the first prototype of the actual Messerschmitt Me 262, the Me 262 V1, but in 1942 assessments the BMW prototype engines failed on takeoff using only the standby Junkers Jumo 210 nose-mounted piston engine powering it with a safe landing. [11][12] The few Everyone 262 A-1b test examples built used greater 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 ended up the sixth and eighth prototypes in the Arado Ar 234 fly reconnaissance-bomber, which used BMW 003 jets for power. Through 1944 the 003's reliability improved, making it a suitable power plant for air flow frame designs competing with the Jägernotprogramm's light fighter manufacturing contract. which was won through the Heinkel He 162 Spatz style. The BMW 003 aviation turbojet was also in mind as the basic beginning point for a pioneering turboshaft powerplant pertaining to German armored fighting automobiles in 1944-45, as the GT info. Towards the end in the Third Reich, BMW developed some military aircraft projects with the Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber along with the BMW Strahljäger, but none of these people were built.

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BMW 3-Series (F30)In 1992, BMW acquired a large stake in California-based manufacturing design studio DesignworksUSA, which they fully purchased in 1995. In 1994, BMW bought the British isles Rover Group[19] (which during the time 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 made a decision to sell the combine. The MG and Rover brands were sold on the Phoenix Consortium to kind MG Rover, while Land Rover was taken over by Ford. BMW, meanwhile, retained the rights to create the new Mini, which was launched in 2001.

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Chief designer Chris Bangle declared his departure from BMW inside February 2009, after serving on the design team for nearly 19 years. He was replaced by Adrian van Hooydonk, Bangle's former right-hand person. Bangle was known for his radical designs such as 2002 7-Series and your 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 remain operating Husqvarna Motorcycles as being a separate enterprise. All development, sales and production activities, as well as the actual workforce, have remained in place at its present place at Varese.In June 2012, BMW was listed for the reason that #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.".