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Bayerische Motoren Werke AG German for Bavarian Motor Operates, usually known under their abbreviation BMW, is a German extravagance vehicles, motorcycle, and engine manufacturing organization founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars and is also the parent company involving Rolls-Royce Motor Cars. BMW produces motorcycles underneath BMW Motorrad, and plug-in electric cars beneath BMW i sub-brand and the "iPerformance" model designation within the regular BMW lineup. It is one of the best-selling luxury automakers on the planet. The company is an element of the Euro Stoxx 50 stock trading game index.BMW was established to be a business entity following a restructuring on the Rapp Motorenwerke aircraft manufacturing firm in 1917. After the end connected with World War I within 1918, BMW was forced to cease aircraft-engine production through the terms of the Versailles Armistice Treaty. The company consequently moved to motorcycle production for the reason that restrictions of the treaty has become lifted in 1923, followed by automobiles inside 1928-29.The first car which usually BMW successfully produced plus the car which launched BMW with respect to automobile production was the particular Dixi, based on the Austin 7 and licensed from your Austin Motor Company throughout Birmingham, England.

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BMW's 1st significant aircraft engine, and commercial product involving any sort, was the BMW IIIa inline-six liquid-cooled serps of 1918, known for good energy economy and high-altitude effectiveness. With German rearmament inside the 1930s, the company again started out producing aircraft engines to the Luftwaffe. The factory in Munich made ample use of forced labour: foreign civilians, prisoners of war and inmates of the concentration camp Dachau. Among its successful World War II engine types were the BMW 132 in addition to BMW 801 air-cooled radial motors, 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 inside the first prototype of the particular Messerschmitt Me 262, the Me 262 V1, but in 1942 testing the BMW prototype motors failed on takeoff having only the standby Junkers Jumo 210 nose-mounted piston engine powering it to your safe landing. [11][12] The few Myself 262 A-1b test examples built used a lot more developed version of the particular 003 jet, recording an official top speed of 800 km/h (497 mph). The first-ever four-engine plane aircraft ever flown were being the sixth and eighth prototypes on the Arado Ar 234 fly reconnaissance-bomber, which used BMW 003 jets for power. Through 1944 the 003's stability improved, making it a suited power plant for fresh air frame designs competing to the Jägernotprogramm's light fighter production contract. which was won through the Heinkel He 162 Spatz design. The BMW 003 aviation turbojet was also into account as the basic starting point for a pioneering turboshaft powerplant for German armored fighting vehicles in 1944-45, as the GT information. Towards the end in the Third Reich, BMW developed some military aircraft projects with the Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber and also the BMW Strahljäger, but none of these people were built.

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BMW 3-Series (F30)In 1992, BMW acquired a substantial stake in California-based business design studio DesignworksUSA, which they fully purchased in 1995. In 1994, BMW bought the British isles Rover Group[19] (which at the time consisted of the Rover, Land Rover and MG brands and also the rights to defunct manufacturers 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 style MG Rover, while Land Rover was absorbed by Ford. BMW, meanwhile, retained the rights to construct the new Mini, which was launched with 2001.

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Fundamental designer Chris Bangle declared his departure from BMW in February 2009, after serving on the style team for nearly 19 years. He was replaced by means of Adrian van Hooydonk, Bangle's former right-hand gentleman. Bangle was known pertaining to his radical designs like the 2002 7-Series and your 2002 Z4. In July 2007, the production rights regarding Husqvarna Motorcycles was purchased by BMW for the reported 93 million euros. BMW Motorrad plans to remain operating Husqvarna Motorcycles as a separate enterprise. All development, sales and production actions, as well as the actual workforce, have remained in position at its present location at Varese.In June 2012, BMW was listed since the #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.".