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

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BMW's primary significant aircraft engine, and commercial product involving any sort, was the BMW IIIa inline-six liquid-cooled powerplant of 1918, known for good energy economy and high-altitude functionality. With German rearmament within the 1930s, the company again started out producing aircraft engines for the Luftwaffe. The factory in Munich made ample utilization of forced labour: foreign civilians, prisoners of war and inmates from the concentration camp Dachau. Among its successful Planet War II engine patterns were the BMW 132 and also BMW 801 air-cooled radial machines, 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 inside the first prototype of this Messerschmitt Me 262, the Me 262 V1, but in 1942 assessments the BMW prototype motors failed on takeoff along with only the standby Junkers Jumo 210 nose-mounted piston engine powering it to some safe landing. [11][12] The few Us 262 A-1b test examples built used the more developed version of the actual 003 jet, recording an official prime speed of 800 km/h (497 mph). The first-ever four-engine plane aircraft ever flown were being the sixth and eighth prototypes of the Arado Ar 234 airliner reconnaissance-bomber, which used BMW 003 jets for power. Through 1944 the 003's consistency improved, making it a appropriate power plant for oxygen frame designs competing for the Jägernotprogramm's light fighter manufacturing contract. which was won with the Heinkel He 162 Spatz design. The BMW 003 aviation turbojet was also in mind as the basic starting place for a pioneering turboshaft powerplant for German armored fighting vehicles in 1944-45, as the GT 101. Towards the end in the Third Reich, BMW developed some military aircraft projects for that Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber plus the BMW Strahljäger, but none of all of them were built.

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BMW 3-Series (F30)In 1992, BMW acquired a significant stake in California-based manufacturing design studio DesignworksUSA, which they fully bought in 1995. In 1994, BMW bought the British Rover Group[19] (which during the time consisted of the Rover, Land Rover and MG brands plus 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 on the Phoenix Consortium to type MG Rover, while Land Rover was taken over by Ford. BMW, meanwhile, retained the rights to construct the new Mini, which was launched in 2001.

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Key designer Chris Bangle introduced his departure from BMW within February 2009, after serving on the planning team for nearly 19 years. He was replaced through Adrian van Hooydonk, Bangle's former right-hand man. Bangle was known regarding his radical designs like the 2002 7-Series and the 2002 Z4. In July 2007, the production rights regarding Husqvarna Motorcycles was purchased by BMW for just a reported 93 million euros. BMW Motorrad plans to continue operating Husqvarna Motorcycles like a separate enterprise. All development, sales and production pursuits, as well as the present workforce, have remained in location at its present spot at Varese.In June 2012, BMW was listed for the reason that #1 most reputable company on the globe 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.".