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Bayerische Motoren Werke AG German born for Bavarian Motor Operates, usually known under it's abbreviation BMW, is a German luxurious vehicles, motorcycle, and engine manufacturing organization founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars and is also the parent company regarding Rolls-Royce Motor Cars. BMW produces motorcycles within BMW Motorrad, and plug-in electric cars beneath 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 producing firm in 1917. After the end of World War I inside 1918, BMW was forced to cease aircraft-engine production with the terms of the Versailles Armistice Treaty. The company consequently changed to motorcycle production because the restrictions of the treaty began to be lifted in 1923, followed by automobiles in 1928-29.The first car which BMW successfully produced and the car which launched BMW with respect to automobile production was your Dixi, based on the Austin tx 7 and licensed from the Austin Motor Company inside 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 engine of 1918, known for good gas economy and high-altitude overall performance. With German rearmament from the 1930s, the company again started out producing aircraft engines for that 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 designs were the BMW 132 and also BMW 801 air-cooled radial motors, 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 this Messerschmitt Me 262, the Me 262 V1, but in 1942 tests the BMW prototype motors failed on takeoff together with only the standby Junkers Jumo 210 nose-mounted piston engine powering it to some safe landing. [11][12] The few Me personally 262 A-1b test examples built used the more developed version of this 003 jet, recording an official best 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 jet reconnaissance-bomber, which used BMW 003 aircraft for power. Through 1944 the 003's trustworthiness improved, making it a suitable power plant for air flow frame designs competing with the Jägernotprogramm's light fighter creation contract. which was won with the Heinkel He 162 Spatz pattern. The BMW 003 aviation turbojet was also involved as the basic starting place for a pioneering turboshaft powerplant for 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 and the BMW Strahljäger, but none of these were built.

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BMW 3-Series (F30)In 1992, BMW acquired a substantial stake in California-based professional design studio DesignworksUSA, which they fully bought in 1995. In 1994, BMW bought the English Rover Group[19] (which right at that moment 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 huge losses and BMW thought we would sell the combine. The MG and Rover brands were sold towards 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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Primary designer Chris Bangle reported his departure from BMW in February 2009, after serving on the style 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 such as the 2002 7-Series and the 2002 Z4. In July 2007, the production rights for Husqvarna Motorcycles was purchased by BMW for the reported 93 million pounds. BMW Motorrad plans to remain operating Husqvarna Motorcycles as a separate enterprise. All development, sales and production things to do, as well as the existing workforce, have remained in position at its present place 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.".