Bayerische Motoren Werke AG German for Bavarian Motor Works, usually known under their abbreviation BMW, is a German luxurious vehicles, motorcycle, and engine manufacturing corporation founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars and it is the parent company of Rolls-Royce Motor Cars. BMW produces motorcycles below BMW Motorrad, and plug-in electric cars underneath the BMW i sub-brand along with the "iPerformance" model designation from the regular BMW lineup. It is one on the best-selling luxury automakers on the planet. The company is a factor of the Euro Stoxx 50 stock market index.BMW was established like a business entity following a restructuring in the Rapp Motorenwerke aircraft creation firm in 1917. After the end involving World War I inside 1918, BMW was forced to help cease aircraft-engine production because of the terms of the Versailles Armistice Treaty. The company consequently shifted to motorcycle production as the restrictions of the treaty started to be lifted in 1923, followed by automobiles within 1928-29.The first car which BMW successfully produced and the car which launched BMW on the path to automobile production was the actual Dixi, based on the Austin tx 7 and licensed on the Austin Motor Company in Birmingham, England.
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BMW's very first significant aircraft engine, and commercial product regarding 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 from the 1930s, the company again started out producing aircraft engines with the Luftwaffe. The factory in Munich made ample use of forced labour: foreign civilians, prisoners of war and inmates with the concentration camp Dachau. Among its successful World War II engine styles were the BMW 132 and BMW 801 air-cooled radial engines, and the pioneering BMW 003 axial-flow turbojet, which powered the tiny, 1944-1945-era jet-powered "emergency fighter", the Heinkel He 162 Spatz. The BMW 003 jet engine was tested as a prime power plant in the first prototype of the Messerschmitt Me 262, the Me 262 V1, but in 1942 testing the BMW prototype applications failed on takeoff together with 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 the harder 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 have been the sixth and eighth prototypes of the Arado Ar 234 aircraft reconnaissance-bomber, which used BMW 003 aircraft for power. Through 1944 the 003's consistency improved, making it a acceptable power plant for oxygen frame designs competing for the Jägernotprogramm's light fighter manufacturing contract. which was won by the Heinkel He 162 Spatz style. The BMW 003 aviation turbojet was also under consideration as the basic kick off point for a pioneering turboshaft powerplant intended for German armored fighting cars in 1944-45, as the GT information. Towards the end of 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 all of them were built.
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BMW 3-Series (F30)In 1992, BMW acquired a huge stake in California-based manufacturing design studio DesignworksUSA, which they fully purchased in 1995. In 1994, BMW bought the English Rover Group[19] (which at the time consisted of the Rover, Land Rover and MG brands in addition to the rights to defunct makes including Austin and Morris), and owned it pertaining to six years. By 2000, Rover was incurring enormous losses and BMW decided to sell the combine. The MG and Rover brands were sold on the Phoenix Consortium to form MG Rover, while Land Rover was taken over by Ford. BMW, meanwhile, retained the rights to build the new Mini, which was launched with 2001.
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Key designer Chris Bangle introduced his departure from BMW throughout February 2009, after serving on the design team for nearly seventeen years. He was replaced by means of Adrian van Hooydonk, Bangle's former right-hand man. Bangle was known for his radical designs for example 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 being a separate enterprise. All development, sales and production things to do, as well as the current workforce, have remained in place at its present place at Varese.In June 2012, BMW was listed as the #1 most reputable company on the 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.".
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