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

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BMW's very first significant aircraft engine, and commercial product associated with any sort, was the BMW IIIa inline-six liquid-cooled serps of 1918, known for good energy economy and high-altitude efficiency. With German rearmament inside 1930s, the company again begun producing aircraft engines for the Luftwaffe. The factory in Munich made ample utilization of forced labour: foreign civilians, prisoners of war and inmates in the concentration camp Dachau. Among its successful World War II engine models were the BMW 132 as well as 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 within the first prototype of the actual Messerschmitt Me 262, the Me 262 V1, but in 1942 testing the BMW prototype search engines failed on takeoff having only the standby Junkers Jumo 210 nose-mounted piston engine powering it to your safe landing. [11][12] The few Me 262 A-1b test examples built used the greater developed version of the particular 003 jet, recording an official best speed of 800 km/h (497 mph). The first-ever four-engine airliner aircraft ever flown were being the sixth and eighth prototypes on the Arado Ar 234 aircraft reconnaissance-bomber, which used BMW 003 aircraft for power. Through 1944 the 003's reliability improved, making it a ideal power plant for oxygen frame designs competing for that Jägernotprogramm's light fighter manufacturing contract. which was won through the Heinkel He 162 Spatz style. The BMW 003 aviation turbojet was also under consideration as the basic starting place for a pioneering turboshaft powerplant regarding German armored fighting automobiles in 1944-45, as the GT information. Towards the end on the Third Reich, BMW developed some military aircraft projects for your Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber and also the BMW Strahljäger, but none of these individuals were built.

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BMW 3-Series (F30)In 1992, BMW acquired a huge stake in California-based industrial design studio DesignworksUSA, which they fully bought in 1995. In 1994, BMW bought the English Rover Group[19] (which at that 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 massive losses and BMW thought we would sell the combine. The MG and Rover brands were sold on the Phoenix Consortium to variety 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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Fundamental designer Chris Bangle announced his departure from BMW throughout February 2009, after serving on the style team for nearly 19 years. He was replaced simply by Adrian van Hooydonk, Bangle's former right-hand person. Bangle was known pertaining to his radical designs such as 2002 7-Series and this 2002 Z4. In July 2007, the production rights regarding Husqvarna Motorcycles was purchased by BMW for the reported 93 million pounds. BMW Motorrad plans to continue operating Husqvarna Motorcycles as a separate enterprise. All development, sales and production routines, as well as the existing workforce, have remained in area at its present area at Varese.In June 2012, BMW was listed because #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.".