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Bayerische Motoren Werke AG In german for Bavarian Motor Works, usually known under it's abbreviation BMW, is a German high-class vehicles, motorcycle, and engine manufacturing organization 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 beneath BMW Motorrad, and plug-in electric cars underneath the BMW i sub-brand and the "iPerformance" model designation from the regular BMW lineup. It is one on the best-selling luxury automakers on the globe. The company is a factor of the Euro Stoxx 50 wall street game index.BMW was established like a business entity following a restructuring in the Rapp Motorenwerke aircraft producing firm in 1917. After the end of World War I with 1918, BMW was forced to help cease aircraft-engine production because of the terms of the Versailles Armistice Treaty. The company consequently altered to motorcycle production because the restrictions of the treaty grew to become lifted in 1923, followed by automobiles in 1928-29.The first car which often BMW successfully produced along with the car which launched BMW with respect to automobile production was your Dixi, based on the Austin 7 and licensed on the Austin Motor Company within Birmingham, England.

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BMW's initial significant aircraft engine, and commercial product involving any sort, was the BMW IIIa inline-six liquid-cooled motor of 1918, known for good energy economy and high-altitude overall performance. With German rearmament in the 1930s, the company again started producing aircraft engines for that 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 Globe War II engine patterns were the BMW 132 as well as BMW 801 air-cooled radial machines, 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 tested as a prime power plant in the first prototype of the actual Messerschmitt Me 262, the Me 262 V1, but in 1942 exams the BMW prototype applications failed on takeoff using only the standby Junkers Jumo 210 nose-mounted piston engine powering it with a safe landing. [11][12] The few Us 262 A-1b test examples built used greater developed version of your 003 jet, recording an official leading speed of 800 km/h (497 mph). The first-ever four-engine jet aircraft ever flown were the sixth and eighth prototypes of the Arado Ar 234 fly reconnaissance-bomber, which used BMW 003 aircraft for power. Through 1944 the 003's consistency improved, making it a suitable power plant for oxygen frame designs competing for the Jägernotprogramm's light fighter manufacturing contract. which was won by the Heinkel He 162 Spatz design and style. The BMW 003 aviation turbojet was also under consideration as the basic starting point for a pioneering turboshaft powerplant for German armored fighting autos in 1944-45, as the GT 101. Towards the end in the Third Reich, BMW developed some military aircraft projects with the Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber plus the BMW Strahljäger, but none of them were built.

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BMW 3-Series (F30)In 1992, BMW acquired a huge stake in California-based professional design studio DesignworksUSA, which they fully received in 1995. In 1994, BMW bought the British Rover Group[19] (which right at that moment consisted of the Rover, Land Rover and MG brands as well as the rights to defunct models including Austin and Morris), and owned it for 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 form MG Rover, while Land Rover was taken over by Ford. BMW, meanwhile, retained the rights to develop the new Mini, which was launched throughout 2001.

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Key designer Chris Bangle announced his departure from BMW inside February 2009, after serving on the structure team for nearly 17 years. He was replaced by means of Adrian van Hooydonk, Bangle's former right-hand person. Bangle was known for his radical designs for example the 2002 7-Series and the 2002 Z4. In July 2007, the production rights intended for Husqvarna Motorcycles was purchased by BMW for the reported 93 million pounds. BMW Motorrad plans to stay operating Husqvarna Motorcycles being a separate enterprise. All development, sales and production things to do, as well as the latest workforce, have remained in position at its present location at Varese.In June 2012, BMW was listed since the #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.".