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Bayerische Motoren Werke AG A language like german for Bavarian Motor Performs, usually known under its 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 also the parent company connected with Rolls-Royce Motor Cars. BMW produces motorcycles underneath BMW Motorrad, and plug-in electric cars within the BMW i sub-brand plus the "iPerformance" model designation in the regular BMW lineup. It is one with the best-selling luxury automakers on the planet. The company is an element of the Euro Stoxx 50 currency markets index.BMW was established as being a business entity following a restructuring on the Rapp Motorenwerke aircraft producing firm in 1917. After the end regarding World War I in 1918, BMW was forced for you to cease aircraft-engine production from the terms of the Versailles Armistice Treaty. The company consequently moved to motorcycle production since the restrictions of the treaty started to be lifted in 1923, followed by automobiles within 1928-29.The first car that BMW successfully produced and also the car which launched BMW with respect to automobile production was the particular Dixi, based on the Austin texas 7 and licensed from your Austin Motor Company with Birmingham, England.

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BMW's first 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 performance. With German rearmament inside the 1930s, the company again began producing aircraft engines with the Luftwaffe. The factory in Munich made ample by using forced labour: foreign civilians, prisoners of war and inmates from the concentration camp Dachau. Among its successful Entire world War II engine types were the BMW 132 and also BMW 801 air-cooled radial search 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 initially tested as a prime power plant inside the first prototype of your Messerschmitt Me 262, the Me 262 V1, but in 1942 testing the BMW prototype applications failed on takeoff along with only the standby Junkers Jumo 210 nose-mounted piston engine powering it into a safe landing. [11][12] The few Us 262 A-1b test examples built used the more developed version of the 003 jet, recording an official major speed of 800 km/h (497 mph). The first-ever four-engine plane aircraft ever flown have been the sixth and eighth prototypes on the Arado Ar 234 jet reconnaissance-bomber, which used BMW 003 jets for power. Through 1944 the 003's trustworthiness improved, making it a appropriate power plant for fresh air frame designs competing for that Jägernotprogramm's light fighter generation contract. which was won by the Heinkel He 162 Spatz design. The BMW 003 aviation turbojet was also into consideration as the basic starting place for a pioneering turboshaft powerplant pertaining to German armored fighting autos in 1944-45, as the GT information. Towards the end with the Third Reich, BMW developed some military aircraft projects for your Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber and the BMW Strahljäger, but none of these people were built.

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BMW 3-Series (F30)In 1992, BMW acquired a substantial stake in California-based business design studio DesignworksUSA, which they fully acquired in 1995. In 1994, BMW bought the Uk Rover Group[19] (which back then consisted of the Rover, Land Rover and MG brands along with the rights to defunct models including Austin and Morris), and owned it with regard to six years. By 2000, Rover was incurring big losses and BMW thought we would sell the combine. The MG and Rover brands were sold for the Phoenix Consortium to form MG Rover, while Land Rover was absorbed by Ford. BMW, meanwhile, retained the rights to build the new Mini, which was launched throughout 2001.

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Primary designer Chris Bangle introduced his departure from BMW throughout February 2009, after serving on the planning team for nearly seventeen years. He was replaced by Adrian van Hooydonk, Bangle's former right-hand guy. Bangle was known intended for his radical designs for example the 2002 7-Series and the actual 2002 Z4. In July 2007, the production rights intended for Husqvarna Motorcycles was purchased by BMW for a reported 93 million euros. BMW Motorrad plans to keep operating Husqvarna Motorcycles as being a separate enterprise. All development, sales and production actions, as well as the existing workforce, have remained in spot at its present area at Varese.In June 2012, BMW was listed because the #1 most reputable company in the world 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.".