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Bayerische Motoren Werke AG In german for Bavarian Motor Is effective, usually known under their abbreviation BMW, is a German luxurious vehicles, motorcycle, and engine manufacturing company founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars and is particularly the parent company connected with Rolls-Royce Motor Cars. BMW produces motorcycles beneath BMW Motorrad, and plug-in electric cars under the BMW i sub-brand and also the "iPerformance" model designation inside the regular BMW lineup. It is one of the best-selling luxury automakers on the globe. The company is an element of the Euro Stoxx 50 stock trading game index.BMW was established as a business entity following a restructuring in the Rapp Motorenwerke aircraft making firm in 1917. After the end of World War I throughout 1918, BMW was forced to cease aircraft-engine production from the terms of the Versailles Armistice Treaty. The company consequently moved to motorcycle production because the restrictions of the treaty turned lifted in 1923, followed by automobiles with 1928-29.The first car which in turn BMW successfully produced and the car which launched BMW on the path to automobile production was the particular Dixi, based on the Austin 7 and licensed through the Austin Motor Company with Birmingham, England.

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BMW's 1st significant aircraft engine, and commercial product regarding any sort, was the BMW IIIa inline-six liquid-cooled engine of 1918, known for good energy economy and high-altitude functionality. With German rearmament from the 1930s, the company again began producing aircraft engines for that Luftwaffe. The factory in Munich made ample use of 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 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 initially tested as a prime power plant inside the first prototype of the particular Messerschmitt Me 262, the Me 262 V1, but in 1942 testing the BMW prototype machines failed on takeoff using only the standby Junkers Jumo 210 nose-mounted piston engine powering it to a safe landing. [11][12] The few Us 262 A-1b test examples built used a lot more developed version of your 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 from the Arado Ar 234 plane reconnaissance-bomber, which used BMW 003 jets for power. Through 1944 the 003's reliability improved, making it a ideal power plant for air frame designs competing with the Jägernotprogramm's light fighter production contract. which was won because of the Heinkel He 162 Spatz design. The BMW 003 aviation turbojet was also in mind as the basic kick off point for a pioneering turboshaft powerplant for German armored fighting motor vehicles in 1944-45, as the GT 101. Towards the end with the Third Reich, BMW developed some military aircraft projects for that Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber plus 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 manufacturing design studio DesignworksUSA, which they fully bought in 1995. In 1994, BMW bought the British Rover Group[19] (which at that time consisted of the Rover, Land Rover and MG brands plus the rights to defunct models including Austin and Morris), and owned it intended for six years. By 2000, Rover was incurring massive losses and BMW thought i would sell the combine. The MG and Rover brands were sold to the Phoenix Consortium to form MG Rover, while Land Rover was taken over by Ford. BMW, meanwhile, retained the rights to create the new Mini, which was launched within 2001.

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Main designer Chris Bangle announced his departure from BMW within February 2009, after serving on the structure team for nearly 18 years. He was replaced through Adrian van Hooydonk, Bangle's former right-hand person. Bangle was known pertaining to his radical designs such as the 2002 7-Series and the particular 2002 Z4. In July 2007, the production rights pertaining to Husqvarna Motorcycles was purchased by BMW for just a reported 93 million pounds. BMW Motorrad plans to remain operating Husqvarna Motorcycles to be a separate enterprise. All development, sales and production things to do, 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 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.".