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Bayerische Motoren Werke AG German born for Bavarian Motor Operates, usually known under their abbreviation BMW, is a German luxury vehicles, motorcycle, and engine manufacturing firm founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars which is the parent company involving Rolls-Royce Motor Cars. BMW produces motorcycles underneath BMW Motorrad, and plug-in electric cars within the BMW i sub-brand and the "iPerformance" model designation inside the regular BMW lineup. It is one of the best-selling luxury automakers on earth. The company is an element of the Euro Stoxx 50 stock exchange index.BMW was established like a business entity following a restructuring on the Rapp Motorenwerke aircraft producing firm in 1917. After the end involving World War I inside 1918, BMW was forced in order to cease aircraft-engine production from 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 throughout 1928-29.The first car which in turn BMW successfully produced as well as the car which launched BMW on the road to automobile production was your Dixi, based on the Austin 7 and licensed in the Austin Motor Company in Birmingham, England.

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BMW's primary significant aircraft engine, and commercial product of any sort, was the BMW IIIa inline-six liquid-cooled motor of 1918, known for good gas economy and high-altitude performance. With German rearmament inside the 1930s, the company again started producing aircraft engines for your Luftwaffe. The factory in Munich made ample utilization of forced labour: foreign civilians, prisoners of war and inmates on the concentration camp Dachau. Among its successful Earth War II engine types were the BMW 132 along with BMW 801 air-cooled radial search engines, 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 from the first prototype of this Messerschmitt Me 262, the Me 262 V1, but in 1942 assessments the BMW prototype search engines failed on takeoff having only the standby Junkers Jumo 210 nose-mounted piston engine powering it into a safe landing. [11][12] The few Me personally 262 A-1b test examples built used the greater developed version of the particular 003 jet, recording an official top speed of 800 km/h (497 mph). The first-ever four-engine fly aircraft ever flown ended up the sixth and eighth prototypes with the Arado Ar 234 plane reconnaissance-bomber, which used BMW 003 jets for power. Through 1944 the 003's dependability improved, making it a acceptable power plant for air flow frame designs competing with the Jägernotprogramm's light fighter output contract. which was won from the Heinkel He 162 Spatz layout. The BMW 003 aviation turbojet was also in mind as the basic beginning point for a pioneering turboshaft powerplant pertaining to German armored fighting motor vehicles in 1944-45, as the GT 101. Towards the end of the Third Reich, BMW developed some military aircraft projects to the Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber as well as the BMW Strahljäger, but none of them were built.

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BMW 3-Series (F30)In 1992, BMW acquired a significant stake in California-based manufacturing design studio DesignworksUSA, which they fully received in 1995. In 1994, BMW bought the English Rover Group[19] (which right at that moment consisted of the Rover, Land Rover and MG brands in addition to the rights to defunct brands including Austin and Morris), and owned it regarding six years. By 2000, Rover was incurring massive losses and BMW thought i would sell the combine. The MG and Rover brands were sold towards 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 with 2001.

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Fundamental designer Chris Bangle declared his departure from BMW within February 2009, after serving on the style team for nearly seventeen years. He was replaced by simply Adrian van Hooydonk, Bangle's former right-hand gentleman. Bangle was known pertaining to his radical designs like the 2002 7-Series and the actual 2002 Z4. In July 2007, the production rights pertaining to Husqvarna Motorcycles was purchased by BMW to get a reported 93 million euros. BMW Motorrad plans to remain operating Husqvarna Motorcycles being a separate enterprise. All development, sales and production routines, as well as the actual workforce, have remained in place at its present position at Varese.In June 2012, BMW was listed because 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.".