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Bayerische Motoren Werke AG A language like german for Bavarian Motor Works, usually known under it's abbreviation BMW, is a German luxurious 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 within BMW Motorrad, and plug-in electric cars underneath the BMW i sub-brand along with the "iPerformance" model designation inside regular BMW lineup. It is one in the best-selling luxury automakers on this planet. The company is a component of the Euro Stoxx 50 stock market index.BMW was established being a business entity following a restructuring in the Rapp Motorenwerke aircraft making firm in 1917. After the end involving World War I in 1918, BMW was forced in order to cease aircraft-engine production by the terms of the Versailles Armistice Treaty. The company consequently moved to motorcycle production because restrictions of the treaty started to be lifted in 1923, followed by automobiles with 1928-29.The first car that BMW successfully produced and also the car which launched BMW in relation to automobile production was your Dixi, based on the Austin texas 7 and licensed from your Austin Motor Company within Birmingham, England.

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BMW's first significant aircraft engine, and commercial product connected with any sort, was the BMW IIIa inline-six liquid-cooled powerplant of 1918, known for good gasoline economy and high-altitude effectiveness. With German rearmament in the 1930s, the company again began producing aircraft engines with the Luftwaffe. The factory in Munich made ample usage of forced labour: foreign civilians, prisoners of war and inmates with the concentration camp Dachau. Among its successful Earth War II engine styles were the BMW 132 in addition to BMW 801 air-cooled radial motors, and the pioneering BMW 003 axial-flow turbojet, which powered the very 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 inside the first prototype of your Messerschmitt Me 262, the Me 262 V1, but in 1942 checks the BMW prototype applications failed on takeoff together with only the standby Junkers Jumo 210 nose-mounted piston engine powering it to a safe landing. [11][12] The few Me personally 262 A-1b test examples built used the harder developed version of this 003 jet, recording an official major speed of 800 km/h (497 mph). The first-ever four-engine plane aircraft ever flown were the sixth and eighth prototypes on the Arado Ar 234 airliner reconnaissance-bomber, which used BMW 003 jets for power. Through 1944 the 003's stability improved, making it a ideal power plant for air flow frame designs competing for that Jägernotprogramm's light fighter creation contract. which was won by the Heinkel He 162 Spatz layout. The BMW 003 aviation turbojet was also in mind as the basic beginning for a pioneering turboshaft powerplant intended for German armored fighting cars in 1944-45, as the GT tips. Towards the end with the Third Reich, BMW developed some military aircraft projects for the Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber and also the BMW Strahljäger, but none of all 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 bought in 1995. In 1994, BMW bought the Uk Rover Group[19] (which at the time 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 large losses and BMW made a decision to sell the combine. The MG and Rover brands were sold to the Phoenix Consortium to kind MG Rover, while Land Rover was bought out by Ford. BMW, meanwhile, retained the rights to build the new Mini, which was launched throughout 2001.

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Main designer Chris Bangle announced his departure from BMW within February 2009, after serving on the style team for nearly 19 years. He was replaced by simply Adrian van Hooydonk, Bangle's former right-hand gentleman. Bangle was known for his radical designs such as 2002 7-Series and the actual 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 keep operating Husqvarna Motorcycles as being a separate enterprise. All development, sales and production things to do, as well as the actual workforce, have remained in location at its present place at Varese.In June 2012, BMW was listed for the reason that #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.".