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Bayerische Motoren Werke AG German born for Bavarian Motor Works, usually known under it's abbreviation BMW, is a German extravagance vehicles, motorcycle, and engine manufacturing company founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars and is the parent company of Rolls-Royce Motor Cars. BMW produces motorcycles underneath BMW Motorrad, and plug-in electric cars beneath the BMW i sub-brand and the "iPerformance" model designation within 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 trading game index.BMW was established being a business entity following a restructuring in the Rapp Motorenwerke aircraft producing firm in 1917. After the end connected with World War I inside 1918, BMW was forced to be able to cease aircraft-engine production because of the terms of the Versailles Armistice Treaty. The company consequently moved to motorcycle production for the reason that restrictions of the treaty turned lifted in 1923, followed by automobiles in 1928-29.The first car which in turn BMW successfully produced along with the car which launched BMW on the path to automobile production was your Dixi, based on the Austin tx 7 and licensed from your Austin Motor Company within Birmingham, England.

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BMW's very first significant aircraft engine, and commercial product associated with any sort, was the BMW IIIa inline-six liquid-cooled engine of 1918, known for good gas economy and high-altitude effectiveness. With German rearmament within the 1930s, the company again begun producing aircraft engines for that Luftwaffe. The factory in Munich made ample usage of forced labour: foreign civilians, prisoners of war and inmates from the concentration camp Dachau. Among its successful Earth War II engine patterns were the BMW 132 and also BMW 801 air-cooled radial applications, 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 Messerschmitt Me 262, the Me 262 V1, but in 1942 tests the BMW prototype engines failed on takeoff together with only the standby Junkers Jumo 210 nose-mounted piston engine powering it to your safe landing. [11][12] The few Me personally 262 A-1b test examples built used a lot more developed version of the 003 jet, recording an official prime speed of 800 km/h (497 mph). The first-ever four-engine plane aircraft ever flown ended up the sixth and eighth prototypes with the Arado Ar 234 airliner reconnaissance-bomber, which used BMW 003 jets for power. Through 1944 the 003's consistency improved, making it a appropriate power plant for air flow frame designs competing for your Jägernotprogramm's light fighter manufacturing contract. which was won because of the Heinkel He 162 Spatz style. The BMW 003 aviation turbojet was also under consideration as the basic beginning point for a pioneering turboshaft powerplant regarding German armored fighting vehicles in 1944-45, as the GT information. Towards the end on the Third Reich, BMW developed some military aircraft projects to the Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber and also 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 professional design studio DesignworksUSA, which they fully obtained in 1995. In 1994, BMW bought the British isles Rover Group[19] (which back then consisted of the Rover, Land Rover and MG brands as well as the rights to defunct makes including Austin and Morris), and owned it intended for six years. By 2000, Rover was incurring huge losses and BMW chose to sell the combine. The MG and Rover brands were sold towards Phoenix Consortium to style MG Rover, while Land Rover was absorbed by Ford. BMW, meanwhile, retained the rights to make the new Mini, which was launched with 2001.

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Fundamental designer Chris Bangle announced his departure from BMW inside February 2009, after serving on the design team for nearly 17 years. He was replaced by Adrian van Hooydonk, Bangle's former right-hand male. Bangle was known intended for his radical designs including the 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 remain operating Husqvarna Motorcycles like a separate enterprise. All development, sales and production things to do, as well as the actual workforce, have remained in place at its present position at Varese.In June 2012, BMW was listed because #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.".