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Bayerische Motoren Werke AG The german language for Bavarian Motor Functions, usually known under it's abbreviation BMW, is a German high end vehicles, motorcycle, and engine manufacturing business founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars and is particularly the parent company regarding 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 inside the regular BMW lineup. It is one from the best-selling luxury automakers in the world. The company is an element of the Euro Stoxx 50 wall street game index.BMW was established as being a business entity following a restructuring with the Rapp Motorenwerke aircraft manufacturing firm in 1917. After the end of World War I with 1918, BMW was forced to be able to cease aircraft-engine production with the terms of the Versailles Armistice Treaty. The company consequently shifted to motorcycle production because the restrictions of the treaty began to be lifted in 1923, followed by automobiles within 1928-29.The first car which BMW successfully produced along with the car which launched BMW in relation to automobile production was your Dixi, based on the Austin texas 7 and licensed on the Austin Motor Company inside Birmingham, England.

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BMW's initial significant aircraft engine, and commercial product involving any sort, was the BMW IIIa inline-six liquid-cooled serp of 1918, known for good fuel economy and high-altitude overall performance. With German rearmament inside the 1930s, the company again commenced producing aircraft engines for that Luftwaffe. The factory in Munich made ample using forced labour: foreign civilians, prisoners of war and inmates with the concentration camp Dachau. Among its successful Planet War II engine types were the BMW 132 as well as BMW 801 air-cooled radial applications, 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 first tested as a prime power plant inside first prototype of the Messerschmitt Me 262, the Me 262 V1, but in 1942 tests the BMW prototype search 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 Myself 262 A-1b test examples built used the harder developed version of your 003 jet, recording an official prime speed of 800 km/h (497 mph). The first-ever four-engine aircraft aircraft ever flown had been the sixth and eighth prototypes of the Arado Ar 234 airliner reconnaissance-bomber, which used BMW 003 jets for power. Through 1944 the 003's consistency improved, making it a ideal power plant for air flow frame designs competing with the Jägernotprogramm's light fighter creation contract. which was won with the Heinkel He 162 Spatz design and style. The BMW 003 aviation turbojet was also in mind as the basic kick off point for a pioneering turboshaft powerplant intended for 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 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 large stake in California-based business design studio DesignworksUSA, which they fully acquired in 1995. In 1994, BMW bought the English Rover Group[19] (which back then consisted of the Rover, Land Rover and MG brands plus the rights to defunct brand names including Austin and Morris), and owned it with regard to six years. By 2000, Rover was incurring large losses and BMW decided 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 throughout 2001.

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Key designer Chris Bangle released his departure from BMW in February 2009, after serving on the look team for nearly 17 years. He was replaced by means of Adrian van Hooydonk, Bangle's former right-hand person. Bangle was known intended for his radical designs such as 2002 7-Series and this 2002 Z4. In July 2007, the production rights intended for Husqvarna Motorcycles was purchased by BMW to get a reported 93 million pounds. BMW Motorrad plans to keep operating Husqvarna Motorcycles as a separate enterprise. All development, sales and production routines, as well as the present workforce, have remained in place at its present spot 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.".