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Bayerische Motoren Werke AG German for Bavarian Motor Performs, usually known under their abbreviation BMW, is a German luxurious vehicles, motorcycle, and engine manufacturing organization founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars and it is the parent company connected with Rolls-Royce Motor Cars. BMW produces motorcycles within BMW Motorrad, and plug-in electric cars within the BMW i sub-brand as well as the "iPerformance" model designation inside regular BMW lineup. It is one with the best-selling luxury automakers in the world. The company is a factor of the Euro Stoxx 50 stock trading game index.BMW was established like a business entity following a restructuring in the Rapp Motorenwerke aircraft production firm in 1917. After the end associated with World War I in 1918, BMW was forced to be able to cease aircraft-engine production through the terms of the Versailles Armistice Treaty. The company consequently moved to motorcycle production for the reason that restrictions of the treaty started to be lifted in 1923, followed by automobiles within 1928-29.The first car that BMW successfully produced plus the car which launched BMW on the road to automobile production was this Dixi, based on the Austin texas 7 and licensed from the Austin Motor Company in Birmingham, England.

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BMW's initial significant aircraft engine, and commercial product of any sort, was the BMW IIIa inline-six liquid-cooled powerplant of 1918, known for good fuel economy and high-altitude effectiveness. With German rearmament inside the 1930s, the company again began producing aircraft engines with the Luftwaffe. The factory in Munich made ample by using forced labour: foreign civilians, prisoners of war and inmates of the concentration camp Dachau. Among its successful Planet War II engine types were the BMW 132 along with 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 first tested as a prime power plant within the first prototype of the particular Messerschmitt Me 262, the Me 262 V1, but in 1942 assessments the BMW prototype machines failed on takeoff along with only the standby Junkers Jumo 210 nose-mounted piston engine powering it to a safe landing. [11][12] The few Everyone 262 A-1b test examples built used the harder developed version of the particular 003 jet, recording an official prime speed of 800 km/h (497 mph). The first-ever four-engine jet 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 stability improved, making it a ideal power plant for fresh air frame designs competing with the Jägernotprogramm's light fighter creation contract. which was won with the Heinkel He 162 Spatz pattern. The BMW 003 aviation turbojet was also in mind as the basic starting point for a pioneering turboshaft powerplant for German armored fighting motor vehicles in 1944-45, as the GT information and facts. Towards the end from the Third Reich, BMW developed some military aircraft projects for your Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber along with the BMW Strahljäger, but none of these 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 acquired in 1995. In 1994, BMW bought the British isles Rover Group[19] (which back then consisted of the Rover, Land Rover and MG brands plus the rights to defunct manufacturers including Austin and Morris), and owned it with regard to six years. By 2000, Rover was incurring huge losses and BMW thought we would sell the combine. The MG and Rover brands were sold on the Phoenix Consortium to variety MG Rover, while Land Rover was bought out by Ford. BMW, meanwhile, retained the rights to develop the new Mini, which was launched inside 2001.

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Fundamental designer Chris Bangle declared his departure from BMW with February 2009, after serving on the structure team for nearly 19 years. He was replaced through Adrian van Hooydonk, Bangle's former right-hand gentleman. Bangle was known pertaining to his radical designs such as the 2002 7-Series and the 2002 Z4. In July 2007, the production rights for Husqvarna Motorcycles was purchased by BMW for just a reported 93 million euros. BMW Motorrad plans to continue operating Husqvarna Motorcycles as being a separate enterprise. All development, sales and production activities, as well as the latest workforce, have remained in place at its present spot at Varese.In June 2012, BMW was listed because the #1 most reputable company on the planet 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.".