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Bayerische Motoren Werke AG German for Bavarian Motor Works, usually known under it is abbreviation BMW, is a German high-class vehicles, motorcycle, and engine manufacturing corporation 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 within BMW Motorrad, and plug-in electric cars under the BMW i sub-brand and also the "iPerformance" model designation inside the regular BMW lineup. It is one from the best-selling luxury automakers on earth. The company is a component of the Euro Stoxx 50 stock exchange index.BMW was established as being a business entity following a restructuring on the Rapp Motorenwerke aircraft production firm in 1917. After the end connected with World War I inside 1918, BMW was forced to help cease aircraft-engine production by the terms of the Versailles Armistice Treaty. The company consequently moved to motorcycle production since the restrictions of the treaty turned lifted in 1923, followed by automobiles throughout 1928-29.The first car which often BMW successfully produced plus the car which launched BMW on the path to automobile production was this Dixi, based on the Austin 7 and licensed on the Austin Motor Company in Birmingham, England.

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BMW's initial significant aircraft engine, and commercial product associated with any sort, was the BMW IIIa inline-six liquid-cooled motor of 1918, known for good energy economy and high-altitude functionality. With German rearmament inside 1930s, the company again started producing aircraft engines for that 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 Globe War II engine styles were the BMW 132 as well as BMW 801 air-cooled radial 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 tested as a prime power plant in the first prototype of the Messerschmitt Me 262, the Me 262 V1, but in 1942 assessments the BMW prototype applications failed on takeoff together with only the standby Junkers Jumo 210 nose-mounted piston engine powering it with a safe landing. [11][12] The few Me 262 A-1b test examples built used the greater developed version of this 003 jet, recording an official leading speed of 800 km/h (497 mph). The first-ever four-engine jet aircraft ever flown ended up the sixth and eighth prototypes from the Arado Ar 234 plane reconnaissance-bomber, which used BMW 003 aircraft for power. Through 1944 the 003's dependability improved, making it a appropriate power plant for atmosphere frame designs competing for your Jägernotprogramm's light fighter generation contract. which was won with the Heinkel He 162 Spatz layout. The BMW 003 aviation turbojet was also in mind as the basic starting point for a pioneering turboshaft powerplant for German armored fighting automobiles in 1944-45, as the GT info. Towards the end on the Third Reich, BMW developed some military aircraft projects to the Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber and the BMW Strahljäger, but none of these people were built.

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BMW 3-Series (F30)In 1992, BMW acquired a significant stake in California-based business design studio DesignworksUSA, which they fully obtained 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 intended for six years. By 2000, Rover was incurring large losses and BMW thought i would sell the combine. The MG and Rover brands were sold on the Phoenix Consortium to type MG Rover, while Land Rover was taken over by Ford. BMW, meanwhile, retained the rights to make the new Mini, which was launched within 2001.

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Primary designer Chris Bangle released his departure from BMW throughout February 2009, after serving on the style team for nearly 18 years. He was replaced by simply 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 for just a reported 93 million euros. BMW Motorrad plans to continue operating Husqvarna Motorcycles to be a separate enterprise. All development, sales and production things to do, as well as the latest workforce, have remained in location at its present spot at Varese.In June 2012, BMW was listed as the #1 most reputable company on this 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.".