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Bayerische Motoren Werke AG The german language for Bavarian Motor Is effective, usually known under it is abbreviation BMW, is a German luxury vehicles, motorcycle, and engine manufacturing corporation founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars and is also the parent company regarding Rolls-Royce Motor Cars. BMW produces motorcycles underneath BMW Motorrad, and plug-in electric cars under the BMW i sub-brand and the "iPerformance" model designation from the regular BMW lineup. It is one in the best-selling luxury automakers on this planet. The company is an element of the Euro Stoxx 50 stock market index.BMW was established as a business entity following a restructuring with the Rapp Motorenwerke aircraft making firm in 1917. After the end associated with World War I within 1918, BMW was forced to cease aircraft-engine production by the terms of the Versailles Armistice Treaty. The company consequently shifted to motorcycle production because restrictions of the treaty grew to become lifted in 1923, followed by automobiles throughout 1928-29.The first car which often BMW successfully produced along with the car which launched BMW on the road to automobile production was the Dixi, based on the Austin texas 7 and licensed on the Austin Motor Company with Birmingham, England.

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BMW's primary significant aircraft engine, and commercial product regarding any sort, was the BMW IIIa inline-six liquid-cooled serp of 1918, known for good gasoline economy and high-altitude functionality. With German rearmament in the 1930s, the company again started producing aircraft engines with the 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 Globe War II engine designs were the BMW 132 as well as BMW 801 air-cooled radial applications, and the pioneering BMW 003 axial-flow turbojet, which powered the little, 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 from the first prototype of the particular Messerschmitt Me 262, the Me 262 V1, but in 1942 checks the BMW prototype applications failed on takeoff having only the standby Junkers Jumo 210 nose-mounted piston engine powering it to some safe landing. [11][12] The few Everyone 262 A-1b test examples built used a lot more developed version of the particular 003 jet, recording an official leading speed of 800 km/h (497 mph). The first-ever four-engine fly aircraft ever flown were the sixth and eighth prototypes with the Arado Ar 234 fly reconnaissance-bomber, which used BMW 003 jets for power. Through 1944 the 003's reliability improved, making it a suitable power plant for air frame designs competing with the Jägernotprogramm's light fighter output contract. which was won by 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 for German armored fighting motor vehicles in 1944-45, as the GT info. Towards the end from the Third Reich, BMW developed some military aircraft projects for that 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 large stake in California-based manufacturing design studio DesignworksUSA, which they fully obtained in 1995. In 1994, BMW bought the United kingdom Rover Group[19] (which right at that moment consisted of the Rover, Land Rover and MG brands and also the rights to defunct makes including Austin and Morris), and owned it with regard to six years. By 2000, Rover was incurring huge losses and BMW decided to sell the combine. The MG and Rover brands were sold for the Phoenix Consortium to form MG Rover, while Land Rover was taken over by Ford. BMW, meanwhile, retained the rights to build the new Mini, which was launched within 2001.

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Main designer Chris Bangle released his departure from BMW within February 2009, after serving on the look team for nearly over seventeen years. He was replaced by simply Adrian van Hooydonk, Bangle's former right-hand gentleman. Bangle was known pertaining to his radical designs including the 2002 7-Series and the particular 2002 Z4. In July 2007, the production rights pertaining to Husqvarna Motorcycles was purchased by BMW to get a reported 93 million euros. BMW Motorrad plans to continue 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 since 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.".