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Bayerische Motoren Werke AG A language like german for Bavarian Motor Performs, usually known under its abbreviation BMW, is a German high end vehicles, motorcycle, and engine manufacturing organization 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 below BMW Motorrad, and plug-in electric cars underneath the BMW i sub-brand as well as the "iPerformance" model designation inside regular BMW lineup. It is one of the best-selling luxury automakers on the planet. The company is an element of the Euro Stoxx 50 currency markets index.BMW was established like a business entity following a restructuring of the Rapp Motorenwerke aircraft making firm in 1917. After the end of World War I inside 1918, BMW was forced to help cease aircraft-engine production with 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 inside 1928-29.The first car that BMW successfully produced and also the car which launched BMW in relation to automobile production was your Dixi, based on the Austin 7 and licensed through the Austin Motor Company inside Birmingham, England.

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BMW's primary significant aircraft engine, and commercial product involving any sort, was the BMW IIIa inline-six liquid-cooled serp of 1918, known for good energy resource economy and high-altitude functionality. With German rearmament from the 1930s, the company again commenced producing aircraft engines with the Luftwaffe. The factory in Munich made ample by using forced labour: foreign civilians, prisoners of war and inmates in the concentration camp Dachau. Among its successful Globe War II engine designs were the BMW 132 in addition to BMW 801 air-cooled radial search 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 first tested as a prime power plant in the first prototype of the particular Messerschmitt Me 262, the Me 262 V1, but in 1942 tests the BMW prototype engines failed on takeoff using only the standby Junkers Jumo 210 nose-mounted piston engine powering it to a safe landing. [11][12] The few Myself 262 A-1b test examples built used a lot more developed version of your 003 jet, recording an official best speed of 800 km/h (497 mph). The first-ever four-engine fly aircraft ever flown have been the sixth and eighth prototypes from the Arado Ar 234 plane reconnaissance-bomber, which used BMW 003 jets for power. Through 1944 the 003's stability improved, making it a suited power plant for air flow frame designs competing with the Jägernotprogramm's light fighter generation contract. which was won because of the Heinkel He 162 Spatz style. The BMW 003 aviation turbojet was also in mind as the basic starting point for a pioneering turboshaft powerplant pertaining to German armored fighting automobiles in 1944-45, as the GT information and facts. Towards the end on the Third Reich, BMW developed some military aircraft projects for that Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber and the BMW Strahljäger, but none of all of them were built.

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BMW 3-Series (F30)In 1992, BMW acquired a big stake in California-based commercial design studio DesignworksUSA, which they fully purchased in 1995. In 1994, BMW bought the English Rover Group[19] (which at the time consisted of the Rover, Land Rover and MG brands along with the rights to defunct models including Austin and Morris), and owned it with regard to six years. By 2000, Rover was incurring enormous losses and BMW thought i would sell the combine. The MG and Rover brands were sold towards Phoenix Consortium to kind MG Rover, while Land Rover was bought out by Ford. BMW, meanwhile, retained the rights to create the new Mini, which was launched with 2001.

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Main designer Chris Bangle released his departure from BMW throughout February 2009, after serving on the look team for nearly over seventeen years. He was replaced simply by Adrian van Hooydonk, Bangle's former right-hand gentleman. Bangle was known with regard to his radical designs such as the 2002 7-Series and your 2002 Z4. In July 2007, the production rights for Husqvarna Motorcycles was purchased by BMW for the reported 93 million euros. BMW Motorrad plans to keep operating Husqvarna Motorcycles as being a separate enterprise. All development, sales and production things to do, as well as the actual workforce, have remained in area at its present spot at Varese.In June 2012, BMW was listed because #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.".