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Bayerische Motoren Werke AG German for Bavarian Motor Is effective, usually known under the abbreviation BMW, is a German extravagance vehicles, motorcycle, and engine manufacturing firm 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 within BMW Motorrad, and plug-in electric cars underneath the BMW i sub-brand and also the "iPerformance" model designation from 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 wall street game index.BMW was established to be a business entity following a restructuring with the Rapp Motorenwerke aircraft making firm in 1917. After the end associated with World War I throughout 1918, BMW was forced in order to cease aircraft-engine production by the terms of the Versailles Armistice Treaty. The company consequently altered to motorcycle production because restrictions of the treaty turned lifted in 1923, followed by automobiles with 1928-29.The first car which BMW successfully produced along with the car which launched BMW with respect to automobile production was the particular Dixi, based on the Austin tx 7 and licensed from the Austin Motor Company within 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 gas economy and high-altitude efficiency. With German rearmament from the 1930s, the company again commenced producing aircraft engines for your Luftwaffe. The factory in Munich made ample utilization of 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 machines, and the pioneering BMW 003 axial-flow turbojet, which powered the teeny, 1944-1945-era jet-powered "emergency fighter", the Heinkel He 162 Spatz. The BMW 003 jet engine was initially tested as a prime power plant in the first prototype of this Messerschmitt Me 262, the Me 262 V1, but in 1942 tests the BMW prototype machines 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 more developed version of your 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 aircraft for power. Through 1944 the 003's reliability improved, making it a suited power plant for air frame designs competing for the Jägernotprogramm's light fighter creation contract. which was won because of the Heinkel He 162 Spatz design and style. The BMW 003 aviation turbojet was also into consideration as the basic beginning point for a pioneering turboshaft powerplant intended for German armored fighting cars in 1944-45, as the GT info. Towards the end on the Third Reich, BMW developed some military aircraft projects for your 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 obtained in 1995. In 1994, BMW bought the British isles Rover Group[19] (which right at that moment consisted of the Rover, Land Rover and MG brands plus the rights to defunct brands including Austin and Morris), and owned it with regard to six years. By 2000, Rover was incurring large losses and BMW chose to sell the combine. The MG and Rover brands were sold to the Phoenix Consortium to type 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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Main designer Chris Bangle introduced his departure from BMW inside February 2009, after serving on the design team for nearly 18 years. He was replaced simply by Adrian van Hooydonk, Bangle's former right-hand male. Bangle was known pertaining to his radical designs for example the 2002 7-Series and this 2002 Z4. In July 2007, the production rights pertaining to Husqvarna Motorcycles was purchased by BMW for a reported 93 million pounds. BMW Motorrad plans to remain operating Husqvarna Motorcycles as a separate enterprise. All development, sales and production routines, as well as the actual workforce, have remained in area at its present area 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.".