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

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BMW's 1st significant aircraft engine, and commercial product involving any sort, was the BMW IIIa inline-six liquid-cooled engine of 1918, known for good energy economy and high-altitude functionality. With German rearmament in 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 with the concentration camp Dachau. Among its successful Entire world War II engine types were the BMW 132 along with BMW 801 air-cooled radial motors, 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 inside the first prototype of the 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 your safe landing. [11][12] The few Us 262 A-1b test examples built used a lot more developed version of this 003 jet, recording an official major speed of 800 km/h (497 mph). The first-ever four-engine fly aircraft ever flown were the sixth and eighth prototypes on the Arado Ar 234 aircraft reconnaissance-bomber, which used BMW 003 jets for power. Through 1944 the 003's stability improved, making it a suitable power plant for oxygen frame designs competing for that Jägernotprogramm's light fighter generation contract. which was won from the Heinkel He 162 Spatz style. The BMW 003 aviation turbojet was also into consideration as the basic starting place for a pioneering turboshaft powerplant with regard to German armored fighting motor vehicles in 1944-45, as the GT information. 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 people were built.

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BMW 3-Series (F30)In 1992, BMW acquired a substantial stake in California-based business design studio DesignworksUSA, which they fully purchased in 1995. In 1994, BMW bought the British isles Rover Group[19] (which at that time consisted of the Rover, Land Rover and MG brands plus the rights to defunct brand names including Austin and Morris), and owned it for six years. By 2000, Rover was incurring huge losses and BMW chose to sell the combine. The MG and Rover brands were sold towards the Phoenix Consortium to variety MG Rover, while Land Rover was absorbed by Ford. BMW, meanwhile, retained the rights to develop the new Mini, which was launched with 2001.

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Key designer Chris Bangle reported his departure from BMW inside February 2009, after serving on the structure team for nearly seventeen years. He was replaced through Adrian van Hooydonk, Bangle's former right-hand person. Bangle was known with regard to his radical designs for example the 2002 7-Series and the 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 keep operating Husqvarna Motorcycles as a separate enterprise. All development, sales and production activities, as well as the latest workforce, have remained in location at its present area at Varese.In June 2012, BMW was listed because the #1 most reputable company on the globe 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.".