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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 extravagance vehicles, motorcycle, and engine manufacturing corporation founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars which is the parent company of Rolls-Royce Motor Cars. BMW produces motorcycles under BMW Motorrad, and plug-in electric cars beneath BMW i sub-brand and the "iPerformance" model designation inside regular BMW lineup. It is one of the best-selling luxury automakers on this planet. The company is a factor of the Euro Stoxx 50 currency markets index.BMW was established as a business entity following a restructuring of the Rapp Motorenwerke aircraft producing firm in 1917. After the end regarding 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 changed to motorcycle production since the restrictions of the treaty grew to become lifted in 1923, followed by automobiles with 1928-29.The first car which BMW successfully produced and the car which launched BMW on the path to automobile production was the actual Dixi, based on the Austin 7 and licensed through the Austin Motor Company inside Birmingham, England.

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BMW's 1st significant aircraft engine, and commercial product associated with any sort, was the BMW IIIa inline-six liquid-cooled serp of 1918, known for good energy economy and high-altitude effectiveness. With German rearmament in the 1930s, the company again started out producing aircraft engines to 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 Planet War II engine styles were the BMW 132 and BMW 801 air-cooled radial motors, and the pioneering BMW 003 axial-flow turbojet, which powered the tiny, 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 the particular Messerschmitt Me 262, the Me 262 V1, but in 1942 checks the BMW prototype machines failed on takeoff 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 greater developed version of the particular 003 jet, recording an official major speed of 800 km/h (497 mph). The first-ever four-engine airliner aircraft ever flown were the sixth and eighth prototypes on the Arado Ar 234 jet reconnaissance-bomber, which used BMW 003 aircraft for power. Through 1944 the 003's stability improved, making it a suitable power plant for air frame designs competing for the Jägernotprogramm's light fighter generation contract. which was won with the Heinkel He 162 Spatz layout. The BMW 003 aviation turbojet was also into consideration as the basic beginning point for a pioneering turboshaft powerplant pertaining to German armored fighting autos in 1944-45, as the GT info. Towards the end in the Third Reich, BMW developed some military aircraft projects to the Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber plus the BMW Strahljäger, but none of these were built.

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BMW 3-Series (F30)In 1992, BMW acquired a huge stake in California-based professional design studio DesignworksUSA, which they fully bought in 1995. In 1994, BMW bought the English Rover Group[19] (which back then consisted of the Rover, Land Rover and MG brands along with the rights to defunct brand names including Austin and Morris), and owned it with regard to six years. By 2000, Rover was incurring enormous losses and BMW decided to sell the combine. The MG and Rover brands were sold towards Phoenix Consortium to style MG Rover, while Land Rover was bought out by Ford. BMW, meanwhile, retained the rights to build the new Mini, which was launched throughout 2001.

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Fundamental designer Chris Bangle reported his departure from BMW throughout February 2009, after serving on the look team for nearly 19 years. He was replaced by means of 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 regarding Husqvarna Motorcycles was purchased by BMW for any reported 93 million pounds. BMW Motorrad plans to continue operating Husqvarna Motorcycles as a separate enterprise. All development, sales and production routines, as well as the existing workforce, have remained in position at its present position at Varese.In June 2012, BMW was listed as the #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.".