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Bayerische Motoren Werke AG German for Bavarian Motor Operates, usually known under it is abbreviation BMW, is a German luxury vehicles, motorcycle, and engine manufacturing firm founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars and is also the parent company involving Rolls-Royce Motor Cars. BMW produces motorcycles underneath BMW Motorrad, and plug-in electric cars under the BMW i sub-brand as well as the "iPerformance" model designation inside regular BMW lineup. It is one with the best-selling luxury automakers on earth. The company is a factor of the Euro Stoxx 50 stock exchange index.BMW was established to be a business entity following a restructuring of the Rapp Motorenwerke aircraft production firm in 1917. After the end connected with World War I with 1918, BMW was forced to be able to cease aircraft-engine production through the terms of the Versailles Armistice Treaty. The company consequently moved to motorcycle production since the restrictions of the treaty grew to become lifted in 1923, followed by automobiles within 1928-29.The first car which usually BMW successfully produced and the car which launched BMW on the road to automobile production was the actual Dixi, based on the Austin texas 7 and licensed in the Austin Motor Company within Birmingham, England.

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BMW's first significant aircraft engine, and commercial product involving any sort, was the BMW IIIa inline-six liquid-cooled serps of 1918, known for good fuel economy and high-altitude performance. With German rearmament from the 1930s, the company again started producing aircraft engines for that Luftwaffe. The factory in Munich made ample use of forced labour: foreign civilians, prisoners of war and inmates with the concentration camp Dachau. Among its successful World War II engine patterns were the BMW 132 and 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 tested as a prime power plant in the first prototype of your Messerschmitt Me 262, the Me 262 V1, but in 1942 checks the BMW prototype search engines failed on takeoff with only the standby Junkers Jumo 210 nose-mounted piston engine powering it to some safe landing. [11][12] The few Me personally 262 A-1b test examples built used the greater developed version of your 003 jet, recording an official prime speed of 800 km/h (497 mph). The first-ever four-engine jet aircraft ever flown ended up the sixth and eighth prototypes with the Arado Ar 234 plane 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 production contract. which was won from 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 vehicles in 1944-45, as the GT tips. Towards the end with the Third Reich, BMW developed some military aircraft projects for your Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber plus the BMW Strahljäger, but none of all of them were built.

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BMW 3-Series (F30)In 1992, BMW acquired a huge stake in California-based manufacturing design studio DesignworksUSA, which they fully obtained in 1995. In 1994, BMW bought the British isles Rover Group[19] (which at the time 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 big losses and BMW decided 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 build the new Mini, which was launched throughout 2001.

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Main designer Chris Bangle announced his departure from BMW throughout February 2009, after serving on the planning team for nearly seventeen years. He was replaced by simply Adrian van Hooydonk, Bangle's former right-hand guy. Bangle was known with regard to his radical designs including the 2002 7-Series and this 2002 Z4. In July 2007, the production rights pertaining to Husqvarna Motorcycles was purchased by BMW for just a reported 93 million pounds. BMW Motorrad plans to stay operating Husqvarna Motorcycles as a separate enterprise. All development, sales and production pursuits, as well as the present workforce, have remained in location at its present place at Varese.In June 2012, BMW was listed for the reason that #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.".