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Bayerische Motoren Werke AG German born for Bavarian Motor Operates, usually known under it is 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 it 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 from the regular BMW lineup. It is one with the best-selling luxury automakers on the planet. The company is a factor of the Euro Stoxx 50 currency markets index.BMW was established as being a business entity following a restructuring of the Rapp Motorenwerke aircraft production firm in 1917. After the end regarding World War I in 1918, BMW was forced in order to cease aircraft-engine production from the terms of the Versailles Armistice Treaty. The company consequently shifted to motorcycle production since the restrictions of the treaty turned lifted in 1923, followed by automobiles in 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 texas 7 and licensed from your Austin Motor Company with Birmingham, England.

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BMW's first significant aircraft engine, and commercial product of any sort, was the BMW IIIa inline-six liquid-cooled powerplant of 1918, known for good gasoline economy and high-altitude performance. With German rearmament within the 1930s, the company again began producing aircraft engines to the Luftwaffe. The factory in Munich made ample use of forced labour: foreign civilians, prisoners of war and inmates in the concentration camp Dachau. Among its successful Globe War II engine patterns were the BMW 132 and BMW 801 air-cooled radial search engines, 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 from the first prototype of the actual Messerschmitt Me 262, the Me 262 V1, but in 1942 checks the BMW prototype machines failed on takeoff having only the standby Junkers Jumo 210 nose-mounted piston engine powering it to a safe landing. [11][12] The few Us 262 A-1b test examples built used the more developed version of this 003 jet, recording an official best 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 fly reconnaissance-bomber, which used BMW 003 jets for power. Through 1944 the 003's consistency improved, making it a acceptable power plant for fresh air frame designs competing for your Jägernotprogramm's light fighter generation contract. which was won with the Heinkel He 162 Spatz design and style. The BMW 003 aviation turbojet was also into account as the basic beginning for a pioneering turboshaft powerplant intended for German armored fighting cars in 1944-45, as the GT 101. Towards the end from the Third Reich, BMW developed some military aircraft projects for your Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber and also 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 commercial design studio DesignworksUSA, which they fully bought in 1995. In 1994, BMW bought the British isles Rover Group[19] (which during the time consisted of the Rover, Land Rover and MG brands plus the rights to defunct makes including Austin and Morris), and owned it regarding six years. By 2000, Rover was incurring big losses and BMW chose to sell the combine. The MG and Rover brands were sold towards Phoenix Consortium to style MG Rover, while Land Rover was taken over by Ford. BMW, meanwhile, retained the rights to build the new Mini, which was launched throughout 2001.

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Key designer Chris Bangle declared his departure from BMW within February 2009, after serving on the structure team for nearly 19 years. He was replaced through Adrian van Hooydonk, Bangle's former right-hand gentleman. Bangle was known with regard to his radical designs such as 2002 7-Series and this 2002 Z4. In July 2007, the production rights with regard to Husqvarna Motorcycles was purchased by BMW to get a reported 93 million euros. BMW Motorrad plans to remain operating Husqvarna Motorcycles to be a separate enterprise. All development, sales and production activities, as well as the present workforce, have remained in spot at its present area 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.".