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Bayerische Motoren Werke AG German born for Bavarian Motor Operates, usually known under its abbreviation BMW, is a German high end vehicles, motorcycle, and engine manufacturing firm founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars and is also the parent company regarding Rolls-Royce Motor Cars. BMW produces motorcycles below BMW Motorrad, and plug-in electric cars beneath the BMW i sub-brand plus the "iPerformance" model designation within the regular BMW lineup. It is one of the best-selling luxury automakers on this planet. The company is a component of the Euro Stoxx 50 currency markets index.BMW was established as a business entity following a restructuring with the Rapp Motorenwerke aircraft producing firm in 1917. After the end regarding World War I within 1918, BMW was forced to cease aircraft-engine production from the terms of the Versailles Armistice Treaty. The company consequently moved to motorcycle production because the restrictions of the treaty started to be lifted in 1923, followed by automobiles within 1928-29.The first car which usually BMW successfully produced and also the car which launched BMW with respect to automobile production was the actual Dixi, based on the Austin 7 and licensed on the Austin Motor Company throughout Birmingham, England.

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BMW's first significant aircraft engine, and commercial product associated with any sort, was the BMW IIIa inline-six liquid-cooled motor of 1918, known for good gas economy and high-altitude efficiency. With German rearmament in the 1930s, the company again started out producing aircraft engines to the Luftwaffe. The factory in Munich made ample using forced labour: foreign civilians, prisoners of war and inmates on the concentration camp Dachau. Among its successful Planet War II engine models were the BMW 132 and also BMW 801 air-cooled radial search engines, and the pioneering BMW 003 axial-flow turbojet, which powered the small, 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 in the first prototype of the particular Messerschmitt Me 262, the Me 262 V1, but in 1942 checks the BMW prototype motors failed on takeoff using only the standby Junkers Jumo 210 nose-mounted piston engine powering it with a safe landing. [11][12] The few Myself 262 A-1b test examples built used the greater developed version of the 003 jet, recording an official leading speed of 800 km/h (497 mph). The first-ever four-engine fly aircraft ever flown were being the sixth and eighth prototypes on the Arado Ar 234 plane reconnaissance-bomber, which used BMW 003 aircraft for power. Through 1944 the 003's consistency improved, making it a appropriate power plant for atmosphere frame designs competing to the Jägernotprogramm's light fighter output contract. which was won by the Heinkel He 162 Spatz design. The BMW 003 aviation turbojet was also under 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 and facts. Towards the end of the Third Reich, BMW developed some military aircraft projects for that Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber as well as the BMW Strahljäger, but none of all of them were built.

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BMW 3-Series (F30)In 1992, BMW acquired a substantial stake in California-based manufacturing design studio DesignworksUSA, which they fully received in 1995. In 1994, BMW bought the British Rover Group[19] (which at that time consisted of the Rover, Land Rover and MG brands and also the rights to defunct makes including Austin and Morris), and owned it intended for six years. By 2000, Rover was incurring huge losses and BMW thought i would sell the combine. The MG and Rover brands were sold to the Phoenix Consortium to variety MG Rover, while Land Rover was taken over by Ford. BMW, meanwhile, retained the rights to build the new Mini, which was launched in 2001.

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Key designer Chris Bangle released his departure from BMW in February 2009, after serving on the planning team for nearly 19 years. He was replaced simply by Adrian van Hooydonk, Bangle's former right-hand person. Bangle was known pertaining to his radical designs such as 2002 7-Series and the 2002 Z4. In July 2007, the production rights for Husqvarna Motorcycles was purchased by BMW for just a reported 93 million pounds. BMW Motorrad plans to stay operating Husqvarna Motorcycles like a separate enterprise. All development, sales and production actions, as well as the actual workforce, have remained in area at its present spot 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.".