Bayerische Motoren Werke AG German born for Bavarian Motor Works, usually known under their abbreviation BMW, is a German luxurious vehicles, motorcycle, and engine manufacturing firm founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars which is the parent company connected with Rolls-Royce Motor Cars. BMW produces motorcycles underneath BMW Motorrad, and plug-in electric cars within the BMW i sub-brand plus the "iPerformance" model designation inside the regular BMW lineup. It is one in the best-selling luxury automakers on the planet. The company is a component of the Euro Stoxx 50 stock market index.BMW was established like a business entity following a restructuring in the Rapp Motorenwerke aircraft manufacturing firm in 1917. After the end involving World War I within 1918, BMW was forced to cease aircraft-engine production from 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 also the car which launched BMW with respect to automobile production was the actual Dixi, based on the Austin 7 and licensed in the Austin Motor Company in 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 engine of 1918, known for good energy resource economy and high-altitude effectiveness. With German rearmament inside 1930s, the company again started out producing aircraft engines for the Luftwaffe. The factory in Munich made ample utilization of forced labour: foreign civilians, prisoners of war and inmates of the concentration camp Dachau. Among its successful Planet War II engine designs were the BMW 132 along with BMW 801 air-cooled radial machines, 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 tested as a prime power plant from the first prototype of this Messerschmitt Me 262, the Me 262 V1, but in 1942 checks the BMW prototype engines 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 the more developed version of the actual 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 plane reconnaissance-bomber, which used BMW 003 aircraft for power. Through 1944 the 003's dependability improved, making it a appropriate power plant for oxygen frame designs competing with the Jägernotprogramm's light fighter output contract. which was won from the Heinkel He 162 Spatz style. The BMW 003 aviation turbojet was also under consideration as the basic beginning point for a pioneering turboshaft powerplant regarding German armored fighting motor vehicles in 1944-45, as the GT tips. Towards the end from the Third Reich, BMW developed some military aircraft projects for that 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 big stake in California-based professional 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 regarding six years. By 2000, Rover was incurring large losses and BMW thought we would sell the combine. The MG and Rover brands were sold towards the Phoenix Consortium to style MG Rover, while Land Rover was absorbed by Ford. BMW, meanwhile, retained the rights to create the new Mini, which was launched throughout 2001.
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Main designer Chris Bangle announced his departure from BMW inside February 2009, after serving on the design team for nearly over seventeen years. He was replaced by Adrian van Hooydonk, Bangle's former right-hand male. Bangle was known with regard to his radical designs like the 2002 7-Series and the particular 2002 Z4. In July 2007, the production rights pertaining to Husqvarna Motorcycles was purchased by BMW for any reported 93 million pounds. BMW Motorrad plans to continue operating Husqvarna Motorcycles to be a separate enterprise. All development, sales and production routines, as well as the latest workforce, have remained in area at its present place 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.".
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