BMW Logo — BMW (acronym in German for: Bayerische Motoro Werke, “Bavarian Motor Factory”) is a manufacturer German cars and motorcycles, headquartered in Munich. Its subsidiaries include Mini and Rolls-Royce. BMW is the world leader in sales of high-end manufacturers.
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BMW’s predecessor was the company Rapp Motorenwerke GmbH, founded in 1913 by Karl Rapp. They changed the name in April 1917, first at BMW GmbH (limited company) to end at BMW AG, a year later after its conversion into a corporation. The first managing director was Franz Josef Popp, who remain in office for 20 years. The engineer Max Friz said in the young company in 1917 to develop a jet engine high compression, thanks to which it could reduce the loss of benefits in the heights. This innovation was so popular that BMW received an order of 2,000 engines by the military administration of Prussian. On June 17th of 1919 reached a record altitude of 9760 meters with a BMW IIIa. The end of the First World War and the Treaty of Versailles seemed to be the final phase of the company, as the treaty banning the production for 5 years of aircraft engines, by then the only product of BMW. In 1922 Camillo Castiglioni, the main shareholder of the company left the company to go Bayerische Flugzeugwerke AG (BFW), taking also the rights of the BMW brand. More