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B M W Compare Vehicles The BMW Z4 Roadster MINI Cooper Innovations Love driving? So do BMW engineers. It’s why their ideas have the driver at heart. You’ll find just a few of them explained and illustrated here. Welcome to the BMW Innovation Lounge. The End * *  The beginnings of Bayerische Flugzeugwerke.   Bayerische Flugzeugwerke (BFW) is founded on 7th March 1916 and incorporates Otto-Werke. BMW acquires the BFW plant in 1922, but Bayerische Motoren Werke continues to date its foundation from the founding of BFW. Milestones The founding of Bayerische Motoren Werke GmbH.   On 21st July 1917, Rapp-Motorenwerke is renamed Bayerische Motoren Werke GmbH. The ongoing war means that the small company grows quickly. With expansion in mind, the firm builds a spacious plant right next to the Oberwiesenfeld airfield in Munich and continues to build engines for army planes until 1918. Two-wheeled renewal.   Construction designs for the first post-war BMW motorcycle are ready by summer 1947, and the first R 24 is raffled to the employees shortly before Christmas 1948. The first standard-production model sells spectacularly in a country long-deprived because of war and its after-effects. In addition, some 18 per cent of all BMW machines are exported abroad as early as 1950. BMW stays independent.   BMW comes close to being bought but is saved by a nimble small car, the BMW 700. Of Italian design, the car possesses a unitary construction and BMW motorcycle engine (initially 32 hp, later 32 or 40 hp) in the back. Named the lion-hearted weasel, it is immensely popular with the car-buying public and as race car. BMW regains its rightful position and embarks on fresh projects with renewed confidence. BMWs other four-cylinder.   The exterior of the new BMW head office is finished on time for the 1972 Olympic Games. Continuing growth means the company has already outgrown its new home when it moves in the following year. This new nerve centre and the BMW m