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BMW originally an initialism for Bayerische Motoren Werke in German, or Bavarian Motor Works in English) is often a German multinational company which currently produces luxury automobiles and motorcycles, and in addition produced aircraft engines until 1945.The company was founded in 1916 and has now its headquarters in Munich, Bavaria. BMW produces autos in Germany, Brazil, China, India, South Africa, the United Kingdom, plus the United States. In 2015, BMW was the earth's twelfth largest producer of motorcars, with 2,279,503 vehicles produced. The Quandt family are long-term shareholders on the company, using the remaining shares of public float.Automobiles are marketed within the brands BMW (with sub-brands BMW M for performance models and BMW i for plug-in electric cars), Mini and Rolls-Royce. Motorcycles are marketed underneath the brand BMW Motorrad.The name BMW can be an abbreviation for Bayerische Motoren Werke. The German name will not be grammatically correct, because motorenwerke is usually a single word in German. The term Bayerische Motorenwerke (which is used in several German publications and advertisements previously) could result in English as Bavarian Motor Works, which was used by BMW for marketing products in English-speaking countries. The suffix AG, short for Aktiengesellschaft, signifies an incorporated entity which is belonging to shareholders.The terms Beemer, Bimmer and Bee-em are normally used slang for BMW from the English language and they are sometimes used interchangeably for cars and motorcycles.In the United States, a lot of people prescribe that "beemer" must be used for motorcycles and "bimmer" needs to be used for cars. Some of these people state that "true aficionados" choose this distinction and those that don't are "uninitiated." Usage in North American mainstream media also varies, for example The Globe and Mail of Canada prefers Bimmer and calls Beemer a "yuppie abomination", plus the Tacoma News Tribune says that it's "auto snobs" who utilize terms to tell apart between cars and motorcycles.The circular blue and white BMW logo or roundel evolved from the circular Rapp Motorenwerke business logo, by which the BMW company grew, combined using the blue and white colors on the flag of Bavaria. The BMW logo still used today was developed in 1917, albeit with some other minor styling changes.The origin with the logo is normally thought to be a portrayal from the movement of the aircraft propeller with all the white blades cutting by way of a blue sky. However, this portrayal was first employed in a BMW advertisement in 1929 - twelve years following the logo was made - so this isn't the origin from the logo itself.

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