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BMW originally an initialism for Bayerische Motoren Werke in German, or Bavarian Motor Works in English) is usually 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 motorcars in Germany, Brazil, China, India, South Africa, the United Kingdom, and also the United States. In 2015, BMW was our planet's twelfth largest producer of motorcars, with 2,279,503 vehicles produced. The Quandt family are long-term shareholders with the company, using the remaining shares of public float.Automobiles are marketed in 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 in the brand BMW Motorrad.The name BMW is undoubtedly an abbreviation for Bayerische Motoren Werke. The German name is just not grammatically correct, because motorenwerke can be a single word in German. The term Bayerische Motorenwerke (that is used in several German publications and advertisements during the past) 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 of shareholders.The terms Beemer, Bimmer and Bee-em are generally used slang for BMW inside the English language and they are sometimes used interchangeably for cars and motorcycles.In the United States, many people prescribe that "beemer" really should be used for motorcycles and "bimmer" really should be used for cars. Some of these people are convinced that "true aficionados" makes distinction and people who 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", along with the Tacoma News Tribune says that it must be "auto snobs" who make use of the terms to tell apart between cars and motorcycles.The circular blue and white BMW logo or roundel evolved from the circular Rapp Motorenwerke logo design, where the BMW company grew, combined while using blue and white colors with the flag of Bavaria. The BMW logo still used today is made in 1917, albeit with some other minor styling changes.The origin with the logo is frequently thought to be a portrayal from the movement of your aircraft propeller with all the white blades cutting by having a blue sky. However, this portrayal was first found in a BMW advertisement in 1929 - twelve years following the logo was developed - so this isn't the origin in the logo itself.