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BMW originally an initialism for Bayerische Motoren Werke in German, or Bavarian Motor Works in English) can be 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 it has its headquarters in Munich, Bavaria. BMW produces automobiles in Germany, Brazil, China, India, South Africa, the United Kingdom, along with the United States. In 2015, BMW was earth's twelfth largest producer of motorcars, with 2,279,503 vehicles produced. The Quandt family are long-term shareholders on the company, with all the remaining shares belonging to 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 within the brand BMW Motorrad.The name BMW is definitely 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 has been used in several German publications and advertisements previously) means English as Bavarian Motor Works, which is 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 within the English language and therefore are sometimes used interchangeably for cars and motorcycles.In the United States, a number of people prescribe that "beemer" really should be used particularly for motorcycles and "bimmer" must 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", and also the Tacoma News Tribune says that it must be "auto snobs" who makes use of the terms to differentiate between cars and motorcycles.The circular blue and white BMW logo or roundel evolved from the circular Rapp Motorenwerke business logo, that the BMW company grew, combined while using blue and white colors from the flag of Bavaria. The BMW logo still used today is made in 1917, albeit with assorted minor styling changes.The origin in the logo is normally thought to be a portrayal with the movement of the aircraft propeller using the white blades cutting by using a blue sky. However, this portrayal was first utilised in a BMW advertisement in 1929 - twelve years as soon as the logo is made - so this isn't the origin in the logo itself.