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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, plus 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, and also the United States. In 2015, BMW was by far the twelfth largest producer of automobiles, with 2,279,503 vehicles produced. The Quandt family are long-term shareholders on the company, with all the remaining shares of public float.Automobiles are marketed beneath 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 beneath the brand BMW Motorrad.The name BMW is definitely an abbreviation for Bayerische Motoren Werke. The German name isn't grammatically correct, because motorenwerke is often a single word in German. The term Bayerische Motorenwerke (which is 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 usually used slang for BMW from the English language and so are sometimes used interchangeably for cars and motorcycles.In the United States, a lot of people prescribe that "beemer" must be used particularly for motorcycles and "bimmer" really should be used for cars. Some of these people report that "true aficionados" get this 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 custom logo, that the BMW company grew, combined while using blue and white colors in 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 in the movement of the aircraft propeller with all the white blades cutting via a blue sky. However, this portrayal was first found in a BMW advertisement in 1929 - twelve years as soon as the logo was made - so this isn't the origin in the logo itself.