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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, plus produced aircraft engines until 1945.The company was founded in 1916 and contains its headquarters in Munich, Bavaria. BMW produces automobiles 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 automobiles, with 2,279,503 vehicles produced. The Quandt family are long-term shareholders on the company, while using remaining shares of public float.Automobiles are marketed underneath 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 surely 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) can mean 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 usually used slang for BMW inside the English language and they are sometimes used interchangeably for cars and motorcycles.In the United States, a number of people prescribe that "beemer" needs to be used especially for motorcycles and "bimmer" needs to be used for cars. Some of these people are convinced 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", along with the Tacoma News Tribune says that it's "auto snobs" who make 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, by which the BMW company grew, combined together with the blue and white colors from the flag of Bavaria. The BMW logo still used today appeared in 1917, albeit with assorted minor styling changes.The origin with the logo can often be thought to be a portrayal in the movement of the aircraft propeller using the white blades cutting via a blue sky. However, this portrayal was first found in a BMW advertisement in 1929 - twelve years following logo is made - so this is just not the origin in the logo itself.