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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 as well produced aircraft engines until 1945.The company was founded in 1916 and it has its headquarters in Munich, Bavaria. BMW produces cars in Germany, Brazil, China, India, South Africa, the United Kingdom, and also 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 in the company, together with 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 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 usually a single word in German. The term Bayerische Motorenwerke (which was used in several German publications and advertisements previously) could result in English as Bavarian Motor Works, that is 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 usually used slang for BMW within the English language and so are sometimes used interchangeably for cars and motorcycles.In the United States, a lot of people prescribe that "beemer" really should be used especially for motorcycles and "bimmer" really should be used for cars. Some of these people declare 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 makes 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, 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 assorted minor styling changes.The origin from the logo is frequently thought to be a portrayal on the movement connected with an aircraft propeller with all the white blades cutting via a blue sky. However, this portrayal was first utilised in a BMW advertisement in 1929 - twelve years following logo was developed - so this just isn't the origin with the logo itself.