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BMW originally an initialism for Bayerische Motoren Werke in German, or Bavarian Motor Works in English) is really 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 contains its headquarters in Munich, Bavaria. BMW produces autos in Germany, Brazil, China, India, South Africa, the United Kingdom, as well as the United States. In 2015, BMW was our planet's twelfth largest producer of cars, with 2,279,503 vehicles produced. The Quandt family are long-term shareholders with the company, while using 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 within the brand BMW Motorrad.The name BMW can be an abbreviation for Bayerische Motoren Werke. The German name just isn't grammatically correct, because motorenwerke is usually a single word in German. The term Bayerische Motorenwerke (which is used in several German publications and advertisements in past times) 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 normally used slang for BMW inside the English language and so are sometimes used interchangeably for cars and motorcycles.In the United States, a lot of people prescribe that "beemer" ought to be used designed for motorcycles and "bimmer" must 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", and also 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 custom logo, from where the BMW company grew, combined using the blue and white colors on the flag of Bavaria. The BMW logo still used today appeared in 1917, albeit with some other minor styling changes.The origin in the logo is usually thought to be a portrayal from the movement associated with an aircraft propeller with all the white blades cutting via a blue sky. However, this portrayal was first employed in a BMW advertisement in 1929 - twelve years following logo was developed - so this will not be the origin from the logo itself.