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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 cars 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 from the company, using the remaining shares of public float.Automobiles are marketed in 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 underneath the brand BMW Motorrad.The name BMW is undoubtedly an abbreviation for Bayerische Motoren Werke. The German name isn't grammatically correct, because motorenwerke can be a single word in German. The term Bayerische Motorenwerke (which was used in several German publications and advertisements in past times) results 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 they are sometimes used interchangeably for cars and motorcycles.In the United States, many people prescribe that "beemer" must be used especially for motorcycles and "bimmer" really should be used for cars. Some of these people state 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", as well as the Tacoma News Tribune says it's "auto snobs" who utilize 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 was developed in 1917, albeit with assorted minor styling changes.The origin in the logo is usually thought to be a portrayal from the movement of the aircraft propeller while using white blades cutting by using a blue sky. However, this portrayal was first utilised in a BMW advertisement in 1929 - twelve years following the logo is made - so this will not be the origin on the logo itself.