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BMW (Bayerische Motoren Werke in German, or Bavarian Motor Works in English) is a German multinational company which currently produces luxury automobiles and motorcycles, and after that produced jet engines until 1945.
The company was founded in 1916 and has its headquarters in Munich, Bavaria. BMW produces motor vehicles in Germany, Brazil, China, India, South Africa, the allied Kingdom, and the associated States. In 2015, BMW was the world’s twelfth largest producer of motor vehicles, following 2,279,503 vehicles produced. The Quandt relatives are long-term shareholders of the company, later than the remaining stocks owned by public float.
Automobiles are marketed under the brands BMW (with sub-brands BMW M for play-act models and BMW i for plug-in electric cars), Mini and Rolls-Royce. Motorcycles are marketed below the brand BMW Motorrad.
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