Bayerische Motoren Werke AG, commonly referred to as BMW , is a
German multinational corporation which produces luxury vehicles and
motorcycles. The company was founded in 1916 as a manufacturer of
aircraft engines, which it produced from 1917 until 1918 and again
from 1933 to 1945. Automobiles are marketed under the brands BMW,
Mini and Rolls-Royce, and motorcycles are marketed under the brand
BMW Motorrad. In 2017, BMW was the world's fourteenth-largest
producer of motor vehicles, with 2,279,503 vehicles produced.The
company has significant motorsport history, especially in touring
cars, Formula 1, sports cars and the Isle of Man TT. BMW is
headquartered in Munich and produces motor vehicles in Germany,
Brazil, China, India, Mexico, the Netherlands, South Africa, the
United Kingdom, and the United States. The Quandt family is a
long-term shareholder of the company.
