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BMW AG (an abbreviation for Bayerische Motoren Werke AG, or in English, Bavarian Motor Works), is a German company and manufacturer of automobiles and motorcycles. BMW is the parent company of the BMW MINI and Rolls-Royce car brands, and, formerly, Rover. more...

In German, the acronym BMW is pronounced "bay emm vay." In North America and some other regions (i.e. Jamaica), BMW cars are referred to as "bimmers," while BMW motorcycles are called or "beemers".

The company's taglines in English are "The Ultimate Driving Machine" and "Sheer Driving Pleasure." The original German slogan is "Freude am Fahren," which translates to "Joy in Driving" in English.

BMW's main competitors includes Acura, Alfa Romeo, Audi, Cadillac, Infiniti, Jaguar, Lexus and Mercedes-Benz.

History

Pre-WWII

BMW was founded by Karl Friedrich Rapp in October 1913, originally as an aircraft engine manufacturer, Bayerische Flugzeug-Werke. The Milbertshofen district of Munich location was chosen because it was close to the Gustav Otto Flugmaschinenfabrik site, a German aircraft manufacturer. The blue-and-white circular logo BMW still uses (illustrated above right) alludes to the blue and white checkered flag of Bavaria and also indicates a spinning white propeller on a blue-sky background.

In 1916 the company secured a contract to build V12 engines for Austria-Hungary. Needing extra financing, Rapp gained the support of Camillo Castiglioni and Max Friz, the company was reconstituted as the Bayerische Motoren Werke GmbH. Over-expansion caused difficulties; Rapp left and the company was taken over by the Austrian industrialist Franz Josef Popp in 1917, and named BMW AG in 1918.

After World War I, the Treaty of Versailles (1919) prohibited the production of aircraft in Germany. Otto closed his factory and BMW switched to manufacturing railway brakes.

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