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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 associated Kingdom, and the united States. In 2015, BMW was the world's twelfth largest producer of motor vehicles, with 2,279,503 vehicles produced. The Quandt relatives are long-term shareholders of the company, later than the steadfast stocks owned by public float.
Automobiles are marketed below the brands BMW (with sub-brands BMW M for take effect models and BMW i for plug-in electric cars), Mini and Rolls-Royce. Motorcycles are marketed under the brand BMW Motorrad.
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