BMW (abbreviation for Bayerische Motoren Werke, or in English, Bavarian Motor Works), is a German automotive company which manufactures cars and motorcycles. BMW was founded in 1916 by Franz Josef Popp. BMW AG is the parent company of the brands MINI and Rolls-Royce, and, formerly Rover. BMW is known as one of the companies with high-performance luxury cars, and also one of the first car companies those using the ABS technology.

BMW started the business after the restructuring of the company’s aircraft engine maker Rapp Motorenwerke 1917. End of World War I in 1918, BMW was forced to stop producing aircraft engines due to the Treaty of Versailles. The company switched to producing motorcycles in 1923 after the treaty began to be relaxed, and began producing cars in 1928/29.

In 1992, BMW acquired the company’s industrial design studio DesignworksUSA in California, and acquired full-year 1995. In 1994, BMW bought Rover Group UK automotive companies (where there was a brand of Rover, Land Rover and MG brands as well as rights that are no longer produced the Austin and Morris) and have it for 6 years. In 2000, Rover suffered huge losses and BMW had sold it. MG and Rover brands sold to the Phoenix Consortium to form MG Rover, while Land Rover was taken over Ford. BMW eventually established his own brand he named the MINI, which was launched in 2001.
website: bmw.com