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BMW (Bayerische Motoren Werke AG) is a German multinational company known for producing luxury automobiles and motorcycles. Founded in 1916, BMW originally manufactured aircraft engines before transitioning to motorcycles in the 1920s and automobiles in 1928. The company is headquartered in Munich, Bavaria, and owns brands like Mini and Rolls-Royce. BMW is recognized for its high-performance vehicles, innovative technology, and strong presence in motorsports. In 2023, BMW produced over 2.6 million cars and 221,988 motorcycles, making it one of the world's largest automakers.