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BMW FACT'S Founded in 1917 or Founded 1913 by Karl Friedrich Rapp (BMW was founded by Karl Friedrich Rapp originally as an engine manufacturer, Rapp Motor. Bayerische Motoren Werke GmbH was founded as a successor company to Rapp Motor on July 21, 1917) BMW stand for "Bayerische Motoren Werke" Each BMW body style is assigned a two digit number preceded by "E". The "E" stands for "Entwicklung", the German word for development. BMW is/was the parent company of the Mini & Rolls Royce car brands. The blue-and-white roundel BMW logo, which is still used alludes to the white & blue checkered flag of Bavaria. It is often said to symbolize a spinning white propeller on a blue-sky background, although this interpretation developed after the logo was already in use. 1924 BMW built its first model motorcycle, the R32 The BMW company's first car: the BMW 3/15
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