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Established in 1916, the German multinational company known as BMW is a major player in the auto industry. Initially, it was known for making aircraft engines. During the 1930s and 1940s, it started making aircraft engines again to help Germany during World War II. However, it switched to making cars in 1918.
Besides being a major player in the auto industry, the company also produces various other brands. It's used the Mini brand to sell small cars, while it continues to use the BMW and the Rolls-Royce brands for high-end vehicles. In the 1990s, it purchased the Jaguar and Land Rover brands from the Rover Group. It then sold these brands to Ford at the end of the decade.
BMW has been known for its success in the motor-sport industry, especially with regard to using both 4 wheeled and 2 wheeled motorbikes. The company is also known for its innovations in technology. Some of the innovations that it has developed include the use of lithium-air batteries in the latest version of Toyota's Supra.