BMW was founded in Munich, Germany in 1916 as the 'Bayerische Flugzeugwerke AG' (BFW). In 1917, the Bayerishe Motoren Werke GmbH (or in English the Bavarian Motor Works) was created.
BMW, as the company is now known, initially concentrated on the development and production of aircraft engines during World War I, building a reputation for reliability and excellence.
In 1923 BMW built its first motorcycle and in 1928 the company's success story as an automobile manufacturer began with the acquisition of the Eisenach vehicle factory. BMW’s first motorcar was a version of the Austin Seven built under licence.
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