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BMW recently launched its new âiâ division of alternatively powered vehicles including the i3 EV and i8 plug-in hybrid sports car. BMW is well-known for its M performance division, building cars like the M3, M5, X6 M, and X5 M. Born from the ashes of the First World War, BMW began building motorcycles in 1923 and then cars in 1928.
BMW is the most valuable German automobile brand in the world, with an overall valuation of $28.96 billion. The company is headquartered in Munich, Germany, and was founded in 1916. It owns the Rolls-Royce brand, produces motorcycles, and also has a large presence in motorsport including Formula One.