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Bayerische Motoren Werke AG (German for Bavarian Motor Works), usually known under its abbreviation BMW, is a German luxury vehicle, sports car, motorcycle, and engine manufacturing company founded in 1916. It is one of the best-selling luxury automakers in the world. BMW is exporting its stylish sedans, SUVs and coupes to different countries all over the world. The reinforcement of the company over the last few years is evident. It continues introducing new innovative models.