BMW (Bayerische Motoren Werke) is one of the leading automobile manufacturers in the international market. Established on 7th March 1916, the German automaker has its headquarters in Munich. Some of the leading brands of the company include BMW, MINI and Rolls-Royce. BMW started producing automobiles at its Spartanburg, South Carolina, plant in 1994. The types of cars produced by BMW include sedan, convertible, coupe and Sports Activity Vehicle (SAV).