In which year was BMW founded?

[MacGideon]

BMW was founded on March 7, 1916. Its predecessor was an aircraft factory, initially renowned for manufacturing streamlined biplane reconnaissance aircraft. The predecessor company was named BFW, and its founder was Gustav Otto. The following is an introduction to BMW: Start-up phase: During the start-up phase, the company primarily focused on the research, development, and production of aircraft engines. The blue and white BMW logo symbolizes a rotating propeller, reflecting the company's early history. In 1923, the first BMW motorcycle was introduced. Five years later, in 1928, BMW acquired the Eisenach automobile factory and began producing cars. Current status: Today, the BMW Group is one of the world's most successful and profitable automobile and motorcycle manufacturers. In 2002, the company sold over 1 million BMW and MINI brand vehicles, marking the first time sales exceeded one million units. In the motorcycle sector, sales surpassed 92,000 units, setting a new sales record. Globally, the BMW Group employs over 100,000 people.