For only the fifth time since its introduction in 1917, BMW is redesigning its logo, the famous roundel.For a long time, the blue and white are often thought to be a spinning propeller, to honor BMW's aircraft-engine beginnings, but the truth is a little different. For BMW, the blue and white colors of the BMW logo symbolized the Bavarian flag colors and represented the company’s origin.The company’s home state of Bavaria was also to be represented on the company logo. The quarters of the inner circle on the BMW logo display the state colors of the State of Bavaria – white and blue. But they are in the inverse order. The reason for this inverse order of blue and white in the BMW logo was the local trademark law at the time, which forbade the use of state coats of arms or other symbols of sovereignty on commercial logos.BMW is a German automobile company founded in 1916, it also owns and produces Mini cars and Rolls-Royce Motor Cars. BMW is one of the three best-selling luxury automakers in the world, along with Mercedes-Benz and Audi.The terms Beemer, Bimmer and Bee-em are sometimes used as slang for BMW in the English language and are sometimes used interchangeably for cars and motorcycles.