This name is grammatically incorrect (in German, compound words must not contain spaces), which is why the name's grammatically correct form Bayerische Motorenwerke (German pronunciation: [ˈbaɪ̯ʁɪʃə mɔˈtʰɔʁn̩vɛɐ̯kə] (listen)) has been used in several publications and advertisements in the past.[4][5] Bayerische Motorenwerke translates into English as Bavarian Motor Works.[6] The suffix AG, short for Aktiengesellschaft, signifies an incorporated entity which is owned by shareholders.