German carmaker BMW AG said Tuesday its net income fell 74 percent in the third quarter as it continued to be affected by the global economic downturn.
BMW, the world’s biggest luxury car company by sales, said net income for the period amounted to euro78 million ($115 million), down from euro298 million in the July-September period of 2008.
BMW’s share price slid 7.1 percent to euro31.20 in Frankfurt after the earnings announcement as net income came in well below the consensus estimate of around euro150 million.
The Munich-based company … CONTINUED
Here is info on the upcoming lightweight performance M3 called M3 GT4 Street / M3 GT. As a teaser, it laps the ring in 7:40!! Full details inside.
These new photos posted up by CarAdvice down under give us the clearest picture of what the final shape and body of the F10 will look like. The headlights continue to be masked up but if you stare at these pictures long enough you can mentally unmask that part yourself to see what it will look like in final form. The official internet reveal is upon us….
I did a double take when I read that title. But the guys over at 0-60 mag somehow got their hands on both of these cars and did a head to head. For now, all they are putting out is a teaser of the comparo, so we dont know the results. But the SVT Raptor is nothing to laugh at so it will be interesting to see how the X6M stacks up.
Make sure to pick up the … CONTINUED
RIP BMW F1 (2000-2009). Nick Heidfeld places 5th in the final race and BMW bids farewell to F1 racing. This is certainly a bitter sweet moment for everyone involved, but BMW has commited itself to other forms of racing from this point forward and F1 is taking a new direction as well. Although, BMW is racing to sell off all its remaining F1 assets, I think most of us know that BMW will probably make a return to F1 some day in the future when … CONTINUED
Okayama, 1st November 2009. Andy Priaulx (GB) and Augusto Farfus (BR) scored wins for BMW in rounds 21 and 22 of the FIA World Touring Car Championship. Both races in Okayama (JP) were held in the wet, and Priaulx claimed victory for BMW Team UK in the first one. BMW Team Germany
No holiday is safe from us The guys over at 1Addicts make an amazing tracing of the 1er in action and then apply it to pumpkins with stunning detail. Enjoy
Tommy Milner and Dirk Müller powered the BMW GT2 to a 1st place finish at the first round of the Asian Le Mans Series. This win marks the second 1st place finish for the BMW GT2, which previously won the ALMS race in Road America.
The BMW M5 line had its 25th birthday this week and BMW has released this commemorative video featuring all M5 generations, as well as the special one-off CSL M5 we featured earlier this week. Enjoy.
Courtesy of bimmertoday.de
M3post member Michael Cooper & his M3 not only beat Bob Lutz in GM’s CTS-V challenge yesterday, but placed 1st out of actual contestants! His reaction inside.
An E90post member is making lemonade with lemons so to speak as he turns his wrecked and soon-to-be replaced fender into an art piece which will later be hung on his wall as decoration.
The automotive world has always known only two variants of the E34 M5 – sedan and touring… until now. As recently revealed to select journalists during a 25 year M5 celebration, BMW has actually also built a convertible E34 M5 and was all set to put it into production. Unforutnately, just a week prior to its scheduled Geneva debut, the powers that be at BMW nixed the convertible M5 out of fear that demand for non-M5 convertibles would eat into 3 series convertible sales.… CONTINUED
1addicts members just can’t get enough of their real cars and have setup a racing league on the new Forza 3 game. They have even uploaded a virtual 1addicts decal in the storefront vinyl groups for application to the cars!
Photoshop guru Jon Sibal takes a crack at rendering the F10 5-series. We’ll know soon if it’s accurate as official pics are expected by Nov. end.
This new M-Sport kit which is said to include a full cosmetics kit as well as a mild power upgrade and subtle massaging of the suspension as well has been spied road testing once again. The car was previously caught at the ring undergoing more serious track testing and now that the car is doing road testing, the kit is likely very close to production. In fact, the package is likely complete and ready for sale and is likely awaiting the marketing nod to … CONTINUED
The hairdo experiment featuring a model illustrates 22 years of progress in BMW automobile development. Facilities such as the new Aerodynamic Test Centre enable engineers of the BMW Group to improve aerodynamics at an early stage of the development process so as to make a contribution to increasingly efficient vehicles.
Here are some more photos of that blue E93 facelift M-Sport. Now with the top down. This car should make its official debut soon enough!
You can see the previous set of top up photos here: http://www.e90post.com/forums/showthread.php?t=315348
Source of these photos … CONTINUED
A one-off lightweight E60 M5 CSL was unveiled today at BMWs Nurburgring based prototype workshop. This car was built to commemorate the 5-series 25th anniversary. Albert Biermann, BMW M divisions head of development summarized the car as "the M5 CSL we never built" (though we would have loved to see it earlier and available to the public). Source: Autocar via bimmerfile
Mechanical changes include a heavily tuned version of the M5s 5.0L V10 motor. The … CONTINUED