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BMW recalls over 76k 2012-2014 models over brake failure

Bimmerfest is reporting that BMW has notified the National Highway Traffic Safety Administration of its intention to voluntarily recall more than 75,000 3 Series, 5 Series, X1, X3 and Z4 models due to a possible loss of power brake assist that could result in the vehicles failing to stop. The recall affects 2012-2014 models equipped with either the N20 or N26 engine produced from May 2012 to August 2013. Until recall repairs have been performed, BMW dealers will discontinue selling or delivering any affected vehicles in their inventories.
The problem has been traced to restricted oil supply from the intake camshaft to the brake vacuum pump, which may cause the brake vacuum pump to fail, resulting in a loss of power brake assist. While the hydraulic brakes will still function, the driver must much apply greater pedal pressure and the distance required to stop the vehicle will increase.
BMW has reported three minor accidents with no confirmed injuries. According to Bimmerfest, drivers who encounter a braking problem should "pull the emergency brake and apply as much brake pedal pressure as possible. If your BMW has an electronic parking brake pull up and hold the switch to engage the brake." Drivers should then park in a safe location and contact BMW Roadside Assistance.

BMW Pininfarina Gran Lusso Coup'e bows at Villa d'Este

The first collaboration between BMW and Pininfarina is this blunt-force two-door called the BMW Pininfarini Gran Lusso Coupe revealed at the Concorso d'Eleganza Villa d'Este. Said to be the "interpretation of a luxurious BMW Coupé as seen through the eyes of Pininfarina," once you get past all of the design-speak, you can focus on the full-bodied and keen-edged missile sitting on 21-inch wheels.
The long wheelbase makes for short overhangs. Up front, BMW's design language gets scraped across a whetstone, everything getting sharper, including the usually round cat's eye headlights that have gone dihedral. Under the hood is a V12, behind the twin-kidney grille in matte-sheen aluminium and high-gloss black. The same aluminum treatment also backs the taillights, the lenses designed to let air flow through them.
Inside is room for four, a cockpit canted toward the driver, Foglizzo leather in black and Tobacco Brown, 48,000-year-old kauri wood from New Zealand, deep pile carpet on the floors, a patterned virgin wool headliner and an "oblong aperture in the roof liner" set off by white LEDs.

BMW looking to save billions with cost cuts

BMW is planning a fairly extensive overhaul in a bid to recoup some its annual costs, with CEO Norbert Reithofer (pictured above) aiming to save three to four billion euro ($4 to $5.4 billion) per year to help keep the company's profit margins between eight and 10 percent, while also maintaining investments in production expansion and new tech. BMW's profit margins sat at 9.4 percent in 2013.
According to Automotive News Europe, Reithofer is none too pleased about costs at Mini and on the 1 Series, although neither AN nor its source story, from Germany's Manager Magazin, elaborate on what steps could be taken to improve losses on either project. That makes it hard to figure out just where the fat will be trimmed from.
What may happen, though, is that BMW attempts to trim 100 million euros ($135 million) from its German labor costs each year; a solution hinted at a few weeks ago by Germany newspaper Muenchner Merkur. While a dramatic cost reduction, 100 million euros still doesn't begin to even approach the savings envisioned by Reithofer.