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BMW reminds us what made the original M3 so great

Just because many are slavering for the global debut of the 2016 BMW M2 at the Detroit Motor Show doesn't mean BMW will let us forget the coupe that gave the letter "M" its global moxie: the M3. The Roundel has posted the first in a five-part series devoted to that seminal M, the 1987-1991 E30. Built as a homologation requirement for the race car BMW needed to beat Mercedes 190E 2.3/16V in the German Touring Car Championship, it was 1.5 times more expensive than the 325i of the time and company sales heads had doubts about being able to sell all 5,000 of them. As we know, that story had a happy ending. The first models came with a 2.3-liter four-cylinder with 195 horsepower, a chopped and tuned combination of the four-cylinder M10 block first used in 1962 and in Formula 1, with a cylinder head from the six-cylinder M88 that did duty in the M1. By the time the M3 Sport Evolution models marked the end of the first-gen production run, displacement had risen to 2.5 literz and output to 238 hp, but more important than those numbers were the phenomenal handling and relentless race victories. You should definitely check out the video above for BMW's peek into the backstory of the fourth M car after the M1, M535i, M635 CSi, and M5, and arguably most important. But if your M-centric tastebuds prefer a more modern take on the German brand's most driver-friendly vehicles, take a look at the videos below. Related Video:

BMW negotiates Daimler alliance, buys out car-service partner Sixt

Sixt sells its stake in DriveNow car-sharing to BMW BMW in talks with Daimler to combine car-sharing Combining car-sharing business to aid robotaxi plans FRANKFURT — Germany's BMW has bought out partner Sixt from their joint venture DriveNow, paving the way for a broader car-sharing and driverless taxi alliance with Daimler to compete against Uber and Lyft. Car rental company Sixt said on Monday it would generate an extraordinary pre-tax profit of about 200 million euros ($248 million) in 2018 from the sale of the DriveNow stake to BMW for 209 million euros. "With DriveNow as a wholly-owned subsidiary, we have all options for continued strategic development of our services," said Peter Schwarzenbauer, BMW's board member for Digital Business Innovation. "Our experience with mobility services supports our development of future autonomous, electrified and connected fleets," he said, adding that BMW aims to have 100 million customers for "premium mobility services" by 2025. The Sixt deal comes as BMW moves closer to a deal to combine its car-sharing services with Daimler's Car2Go, a person familiar with the discussions told Reuters last week. The German carmakers want to build a joint business that includes car sharing, ride-hailing, electric vehicle charging, and digital parking services, a senior executive at one of the companies said on Monday. Mercedes-Benz parent Daimler and BMW declined comment on the status of potential talks on their car-sharing business. "This is speculation, we do not comment," BMW said. The senior executive, who declined to be named because the plan is not public, said: "This will create an ecosystem which can also be used for managing robotaxi (driverless taxi) fleets." BMW would contribute its ParkNow and ChargeNow businesses to the common company, the executive said, adding that there were still differences of opinion over the valuation of Car2Go. The market for ride-hailing services currently makes up around 33 percent of the global taxi market, and could grow eightfold to $285 billion by 2030, once autonomous robotaxis are in operation, Goldman Sachs said in a recent research note. BMW and Daimler are now working on developing autonomous cars, vehicles which could enable them to up-end the market for taxi and ride-hailing services.

BMW, Toyota outline new tech joint venture, new sports car

Back in June, Toyota and BMW announced a "memorandum of understanding" outlining plans for the two companies to join forces on future products and technology development. On Thursday, they signed a more formal and binding agreement that goes further into detail about the partnership, and it all sounds pretty exciting. The two announced they will work together in four main areas:
Joint development of a fuel cell system
"Set up a feasibility study to define a joint platform concept for a mid-size sports vehicle"