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BMW will be featured marque at 2016 Goodwood Festival of Speed

As part of BMW's centenary celebration, it has been named the featured marque at the 2016 Goodwood Festival of Speed. That means we'll see plenty of Bimmers on track, but it also means a few will be hoisted in the air on this year's version of the famous Gerry Judah sculpture. That sculpture takes center stage on the Goodwood House's front lawn, blending metal with actual automotive machinery for a striking display that serves as the centerpiece for the entire Festival of Speed. This year, it will feature three race-ready BMWs – the 328 Mille Miglia Roadster, a Brabham-BMW BT52 Formula 1 car, and a Le Mans-winning V12 LMR. Consider the racing bases covered. And since this is England, it's only fitting that Rolls-Royce and Mini will stand alongside their parent company during this year's event – Rolls-Royce is headquartered down the road. BMW Motorrad will feature prominently, as well, and the M Brand will have its own "M Avenue," which will feature M cars sold over the past 40 years, including more than a few of the M cars our editors chose in their list of the greatest BMWs. You can also expect BMW's birthday present to itself, the futuristic Vision Next 100 concept, to receive a prominent placement at Goodwood. And of course historical and modern BMW models will be taking to the Goodwood Hill Climb course alongside the usual slate of performance vehicles, racecars, and concept vehicles from other brands. The 2016 Goodwood Festival of Speed runs from June 23 to 26. Related Video:

Petrolicious reconnects with the BMW M coupe

With the look of a clown shoe on wheels, the BMW M Coupe was a product of using what was around to create something great. Starting with the Z3 convertible, BMW's engineering team added a bulbous roof to improve rigidity, and for the M version, it dropped in the inline six from the contemporary M3. While the result wasn't a beauty queen, the car more than made up for any aesthetic complaints in driving pleasure. Petrolicious talks to owner Alex McCulloch about just what makes the tiny three-door so special in its latest video. With a fairly short wheelbase, plenty of power, and a rear suspension from the E30-chassis BMW 3 Series, the M Coupe can be a quite handful at the limit. "I used to say it wanted to kill me, but now we've reached an agreement where it's not quite as murderous," McCulloch says. He's eventually found that the only real way to exploit the coupe to its fullest is on the track, where he competes in time trials. To get lap times as low as possible, the BMW now wears quite a few mods, but McCulloch says that it's all reversible. Figure out what competitive hang gliding has to do with driving in this clip from Petrolicious. Related Video:

BMW, Toyota warn about Chinese market slowing down

BMW and Toyota are the latest automakers to become concerned about the closing throttle on the once rapidly accelerating vehicle market in China. There might be drastic effects on their ledgers at the end of the year. With the Chinese stock market no longer looking so healthy, the people just aren't buying as many new cars as in the past. Things got really bad in June after the first drop in deliveries in two years. BMW has already reduced Chinese production by 16,000 units so far this year. Despite the slowdown, the company has kept a brave face. "We experience that volatility in all emerging markets," BMW CEO Harald Krueger said in a conference call, according to Automotive News. The problem for Toyota is a bit stranger. Through July, the automaker's Chinese deliveries were actually up 12 percent. However, the gain was offset by falling sales prices. "This is making our business in China quite difficult. The business environment is getting tougher," Toyota Managing Officer Tetsuya Otake said, Automotive News reported. Much of the weakness in China has come in the middle part of the year, and from January through June deliveries were still up 8.4 percent. This means the effects haven't hit the financial results of some automakers too hard quite yet. In the second quarter, General Motors referenced the "challenging conditions" there but still posted a growing net income of $1.1 billion. Despite falling global sales, Toyota managed record income for the quarter, too.