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BMW M3 gets throwback livery for Oktoberfest [w/video]

BMW is ringing in Oktoberfest this year with the special M3 you see here. The performance sedan has been done up in a retro livery that harkens back one of the BMW M1 Procars from 1981, and was even designed by the same artist responsible for the original 34 years ago. But you'll have to go to Munich to see it. To understand the significance of the livery, you first have to know something about the BMW M1 Procar. The spec racing series was formed in 1979 around the M1, the legendary mid-engined sports car designed by Giorgetto Giugiaro and co-developed with Lamborghini. The road-going M1 models used in the series were modified for racing with more powerful engines, more aggressive aero, and other competition-spec components, and were driven by many F1 drivers in support races at European grands prix. Some even competed against other entries in broader races. Many of the cars featured liveries with BMW's signature red, dark blue, and light blue stripes, but others ran more unique color schemes. The "Munchner Wirte" (Munich hosts) car was one such example, running at Le Mans with a custom livery designed and hand-painted by artist Walter Maurer. It featured Munich landmarks like the Olympic Stadium, Frauenkirche church and BMW's headquarters, along with a roast-chestnut vendor and an Oktoberfest beer tent. 34 years later, Maurer has applied the same livery to the M3 you see here. It'll be displayed at this year's Oktoberfest, which kicks off this weekend in – you guessed it – Munich. As if we needed another excuse to visit Europe in the fall and swill some of the world's finest beers by the liter. Check out the video below for BMW's official welcome to Oktoberfest visitors. Oktoberfest date for one-off BMW M3 "Munchner Wirte". Munich. BMW M GmbH is set to unveil a BMW M3 in "Munchner Wirte" livery to coincide with this year's Oktoberfest in Munich (19 September – 4 October). The one-off car will underscore the company's ties with motor sport in general and the city of Munich in particular. The livery design of the BMW M3 "Munchner Wirte" harks back to that of the legendary BMW M1 Procar from 1981, complete with Bavarian-style facade painting and blue and white twisted cords, along with depictions of Munich landmarks (such as the Olympic Stadium, Siegestor, Frauenkirche church and BMW's headquarters – the "four-cylinder" building), a roast chestnut seller and the Wiesn-Schanke beer tent at the Oktoberfest.

BMW profit of $2.7B is down as automaker invests to keep luxury lead

Despite selling 6.6-percent more vehicles - a record by volume - and posting higher revenues in the second quarter of 2013, BMW Group's profit of 2.07 million euros ($2.75 billion) is down 8.8 percent from last year. Investments in new technology (e.g. the new i3) and personnel, in addition to a competitive market, are to blame, BMW states. But the automaker remains committed to its fiscal targets for 2013, which, Chairman of the Board of Management of BMW AG, Norbert Reithofer, says will be "on a similar scale to 2012."
The BMW brand's sales performance in the first half of the year, which increased by 7.7 percent to 804,258 vehicles delivered, was good enough for it to maintain its lead in the luxury market, narrowly beating Audi, which delivered 780,510 vehicles, Automotive News reports. Mercedes-Benz delivered 694,433 vehicles to cement third place.

BMW M2 reportedly green-lit

A BMW M2 is on the way, according to a sub-forum in the Bimmerpost empire. Of course, we're actively enjoying a few grains of salt, just to be safe, as the post doesn't mention explicit sources, saying only that "multiple inside sources (who have been accurate in the past)," have confirmed the car.
Provided the forum is correct, though, there's some juicy information here. Production is allegedly slated for late fall 2015, with deliveries likely starting in early 2016. The new sports coupe should arrive with 365 to 375 horsepower, courtesy of an upgraded version of BMW's N55 turbocharged, 3.0-liter inline-six.
The report claims BMW also considered a modified version of the 2.0-liter, turbocharged four-cylinder found in the Mini Cooper S. That engine, known internally as the B48, would have been called the S48 for M2 duty, a significance that we're sure BMW purists would appreciate (the only BMW engine to wear an S designation was the four-cylinder from the legendary E30 M3).