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BMW Z8, Lambo LM002 sell for $192,500 apiece in Detroit [w/poll]

Think a car are a bad investment? That all depends on what kind of car you're talking about. Because while most cars depreciate in value as soon as you drive them off the lot, others can do even better than hold their value. The cars that appreciate tend to be pretty high-end exotics, but they don't have to be multi-million-dollar classics to command a premium at auction. Just look at the results from RM Sotheby's Motor City sale in Detroit this past weekend. The auction house moved a solid $7.4 million worth of metal, which is pretty impressive when you consider that – unlike events at Lake Como or Pebble Beach – not one of the lots dipped into seven figures. 1930s-era American classics performed the strongest, with Duesenbergs, Packards, Auburns and the like all fetching hundreds of thousands. But what intrigued us most were the European exotics that rounded the top ten results. Amidst the Depression-era American steel were a BMW Z8 from 2001 and a 1988 Lamborghini LM002, each of which sold for an equal $192,500. Hardly the highest figures paid for European exotics this year, but considering how much they were worth just a few years ago, they've proven solid investments. BMW only made 5,703 examples of the Henrik Fisker-designed retro Z8, of which only 2,543 were brought to the United States, where they originally sold for $128,000. The most anyone had ever paid for one at auction, according to Sports Car Market, was $184,082, just this past March at Silverstone. That makes the price achieved this weekend a new record for one of the slinkiest vehicles the Bavarian automaker has ever made, representing an impressive 50-percent increase in value over the course of fourteen years. This particular example – chassis WBAEJ13481AH60437 for those keeping track – is decked out in silver over black, with less than 15,500 miles on the odometer. This Rambo Lambo was produced early in the 301-unit production run, with the sought-after carbureted engine and 32,000 miles on the clock. It didn't set any records at the same price, other examples of the LM002 having traded over the past few years for over $200k. But considering that Sant'Agata originally charged around $120-130k for the SUV when it was new, its selling price still represents about 50-percent appreciation (leaving inflation aside).

BMW 1 Series sedan prepares to fight Mercedes CLA, Audi A3

The entry-level premium sedan segment is pretty hot right now, with the Audi A3 and Mercedes-Benz CLA-Class doing well for their respective automakers here in the US. Of course, BMW has its 2 Series, but that's currently only available as a coupe, with a convertible bodystyle forthcoming. That all looks to change, however, as our spies recently caught BMW testing a four-door 1 Series sedan that seems to have the A3 and CLA clear in its sight.
BMW's entry-level four-door is expected to ride on the same front-wheel-drive UKL platform that we recently spied in Mini Countryman form. We're pretty sure this thing will launch under the 1 Series line (odds for sedans and wagons, evens for coupes and convertibles), but it's anyone's guess with BMW - after all, the five-door, front-drive Active Tourer wears a 2 Series nameplate.
Look for the 1 Series sedan to launch sometime in 2016 as a 2017 model. Better late than never in the entry-lux segment, we suppose.

2017 BMW 3 Series GT update includes two new engines

BMW has treated the hatchback 3 Series Gran Turismo (not to be confused with the hatchback 4 Series Gran Coupe) to some updates for the 2017 model year. The biggest change is the introduction of the company's latest four- and six-cylinder engines, but along with them come some updates to appearance and equipment. Of the 18 powertrains BMW will offer globally in the 2017 3 Series GT, the United States will once again receive only two. Both of the new 3 GT engines come from BMW's latest modular engine architecture, which spits out three-, four-, and six-cylinders. Replacing the previous 328i Gran Turismo is a new 330i, powered by a 2.0-liter turbocharged inline-four good for 252 horsepower (instead of 240) and 258 pound-feet of torque (up modestly from 255). The outgoing 335i is replaced by the new 340i, with a 3.0-liter turbo six rated at 326 hp and 332 lb-ft, up from an even 300 hp and 300 lb-ft for the outgoing 3.0-liter six. Both models come standard with xDrive all-wheel drive and an eight-speed automatic as before. The 340i and its new engine have already made it to the refreshed 3 sedan launched last year, while the 330i and its four-cylinder are not yet part of the sedan or wagon lineup (or the 4 Series, for that matter). We expect the engine and name change to migrate to them in the next year or so. In addition to the engine updates, the 2017 3 GT also receives visual tweaks like those on the 2016 sedan, including new LED headlights, taillights, daytime running lights, and fog lights. Matte chrome exterior trim now comes standard, and there's a new rear bumper design. The interior gets chrome accents and a few other changes that we found helped make the sedan feel a bit more rich, fixing the downmarket feel of the early 3s of this generation. The latest iDrive infotainment, version 5.0, is also included with the navigation option. Buyers will again be able to select from a variety of option bundles including Luxury, M Sport, Lighting, and Cold Weather packages. The car's structure remains unchanged, which means the same hatchback body and longer wheelbase that bridge the gap between the sedan and wagon. It's a style-practicality compromise that continues to be polarizing, but at least the 3 gives you options. Related Video: The new BMW 3 Series Gran Turismo. BMW is preparing to launch the latest BMW 3 Series Gran Turismo in time for the start of summer.