2003 Bmw M5 Base Sedan 4-door 5.0l on 2040-cars
Dawsonville, Georgia, United States
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This is quite possibly the NICEST, CLEANEST 2003 BMW M5 in the Country, It is like new in every way. It has been garage kept since new. I bought the car 16 months ago and just don't ever get the chance to drive it. It has all books, records, window sticker, manuals, brochures, a custom car cover, all keys, has several pieces of literature about the car. It has been in Georgia since new. No Rust or corrosion, No Acid Rain, NEVER wrecked or damaged in any way. I replaced the windshield due to a tiny crack. It has the rain sensing wiper system. The Interior is Black All Leather Nappa Heritage. The interior is immaculate with no tears or cracks at all. The door panels are perfect. Everything works as it should. The exterior is Titanium Silver. The paint is flawless. There are 2 or 3 VERY small rock chips on the front of the hood. The wheels are not damaged at all, and the Tires are all better than 70% tread remaining and are Michelin Pilot's. The car has NEVER been smoked in and still smells new. I can't stress enough how immaculate this car is. I've owner several of these cars and this one is truly the nicest car I've seen. If I time to enjoy it, I would never sell it. I'm not desperate to sell, so please no stupid low ball offers. I have the title in hand. PLEASE do your homework and realize just how collectable the 2003 M5's have become. Feel free to call 770-616-5322 with any questions. I will be happy to help arrange shipping at buyers expense or I will gladly pick the buyer up at The Atlanta Airport. 10% due at end of listing, FULL balance due within 7 days. Thanks for looking and Happy Holidays.
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BMW, Toyota outline new tech joint venture, new sports car
Fri, 25 Jan 2013Back 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"
BMW profit of $2.7B is down as automaker invests to keep luxury lead
Fri, 02 Aug 2013
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 considering North American engine plant?
Fri, 13 Dec 2013BMW may be set to expand its US operations with a new engine plant, Bloomberg reports. The Bavarian automaker already has its Spartanburg, SC factory which builds the company's X3, X5 and X6 crossovers. According to the story, Mexico is also under consideration for the BMW engine factory, with the report claiming a final decision will be made in 2014.
"Establishing local motor manufacturing abroad is more complex than assembling cars, but it's a logical step for them to eventually start making engines in markets where they're expanding vehicle production," Juergen Pieper, an analyst for Bankhaus Metzler tells Bloomberg. Building engines in the US or Mexico would save BMW from having to ship engines for some of its most popular models across the Atlantic.
BMW, for its part, hasn't said anything concrete. Spokesman Mathias Schmidt is quoted in the story saying, "As part of our long-term growth strategy, we're frequently looking at different countries for possible locations of future production facilities. No decisions have been made yet, though, for an additional plant."