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These are the top luxury cars bought by people entering the segment for the first time

Let's say you just got a big promotion at work or the kids are moving out of the house, and you finally have some extra money. You decide to blow it all at once and treat yourself by upgrading your ride. Naturally, you look to a luxury automaker. What do you choose?
Models like the Audi A3 and Mercedes-Benz CLA-Class may be tailor-made to introduce buyers to the premium segment, but a new study finds that they don't garner the highest rates of non-luxury customer conquests. It turns out that a Volvo leads among folks moving up to a premium brand, and it isn't even one that's made anymore, at that.
A recent study by Polk and IHS Automotive looked at what models had the highest rates of buyers upgrading from a non-luxury segment. The information comes from its new vehicle registration data through April 2014. All ten top models boasted conquest rates of over 50 percent, but the Volvo C70 led the field with 68.01 percent of its customers coming from non-premium brands.

Magna Steyr to assemble as many as 70,000 BMW 5 Series models yearly

Soon, not all BMW 5 Series models will be assembled by BMW. Yes, we know that sounds strange, but it's not at all uncommon. For instance, the Mini Paceman and Countryman hatchbacks – and remember, the Mini brand is owned by BMW – are assembled in Graz, Austria, by Magna Steyr, a company that specializes in building cars for other automakers. Soon, though, the contract Mini has with Magna Steyr will be coming to an end, and that means the Austrian company will have excess capacity on its hands. That production capacity will be filled soon enough, however, by BMW 5 Series models, according to a report from Automobil Produktion in Germany. Magna Steyr will build between 50,000 and 70,000 of BMW's mid-level model, according to the report, but there's no indication of which 5 Series model or models (and there are many shapes and sizes to choose...) will be moved to Austria from BMW's plant in Dingolfing in southern Germany. With 373,053 units sold in 2014, the 5 Series is BMW's second-most-popular model, after the 3 Series. BMW told Automotive News Europe that it doesn't comment on those kinds of reports, which, as is usually the case, is neither confirmation nor denial. It's worth noting that the two-door Mini Paceman isn't a part of the brand's plans moving past 2015, though the Countryman soft-roader that currently stands as the largest member of the automaker's family will soldier on. Related Video: Related Gallery 2014 BMW 5 Series sedan View 29 Photos News Source: Automobil Produktion via Automotive News Europe - sub. req.Image Credit: Markus Leodolter / AP Plants/Manufacturing BMW MINI Hatchback Wagon Luxury Performance Sedan austria

The 570-hp AC Schnitzer ACL2 Concept tries to one-up the M2

AC Schnitzer's new ACL2 concept aims to outdo the BMW M2 at the Geneva Motor Show. To out-muscle the latest M car, the German tuner starts with an M235i and installs the M4's 3.0-liter inline-six. The company also turns up the power to 570 horsepower – a healthy upgrade over 365 hp from the M2's 3.0-liter. The power bump lets the ACL2 reach 62 miles per hour in 3.9 seconds and hit a top speed of 205 miles per hour, AC Schnitzer claims. Those figures make the coupe a few tenths quicker than the M2's 4.2-second to 60 mph sprint, but BMW limits its creation to 155 mph. AC Schnitzer's long list of upgrades makes the impressive performance possible. To get the most out of the engine, the company installs a carbon fiber intake. It also replaces the most of the exhaust, including the downpipe, catalytic converter and tailpipes. Carbon-ceramic brake discs make sure a driver can control so much power, and the company fits a fully adjustable suspension to aid handling. The ACL2's body is too loud for our tastes even through the subdued dark green paint, but the extensive use of carbon fiber parts should keep weight down. AC Schnitzer adds a road-scraping front splitter with canards at each corner. The rear has a similarly aggressive diffuser and huge wing. The wider fenders also add 5.5 inches to the coupe's width, and 20-inch wheels sit underneath them. The ACL2 doesn't get to challenge the M2 on the Autobahn yet because AC Schnitzer says it's just a concept. The coupe exists simply for the company's product development. However, if you want to put all of these bits together, the final cost would be 149,000 euros ($161,500 at current exchange rates), the tuner claims. Related Video: