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BMW matriarch Johanna Quandt dies at 89

Johanna Quandt, matriarch of the family that owns the largest stake in BMW, has died at age 89. One of the world's richest women, Quandt ranked in her own right as the eighth wealthiest individual in Germany, and one of the 100 wealthiest billionaires in the world. Johanna Maria Bruhn was born in June 1926, the daughter of art historians in Berlin. She trained in medical technology before the outbreak of World War II, and after the war worked as a banker's secretary in Cologne. She started working for Herbert Quandt in Bad Homburg, near Frankfurt, in the mid-1950s, and eventually became his personal assistant. They married in 1960, shortly after increasing the family's stake in BMW to 50 percent in order to stave off a takeover attempt by Daimler-Benz. The Quandt family's fortune was controversially amassed during the war. Herbert's father, Gunther Quandt, was a top Nazi-era industrialist named by Adolf Hitler as a Wehrwirtschaftsfuhrer – Leader of the Armament Economy. After Herbert's mother Antonie died, Gunther remarried to Magda, a much younger woman. Following their subsequent divorce, Magda married Nazi master propagandist Joseph Goebbels (with Hitler as best man), and together raised Herbert's half-brother Harald. A recent documentary found that the AFA, the company that the Quandts controlled during WWII, used slave labor provided by the Nazi regime to manufacture battery and munitions for the German war effort. Due to the subhuman living and working conditions, AFA lost approximately 80 forced laborers each month. Despite earlier denial of any wartime wrongdoing, the documentary and ensuing public attention prompted the Quandts to open their books to another investigation that confirmed their wartime activities. The Quandts would later use the capital they amassed to buy BMW, of which they still hold 46.7 percent – the remaining 53.3 percent traded publicly. Following Herbert's death in 1982, Johanna took over 16.7 percent ownership in the company, with their son Stefan Quandt acquiring 17.4 percent and their daughter Susanne Klatten assuming 12.6 percent ownership. Stefan and Susanne, both members of BMW's supervisory board since 1997, are expected to inherit their mother's shares following her passing. Johanna's personal fortune was estimated at nearly $14 billion. Though reclusive from media and public attention, she gave generously to charitable foundations that supported such causes as medical research and business journalism.

BMW M2 is proof good things come in small M-badged packages

BMW released the new M2 several months ago. But it wasn't until today that we got to see the new sport coupe in the metal here on the floor of the Detroit Auto Show. The spiritual successor to the legendary BMW 2002 Turbo from the 1970s, the new M2 packs a potent inline-six up front driving the rear wheels. That 3.0-liter turbo six is good for 365 horsepower and 343 pound-feet of torque, paired to either a six-speed manual or available seven-speed dual-clutch transmission. In a package weighing just 3,500 pounds (a little less with the stick, a more with the DCT), that's enough to send the M2 from a standstill to 60 miles per hour in as little as 4.2 seconds (4.4 with the manual) and on to an electronically limited top speed of 155 miles per hour. That's enough to make us forget all about the M235i that packs 45 fewer horsepower and the previous 1 Series M Coupe with 30 less – and makes us second-guess the prospect of the costlier M4 and its 60-horse advantage. Throw in other goodies like 19-inch Michelin Pilot Super Sport rubber, an active differential, and a seriously aggressive-looking body kit, and the new M2 suddenly looks like a world-beater that we can hardly wait to drive. BMW at the North American International Auto Show (NAIAS) 2016 in Detroit. BMW is set to enter its anniversary year of 2016 on a powerful note. With the centenary of its founding just around the corner, the company is using the North American International Auto Show (NAIAS), taking place in Detroit from 11 – 24 January, to host the world premieres of the new BMW M2 and BMW X4 M40i performance models. Joining the two new cars at the stand will be the trailblazing BMW i models and innovative services covering every aspect of electric mobility. BMW ConnectedDrive, meanwhile, is showcasing its latest range of applications and systems, such as Remote Control Parking. The BMW Group's successful involvement in North America dates back more than 40 years. Bayerische Motorenwerke has been represented in the USA by its subsidiary BMW of North America since 1975, and the company went on to build its own production facility in Spartanburg, South Carolina in 1992.

BMW 3 Series Gran Turismo gets leaked well ahead of Geneva reveal

The great power of the internet has allowed us to get an early first look at the all-new BMW 3 Series Gran Turismo, a car that is slated to be shown in full at the Geneva Motor Show next month, albeit without many details to go on right now. With pictures leaking out this early in the game, we'd expect that you won't have to wait until March to get the full lowdown, however.
Our first look at the 3er GT reveals a car that is, to our eyes, a tidier piece of design work than its 5 Series GT brother. The long-backside proportions are still a bit ungainly, at least from these images, but they're helped tremendously with the larger wheel/tire package and more aggressive fascia of the sport package.
Expect the 3 Series GT to hit the ground running, with the same turbocharged 2.0-liter four-cylinder and 3.0-liter inline-six found in the standard 3 Series sedan. BMW's popular xDrive all-wheel-drive system is a virtual lock for the option sheet, too.