2007 Bmw M6 on 2040-cars

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Automakers are getting nervous about Europe's economy

Carmakers BMW and Stellantis on Thursday expressed concerns about Europe's economic outlook, joining a chorus of retailers and others in warning of waning consumer confidence on the continent and hitting their shares. "Obviously the macro(-economic situation) in Europe is more challenging, which gives me pause, personally," Stellantis chief financial officer Richard Palmer said on a conference call with analysts. "If there was anywhere where I was more concerned, it would be Europe than anywhere else really based on the macro." This follows a dire assessment of consumer sentiment in Europe from the likes of consumer goods company Unilever and news of lower spending by Europeans from Amazon. Like other major auto companies, Stellantis and BMW have been hit by supply chain disruptions stemming from the global coronavirus pandemic that have curtailed car production. They have also benefited from strong consumer demand amid low vehicle supply, allowing them to raise prices and keep them high even as the semiconductor shortage shows signs of easing. BMW posted a 35.3% jump in third-quarter revenue despite a small drop in vehicle sales. Stellantis said its revenue rose 29% on the back of a 13% increase in vehicle sales as more semiconductors became available. The concern among analysts has been that demand may falter, just as carmakers get their hands on the supplies they need, undermining pricing and hurting profits. But this week Ferrari said it was confident about its prospects for this year and 2023 as demand for its luxury cars, as well its pricing power, remained strong. Both BMW and Stellantis said on Thursday they had vehicle order books that stretched into the second quarter of 2023. But BMW's chief financial officer Nicolas Peter said high inflation and rising interest rates could hit buyers' wallets. "This is causing conditions for consumers to deteriorate, which will affect their behaviour in the coming months," he said. "We therefore continue to expect our higher-than-average order books to normalise, especially in Europe." He added customers had been unhappy about the wait for new cars, so "a slight reduction (in orders) would not be negative." Palmer said Stellantis was "ready for any softness in demand" but in the short term had been affected by a shortage of drivers to deliver its cars to dealers. "At the moment, we can't build enough cars," he said.

BMW i8 official images leak ahead of Frankfurt [w/video]

The new BMW i8 plug-in electric supercar isn't set to make its official debut until September 10, when it will glide onto the Frankfurt Motor Show stage amidst a sea of flash photography. Of course, that isn't so true in today's world, where debuts are always preceded (often carefully) by "leaks."
Take this trio of images of the BMW i8 - there's just enough of the exterior on display in the profile shot to draw attention, without showing important styling points that might be present on the front or back of the car. The same goes for the video attached below. The cabin shot is cool, but isn't particularly earth-shattering when it comes to BMW interiors. As for the skeletal shot, we can see the 1.5-liter, turbocharged engine positioned between the rear axles, the battery pack found in what would be the transmission tunnel and the front-mounted electric motors.
We'll have a full set of live images when the BMW i8 makes its debut in Frankfurt next week. Until then, have a look in the gallery and at the video below, and let us know what you think of BMW's next big thing.

BMW X4 M40i leaks ahead of LA Auto Show

Leaked photos of the higher-performance BMW X4 M40i emerged today ahead of its expected debut at the 2015 LA Auto Show. The new model builds on the xDrive35i model, offering an extra 60 horsepower and 43 pound-feet of torque. The hotted-up X4 should use that power well. According to Auto Guide, it will hit 62 miles per hour in 4.9 seconds and should be limited to a top speed of 155 mph – a notable improvement over the existing xDrive35i, which takes 5.2 seconds to hit 60 and has a top speed of 130 mph. Expect the X4 M40i to be followed by an similar version using the X3's more versatile body style, both of which will use an eight-speed automatic and a more aggressive all-wheel-drive setup. Despite the "M" in its name, this is not a full-blown M car. Instead, it takes the same tack BMW has used for the M235i here in America, as well as the M50d models sold in Europe: higher performance over stock, without offering the full enchilada that is a proper M car. That explains the slightly more aggressive body kit, which isn't as sporting as that of a proper M car. On top of the new front and rear clips, there's a set of meaty 19-inch wheels that look to be wrapped in sporty Michelin Pilot Super Sport tires. In the cabin, an oversized M-branded steering wheel is the most notable addition. Naturally, we'll have the full range of details on the X4 M40i when it debuts in a couple of months in LA. Related Video: The video meant to be presented here is no longer available. Sorry for the inconvenience.