2005 Bmw X5 4.4i, 282hp V8, All-wheel-drive, Navigation, Pano Roof, Heated Leath on 2040-cars

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BMW revises X1 to tide it over until replacement

It's been over five years since BMW first introduced the X1 at the 2008 Paris Motor Show, and a bit over a year since it brought the compact crossover to these shores. Soon the Bavarian automaker will replace the X1 with a new model based on the company's new front-drive architecture, but not before it gives it a few updates to keep it fresh.
Set to be unveiled at the Detroit Auto Show next month alongside the Z4 Pure Fusion Design and the new M3 sedan and M4 coupe, the enhanced X1 benefits from some new exterior accents, a spruced-up interior and new technology packed inside.
New air intakes in the bumper and integrated daytime driving lights distinguish the front end, with new wheel and color options available. Inside, certain versions get a new dashboard treatment, among other minor trim updates, and BMW has installed its latest ConnectedDrive suite to keep it up with the times. Scroll down for the full details.

Two rare Alpina BMWs given the Petrolicious treatment

Alpina is getting more and more ink because of because of that rolling cannonade known as the B7 and its closer ties with BMW. The company's tuning business dates to 1962 when Burkard Bovensiepen began fiddling with Weber carburetors, then his company began racing in 1968 and was eventually certified as an automaker in 1983.
Two of its rarer specimens from those early years have gotten a glance from the folks at Petrolicious: the E24 B10 and E24 B7S. Based on the BMW 6 Series, the Alpina versions made one of the most special coupes from the Eighties even more so. According to the video, there were only 44 B10s made, and the turbocharged, 333-horsepower B7S - this was in a luxury coupe in 1982, mind you - saw only 33 examples produced.
You won't be sorry to find out more about them - and see how they run - in the Petrolicious video below.

BMW warns profits will fall, plans $13.6 billion in cost-cutting

FRANKFURT, Germany — BMW said Wednesday that profits in 2019 will be "well below" last year's, and it will cut 12 billion euros ($13.6 billion) in costs by the end of 2022 to offset spending on new technology. The company said profits would be eroded by higher raw materials prices, the costs of compliance with tougher emissions requirements and unfavorable shifts in currency exchange rates. The Munich-based automaker also faces increased uncertainty due to international trade conflicts that could lead to higher tariffs. "Depending on how conditions develop, our guidance may be subject to additional risks; in particular, the risk of a no-deal Brexit and ongoing developments in international trade policy," said Chief Financial Officer Nicolas Peter. The company forecast a profit margin of 6 to 8 percent for its automotive business, short of the long-term strategic target of 8 to 10 percent, which it said still "remains the ambition" for the company if given "a stable business environment." BMW said it had no plans for layoffs even as it outlined cost saving measures that include dropping half of its engine variants as it seeks to reduce product complexity. The BMW, Mini and Rolls-Royce brands are to get a single sales division. Peter said that given the headwinds to earnings, "we began to introduce countermeasures at an early stage and have taken a number of far-reaching decisions." The company said the measures were needed "to offset the ongoing high level of upfront expenditure required to embrace the mobility of the future." Automakers around the world have faced heavy up-front costs for technology expected to change how people get from one place to another in the next decade. Those include electric cars and renting cars through smartphone apps. Yet the returns from such investments remain uncertain and auto companies face competition from tech firms such as Uber and Waymo. BMW made 7.2 billion euros ($8.2 billion) in net profit last year, down 17 percent from 2017, when it booked a gain of $1 billion from U.S. tax changes. The company faced headwinds from increased tariffs on vehicles exported to China from the United States. It also suffered from turmoil on the German auto market when companies faced bottlenecks getting cars certified for new emissions rules. BMW faces uncertainty from U.S.-China trade tensions that could result in new tariffs if talks do not result in an agreement. U.S.