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Watch the BMW M4 GTS lap the Nurburgring in under 7:28

When BMW unveiled the new M4 GTS back in October, it said it could lap the Nurburgring in 7 minutes and 28 seconds. That's all well and fine in terms of bragging rights, but what Bimmer enthusiasts have been waiting for is the proof. And here it is, in ultra-HD 4k glory. In the video above, you can see the new M4 GTS scything its way through the Green Hell of the Eifel mountains. Behind the wheel is M GmbH engineer and racing driver Joerg Weidinger, who helpfully narrates the video to show us exactly how he tackled each and every corner along the 14-mile circuit. Which may come in handy for those with a season pass to the Nordschleife, but the rest of us are more concerned with that lap time and how it holds up. To put it plainly, the 7:27.88 lap makes the new GTS not only the fastest in the M3/M4 line to date, but the fastest production Bimmer ever clocked around the 'Ring. It handily beats the previous M3 CSL (7:50) and the stock M4 (7:52), and even trounces more powerful Bavarian machinery like the Z8, M5, and M6. There've been a handful of BMW-powered racers, motorcycles, and prototypes (not to mention the McLaren F1) that have clocked faster times, but as far as four-wheeled, standard production Munich-mobiles go, the new M4 GTS is the new King of the Ring. It also just so happens to match or beat the best times clocked by the more exotic likes of the Ferrari 458 Italia, McLaren MP4-12C, and Porsche Carrera GT – putting the M4 GTS in rare company indeed.

2016 BMW M3 gains new colors, LED taillights

The BMW 3 Series gets a few new models and some significant mechanical tweaks for its recently announced 2016 refresh. At the same time, the Bavarian brand is taking the opportunity to make some much more minor adjustments to the M3, too. BMW didn't mention the M3's changes in its announcement of the 3 Series refresh, but company spokesperson Hector Arellano-Belloc explained the updates to Autoblog. On the outside, the sport sedan now comes with full LED taillights, and the exterior is available with new colors from BMW Individual: Smoked Topaz Metallic and Champagne Quartz Metallic. The shades join Tanzanite Blue Metallic and Azurite Black Metallic from the brand's bespoke division. Under the hood, everything is the same with a twin-turbo, 3.0-liter inline-six engine making 425 horsepower and 406 pound-feet of torque. Inside, the M3 gains the improved navigation system from the 3 Series that features over-the-air map upgrades. There's more chrome trim around the interior, as well. "Given how new it is, the changes to the M3 are minimal," said Arellano-Belloc to Autoblog. However, the tweaks show that BMW is trying to keep the performance sedan at the top of its game.

BMW, Sixt carsharing making money most places

The DriveNow carsharing service, which is a partnership between BMW and Sixt, is growing quite rapidly. "We've been surprised about the explosion of new subscriptions, which has helped boost revenue," says Sixt CEO Erich Sixt. The number of DriveNow users has increased from 215,000 at the end of last year to 300,000 today. Sixt says that DriveNow has been profitable in cities in which it has been established for over a year. Perhaps encouraged by its unexpected success, DriveNow is set to expand even further. The service is currently available in five German cities, as well as in San Francisco, California, and the involved parties are considering a five-year plan to expand to 25 more cities in Europe and the US. Still, Sixt expects DriveNow to report a "small-to-medium, single-digit" loss for this year, according to Sixt CFO Julian zu Putlitz. It's no big deal, just the result of startup costs in new areas. Sixt, which is Germany's largest car rental company, also reported that its own second-quarter income rose 12 percent to $37.7 million, while sales rose 7.6 percent to $585.78 million. DriveNow uses a membership and pay-per-minute model that allows customers to rent BMW and Mini vehicles as they need them. The service also acts as a way to let potential customers try out the vehicles and familiarize themselves with the brands before they buy cars of their own at some point. Depending on the location, DriveNow's fleet includes the BMW 1 Series, ActiveE and X1, as well as several Mini vehicles like the Cooper, Clubman and Countryman. Featured Gallery 2012 BMW ActiveE: First Drive View 31 Photos News Source: BloombergImage Credit: Copyright 2014 AOL Green BMW MINI car sharing profit revenue drivenow sixt