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BMW, Toyota warn about Chinese market slowing down

BMW and Toyota are the latest automakers to become concerned about the closing throttle on the once rapidly accelerating vehicle market in China. There might be drastic effects on their ledgers at the end of the year. With the Chinese stock market no longer looking so healthy, the people just aren't buying as many new cars as in the past. Things got really bad in June after the first drop in deliveries in two years. BMW has already reduced Chinese production by 16,000 units so far this year. Despite the slowdown, the company has kept a brave face. "We experience that volatility in all emerging markets," BMW CEO Harald Krueger said in a conference call, according to Automotive News. The problem for Toyota is a bit stranger. Through July, the automaker's Chinese deliveries were actually up 12 percent. However, the gain was offset by falling sales prices. "This is making our business in China quite difficult. The business environment is getting tougher," Toyota Managing Officer Tetsuya Otake said, Automotive News reported. Much of the weakness in China has come in the middle part of the year, and from January through June deliveries were still up 8.4 percent. This means the effects haven't hit the financial results of some automakers too hard quite yet. In the second quarter, General Motors referenced the "challenging conditions" there but still posted a growing net income of $1.1 billion. Despite falling global sales, Toyota managed record income for the quarter, too.

Watch the next BMW M5 slide its way around the Nurburgring

By now, you've probably seen the spy photos of the next BMW M5 – we posted three sets of camouflaged cars last year. Now comes recently captured video showing three camouflaged examples – including the car shown in our June 2015 photos – lapping Germany's famed Nurburgring. The (obvious) advantage of video when looking at prototypes like this is that we can actually see the vehicle in motion. That allows us to make a couple of educated guesses, particularly when it comes to the rumors about the next M5 moving to an all-wheel-drive setup. In the video, we can clearly see the next super-sedan throw its tail out around a bend. Judging by the way the driver takes the turn and the change in engine note, it looks and sounds like the driver was actively trying to throw the tail out. That could point to a rear-drive layout, or at the very least an AWD setup with a heavy rear-wheel bias. Beyond seeing the M5 sliding about, we also get to hear its thumping, twin-turbo heart at work. It's widely expected BMW's popular 4.4-liter, twin-turbo V8 will carry on under the hood, and this video gives us absolutely zero reason to think otherwise. It sounds a lot like the current car, down to the abrupt upshifts of the seven-speed, dual-clutch transmission. According to the video's caption, that upgraded V8 should get around a 60-horsepower bump, which would put it around 620 hp. That's 20 ponies more than the 30th Anniversary car and would contradict a June 2015 report claiming that M was capping its cars at 600 hp. Related Video:

Audi leading rival BMW in worldwide luxury sales race

If you thought competition among the German luxury automakers was hot before, it looks like things are just getting started. For the first two months of the year, Audi has sold more cars than BMW worldwide by just 383 cars.
Audi claims to have sold 242,400 vehicles through February, up 9.3 percent from last year, compared to 242,017 units from BMW, up 8.9 percent, in the same period. While the advantage is tiny, its implications could be huge because Bimmer has been the leader in the premium car segment for the last nine consecutive years. Mercedes-Benz lags behind them somewhat at 229,630 vehicles through February. According to Bloomberg, at this time last year Audi had sold 429 fewer cars than BMW.
The growth is all part of Volkswagen Group's goal to become the world's largest automaker. It currently ranks in second when its heavy truck businesses are considered. The German automotive giant also wants to be the world's leading premium carmaker. "Competition in the premium segment is more intense than ever," said Audi CEO Rupert Stadler to Bloomberg.