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BMW made it official today, after we told you about it “unofficially” last week. As expected, the German automaker is raising prices across its model range an average of 2.1 percent for the 2009 model year due to “…significant structural and economic changes in the marketplace.” Regardless, the direct price increase of vehicle MSRP doesn’t tell the whole story. BMW has also increased pricing on popular options (the Sport Package is up $450 on the 335i sedan and coupe) and removed some standard features (the premium Logic 7 audio system is no longer standard on the 335i — now it’s an $875 option) driving the consumer’s cost even higher than it initially appears. If that isn’t bad enough news for those hoping to put a Roundel in their driveway, we are also hearing rumors that BMW’s latest lease residuals and money factors aren’t as sweet as they were over the summer. Check out all the pricing details in BMW’s press release after the jump.

[Source: BMW]

Continue reading BMW makes 2.1% price increase official

 

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Click above for high-res gallery of BMW X5 M and X6 M spy shots

Despite earlier assertions to the contrary, all indications are now that BMW is preparing its first batch of M-tuned sport-utilities, including an X5 M and X6 M. Advanced-stage test mules for both have now been spied by a keen photographer right here in the United States, at BMW’s Performance Center test track in Spartanburg, South Carolina.

The prototype X5 and X6 M have enlarged air intakes with white LED headlamps up front and aerodynamic rear bumpers with quad pipes poking out the back. The trademark M division side gills have been camouflaged, but the exhaust notes are a reported dead giveaway: the X5 M prototype sounding like a twin-turbo V8, while the X6 M sounds more like a V10 or V12. The appearance of the M-tuned crossovers on American soil instead of on the Nurburgring gives us an idea of just who BMW will be targeting with these performance sport-utes. Check out all the spy shots in our gallery below and hit up the source for two spy videos. Mad props to PalBay for the tip and the shots!

Gallery: BMW X5 M and X6 M - spy shots

[Source: PalBay]

 

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No Audi R8 competitor coming from BMW

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Click for a hi-res gallery of the BMW M1 Hommage

It’s a sign of the times. After having rolled out the delectable M1 Hommage concept (pictured above), one BMW board member says that the Bavarian automaker has no intention of producing a supercar to compete with the likes of the Audi R8. Instead, BMW will focus on green technologies.

The news comes straight from Klaus Draeger, the board member at the helm of the EfficientDymanics initiative. While Audi continues to produce more powerful and more desirable versions of the R8, Mercedes prepares entirely new supercars and Porsche continues to do what Porsche has always done, the company that once hailed itself as the producers of the “Ultimate Driving Machine” is more concerned with hybrids than sportscars.

Gallery: BMW M1 Hommage

[Source: AutoTelegraaf via AutoblogGreen]

 

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