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Preserving automotive history costs big bucks

$1.8 million is spent each year to maintain GM's fleet of 600 production and concept cars.
When at least two of the Detroit Three were on the verge of death a few years back, one of the tough questions that was asked of Ford, General Motors and Chrysler execs - outside of why execs were still taking private planes to meetings - was why each company maintained huge archives of old production and concept vehicles. GM, for example, had an 1,100-vehicle collection when talk of a federal bailout began.

BMW 8 Series turns 25 [w/video]

From the very beginning, the BMW 8 Series was a head turner. It was hardly a common sight in the first place, and the angular lines and low, pointed nose made the GT look like something special on the road. It's been 25 years since the Bavarian brand's flagship coupe of the '90s debuted, and owners celebrated the anniversary in style in Germany.
The 8 Series still looks great today, but its popup headlights give away its age a little. You just don't see them anymore. It was introduced at the 1989 Frankfurt Motor Show as the 850i with a 5.0-liter V12 under the hood capable of 295 horsepower and 332 pound-feet of torque. Later, even bigger V12s would find their way in there. Production lasted until 1999, but they were rather exclusive with 30,621 built in its lifetime.
To celebrate the anniversary, several BMW clubs organized 120 examples for display at the company's headquarters in Munich. The brand took advantage of the display to show off the ultimate 8 prototype as well. The one-off special packed a 550-horsepower V12 and a body with optimized aero. That engine eventually became the basis for the one in the McLaren F1.

BMW 1 Series GT spied in 7-seat trim

As BMW prepares to introduce its first-ever front-wheel drive car, the upcoming 1 Series GT, it looks like there will be at least two versions of the car. A conventional-looking hatchback was spotted testing late last year, but now we see an extended-length version in order to accommodate a third row of seats.
Judging by these spy shots, this 1 Series GT prototype has received an extended wheelbase, larger rear doors and more upright D-pillars compared to our previous spy shots (show in the gallery below) all with the aim of creating additional passenger and cargo space. Like the smaller 1 Series GT, this longer model would likely carry over the same powertrain options, which are expected to consist of three- and four-cylinder engines, a hybrid system and the choice of front- or all-wheel drive. The 1 Series GT could make its debut this fall at the Frankfurt Motor Show, but we might have to wait until next year to see the people mover.