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Even 'Ring taxi drivers need to respect the Green Hell

The Nürburgring Nordschleife has the reputation as one of the most difficult tracks in the world to master - deservedly so. With 14 miles of roadway and about 160 corners over a massive amount of elevation change, the amount of grip can change from turn to turn. As the driver of the famous BMW Ring Taxi learned this weekend after a shunt into the barricades, the 'Ring can bite unsuspecting pros just as easily as amateurs.
The video of the incident below shows the M5 oversteering right into the wall as a phalanx of Porsche models arrive behind it. According to Bridge to Gantry, a website that specializes in news about the 'Ring, the taxi's passengers were picked up by another Ring Taxi and driven off with a fantastic story to tell their friends back home. "The accident happened at low speed, there were two passengers in the car, but no one had at any injuries," said BMW spokesperson Cypselus von Frankenberg to Autoblog via email.
The crash also closed track for over an hour to clean up and to haul the stricken BMW away. When a driver making a living from driving lap after lap at the Nordschleife has a crash even as seemingly minor as this one, it just goes to show why the course has the nickname 'The Green Hell.'

BMW profit of $2.7B is down as automaker invests to keep luxury lead

Despite selling 6.6-percent more vehicles - a record by volume - and posting higher revenues in the second quarter of 2013, BMW Group's profit of 2.07 million euros ($2.75 billion) is down 8.8 percent from last year. Investments in new technology (e.g. the new i3) and personnel, in addition to a competitive market, are to blame, BMW states. But the automaker remains committed to its fiscal targets for 2013, which, Chairman of the Board of Management of BMW AG, Norbert Reithofer, says will be "on a similar scale to 2012."
The BMW brand's sales performance in the first half of the year, which increased by 7.7 percent to 804,258 vehicles delivered, was good enough for it to maintain its lead in the luxury market, narrowly beating Audi, which delivered 780,510 vehicles, Automotive News reports. Mercedes-Benz delivered 694,433 vehicles to cement third place.

BMW NA chief: US won't get enough i3 EVs to satisfy demand

Nothing boosts the mystique of a new product like a "sold out" sign, and it appears likely that BMW will go that route with its first plug-in sold in the US. The German automaker won't likely import enough of its new i3 plug-in vehicles to meet US demand, Bloomberg News says, citing BMW North America chief Ludwig Willisch. Willisch added that once everything is up and running, the US will be the world's largest market for the i sub-brand of plug-in vehicles, which we know will also include the far racier i8 plug-in hybrid and likely other models as well. The i3 will arrive at US dealerships by the end of May and US dealers are investing $2.5 million in upgrades in part to accommodate the new i sub-brand. Last summer, BMW said its i3 would have a starting price of $41,350, not factoring in government tax credits nor the gas-powered range extender (which tacks on another $3,950). Both versions will be allowed into the high-occupancy-vehicle lanes, even with only one driver, in California though battery-powered version will get the unlimited white sticker (as opposed to limited green one). Check out our review of the i3 here.