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BMW confirms new Mexican plant

After over a year of speculation, BMW is finally officially announcing that it's building a factory in Mexico. The new plant will cost the German automaker roughly $1 billion US and will have a capacity of about 150,000 vehicles a year when complete. However, production won't begin there until 2019.
The new factory is being built near the city of San Luis Potosí, Mexico, with plans to employ about 1,500 people. Unfortunately, BMW is still mum about which models it's producing south of the border. Earlier rumors indicated the possibility of the 3 Series, 1 Series and maybe even Mini models there.
BMW says Mexico's multiple free trade agreements are a major factor in the choice of location of the plant. They make it possible for the automaker to ship models more cheaply to North America, parts of South America and the European Union. "The Americas are among the most important growth markets for the BMW Group. We are continuing our strategy of 'production follows the market,'" said Harald Krueger, the board's head of production, in the company's official announcement.

Toyota launches BMW-powered Verso in Europe

BMW makes some sweet-revving engines, but its own vehicles aren't the only ones running BMW engines. So do the latest from Rolls-Royce and Mini, of course, as well as a handful of Peugeots and Citroëns thanks to its joint engine program with PSA. Wiesmann uses BMW engines, as did the famous McLaren F1. And now we can add one more to the list.
That would be the Toyota Verso, a Corolla-based minivan which Toyota builds in Turkey and sells in Europe and a few other markets overseas. The Verso is also now officially the first beneficiary of the partnership between Toyota and BMW as the Japanese automaker has released the MPV with BMW's 1.6-liter turbodiesel four.
The 111-horsepower engine is coupled to a Toyota transmission and joins the Verso range as the fourth (and least powerful) engine in the lineup, alongside the 122hp 2.0 diesel and the gasoline options with 1.6 liters and 160 hp and 1.8 for 180. Future collaborations between the two automakers will include fuel-cell development, a new joint sportscar platform, lightweight bodywork research and a new generation of lithium-air batteries. See the press release below for further details.

Looking back at 84 years of BMW roadsters

Today BMW is a top player in the luxury vehicle market, but it wasn't always so. With origins as an airplane engine builder early in the 20th Century, it broke into the automotive industry when it bought Automobilwerk Eisenach in 1928. That German manufacturer was licensed to build the Austin Seven under the name Dixi DA-1, which could be had in a roadster body style. In 1929, BMW dropped the Dixi name, and by 1936, it was building a car it designed in-house, the 326 sedan. That was followed by the company's first roadster of its own design, the swoopy two-door 327 of 1937.
XCAR picks up there, and gives a history of BMW's iconic roadsters starting with the 327, ending with today's Z4, and covering everything in between - including the beautiful post-war 507 of 1957 and the funky, plastic-bodied 1989 Z1.
The video, which we've included below, is a good history lesson and a great chance to see a bunch of classic BMWs, spanning 84 years, all driven back to back within the safe confines of a racetrack. When you have a spare 20 minutes, go ahead and take some time to watch it.