2023 Bmw X7 Xdrive40i on 2040-cars

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BMW looking to save billions with cost cuts

BMW is planning a fairly extensive overhaul in a bid to recoup some its annual costs, with CEO Norbert Reithofer (pictured above) aiming to save three to four billion euro ($4 to $5.4 billion) per year to help keep the company's profit margins between eight and 10 percent, while also maintaining investments in production expansion and new tech. BMW's profit margins sat at 9.4 percent in 2013.
According to Automotive News Europe, Reithofer is none too pleased about costs at Mini and on the 1 Series, although neither AN nor its source story, from Germany's Manager Magazin, elaborate on what steps could be taken to improve losses on either project. That makes it hard to figure out just where the fat will be trimmed from.
What may happen, though, is that BMW attempts to trim 100 million euros ($135 million) from its German labor costs each year; a solution hinted at a few weeks ago by Germany newspaper Muenchner Merkur. While a dramatic cost reduction, 100 million euros still doesn't begin to even approach the savings envisioned by Reithofer.

BMW Pininfarina Gran Lusso Coup'e concept echoes 8 Series

BMW and Pininfarina are planning to debut a new concept at the 2013 Concorso d'Eleganza Villa d'Este. The Gran Lusso Coupé is designed to be the next logical step forward from the Zagato Coupé, and the one-off creation boasts plenty of BMW earmarks to set the car off as a true member of the German automaker's family. With a long wheel base and a stretched nose, the two door can't help but channel the long-dead BMW 8 Series, and the potent V12 under the hood only reinforces the link.
BMW has been kind enough to slip the world a few teasers, and the images show what looks like it could be the low-slung grand tourer of our dreams. Check out the full press release below for more information, and stay tuned for the full unveiling.

BMW X4 M40i caught production-ready

It seems like BMW is pretty committed to this whole X4 thing. Aside from the current xDrive28i and xDrive35i, we've captured a round of spy photos showing what our spy shooters tell us is a more dynamic M40i model.
The higher-performance hunchback follows in the footsteps of BMW's other sub-M cars like the M235i. In fact, much like the high-po 2 Series, the M40i is expected to make use of a 3.0-liter, turbocharged six-cylinder, developing 365 to 375 horsepower.
Aside from that, the rest of the X4 M40i fits the brief of other near-M models, with a more aggressive body kit, larger wheels, firmer suspension and brawnier brakes. Expect some mild tweaks inside, too, including sportier seats and an M-specific steering wheel.