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Alpina B3 Bi-Turbo burns all the midnight oil

We've got good news and bad news for you, boys and girls, from the floor of the Frankfurt Motor Show. The good news is that the BMW M3 has come early, with a diesel, in wagon form - albeit with a different name. The bad news is that it will in all likelihood never make it to America. Which is a shame, because it's awesome.
What we're talking about, of course, is the new Alpina D3 Bi-Turbo. BMW's wickedly talented but lesser know stepchild has created a 3 Series with a 3.0-liter twin-turbo diesel six packing 345 horsepower and 516 pound-feet of torque. You - and by "you," we mean overseas buyers - can choose between sedan or wagon, as well as rear- or all-wheel drive. But the bottom line is a 4.6-second 0-62 time and a 173-mph top speed... from a diesel.
We scoped out the rear-drive wagon Alpina brought to the show, decked out in its signature blue. And you can, too, in the gallery of live shots above, along with the freshly assembled stock photos of both sedan and wagon versions in the gallery below.

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 restores classic Mini as it revives production in Netherlands

Mini will be kicking off production in the Netherlands, a country that hasn't built a Mini-badged machine since 1966. In honor of this event, BMW Group Classic, the team responsible for all the cars in the BMW Museum, as well as being a spare parts and restoration company in its own right, revived a classic 1959 Austin Seven. That particular car, number 983, was one of the first Minis to be built in the Netherlands.
The Netherlands' JJ Molenaar's Car Companies built 4,000 Austin Sevens and Morris Mini-Minors between 1959 and 1966, although we imagine Dutch Mini production will be much bigger when it starts up again in summer 2014. A five-person team from VDL Nedcar, the group handling production of new Minis, took to the job of restoring the diminutive British car from nose to tail.
The 34-horsepower engine and the transmission were both completely rebuilt, while the door panels were redone by hand. Help from the Mini community aided the VDL Nedcar team in finding authentic replicas or original parts where possible. All told, the new classic Mini is a striking example of what a good restoration can do to a car. The Seven was repainted in its original Farina Gray, adding to the car's sense of authenticity.