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BMW begins restoring Elvis Presley's 507 [w/video]

Imagine the King of Rock n' Roll driving a car and you'll likely picture a pink Cadillac or a yellow De Tomaso shot full of holes. But Elvis also owned a 1957 BMW 507 roadster, and now that roadster is returning home to BMW headquarters.
The 507 was a rare bird, of which only 254 examples were ever made. They were sold mostly to celebrities and royalty, but Elvis Presley was a GI when he bought it while stationed in Germany. The example that he bought had been displayed at the Frankfurt Motor Show, used as a press car and raced by Hans Stuck (which is how Elvis came to see it in the first place), so when he took delivery of it second-hand, the dealership had a new engine installed. It was originally white, but legend has it that Elvis got tired of women writing their phone numbers on the side of it in lipstick that he had it repainted in red.
Stories differ on what exactly happened to it next, with some saying that he returned it once the lease was up and other saying that the army shipped it back to him in the States after his tour was over. But what we do know is that the car sat for many years, neglected but sheltered from the elements. Now it's heading to the the BMW Museum in Munich, where it will be on display until August 10, after which the BMW Group Classic department will undertake a comprehensive restoration of the star-studded roadster that's expected to take two years of work.

BMW M3 and M4 CSL not in the cards

We aren't sure whether to file this one under "good news" or "bad news." BMW confirmed to Top Gear that there "are no plans" for lightweight versions of the new M3 and M4, in the same vein as the E46 M3 CSL (despite rumors to the contrary). The reason?
"There wasn't a CSL on the previous generation, and the way we look at it is like this: the CSL was great because it had this real focus on lightweight engineering. But we've already done that with these new cars. We've made them as light as possible - they come in under 1500 kilograms (3,306 pounds), which for a car like this is incredible," said Matt Collins, BMW's product manager for small to medium cars.
Now, as much as we love the idea of a hardcore version of any car, we appreciate BMW's point of view that the newest Ms are already as light and tough as they need to be. Collins elaborated, saying, "Rather than doing a halfway house to begin with and then rolling out a CSL, we thought we'd make the 'real' car as light as we possibly could. So we've no plans whatsoever to make a lighter, harder version just yet."

Beverly Hills road rage incident ends with BMW driver ramming bicyclist

An instance of road rage turned mortally dangerous in Beverly Hills, CA, recently, when an incident between a cyclist and a BMW driver took a scary turn in front of a rolling security camera.
LA Weekly reports that the person on the bicycle and the driver of the 2008 BMW 328i in the video had some kind of altercation, resulting in the cyclist punching the driver. The driver then followed the biker to an alley on the 9000 block of Wilshire Blvd and, according to the Beverly Hills Police Department, "Intentionally rammed the bicyclist with his vehicle pinning him to a metal rolling trash bin."
That the act was intentional is clearly evident in the video footage below, captured on a security camera. Police have published the video in the hopes of tracking down the driver, who is said to be in his mid-30s with dark hair, dark eyes and a thin build. BMW owners across the country can thank him - for reinforcing certain stereotypes - by helping to turn him in. Do your part, Bimmer Nation.