Find or Sell Used Cars, Trucks, and SUVs in USA

Clean Carfax 71k Miles Red Sunroof Leather Wood Premium Pkg Alloys Sport Pkg ! on 2040-cars

US $13,980.00
Year:2008 Mileage:71647 Color: Red /
 Black
Location:

Houston, Texas, United States

Houston, Texas, United States
Advertising:
For Sale By:Dealer
Engine:I6 3L DOHC
Fuel Type:GAS
Transmission:Automatic
Body Type:Coupe
Vehicle Title:Clear
Condition:

Used

VIN (Vehicle Identification Number)
: WBAUP73518VF08148
Year: 2008
Make: BMW
Doors: 2
Model: 1-Series
Fuel: Gasoline
Drivetrain: RWD
Mileage: 71,647
Trim: Base Coupe 2-Door
Sub Model: 128i
Drive Type: RWD
Exterior Color: Red
Number of Cylinders: 6
Interior Color: Black
Warranty: No

2008 BMW 128i 2-Door Coupe
Exterior Color:     Crimson Red Interior Color:     Black Boston Leather Stock Number:F08148
Mileage:71,647 Engine:I6 3L DOHC Fuel:Gasoline
Transmission:Automatic Warranty:As Is - No Warranty Title:Clear
VIN:WBAUP73518VF08148 CARFAX:CARFAX Buyback Guarantee AutoCheck:FREE AutoCheck Vehicle Report
2008 BMW 128i - Photo 1 - Houston, TX 77031
2008 BMW 128i WITH 71K ORIGINAL LOW MILES
FREE CARFAX Report

Get the FREE CARFAX
Vehicle History Report with
the Buyback Guarantee!
Protect yourself from:
»  Major Accidents
»  Lemon History
»  Odometer Problems


Free CARFAX Report

FREE AutoCheck Report
95 79 - 88
Vehicle Description
Motorsport Presents
 
2008 BMW 128i
 
SUNROOF ! LEATHER ! WOOD !
 ALLOYS ! PREMIUM SOUND SYSTEM !
PREMIUM PACKAGE !
 
CARFAX & AUTOCHECK CERTIFIED NO ACCIDENTS CLICK CARFAX OR
AUTOCHECK LOGO FOR FREE REPORTS
 
 
71K ORIGINAL LOW MILES
 
ADD A 3 MONTH 3,000 MILE WARRANTY
FOR ONLY $ 295
ASK US FOR DETAILS ON A 4 YEAR UNLIMITED MILES NATION WIDE WARRANTY !!
 
PEACE OF MIND ! BUY WITH CONFIDENCE !!
 
 
70+ PICTURES BELOW AFTER DESCRIPTION
 
THIS CAR IS LOADED WITH THESE OPTIONS:
SUNROOF WITH POWER SLIDING GLASS
TELESCOPING STEERING WHEEL WITH CONTROLS
CRUISE CONTROL
DUAL ZONE AC AND HEAT
ALARM SYSTEM WITH KEYLESS ENTRY
FULL LEATHER AND WOOD TRIM INTERIOR
HOMELINK
BLUETOOTH EQUIPPED
PREMIUM PACKAGE
POWER LEATHER SEATS WITH MEMORY AND LUMBAR
PREMIUM SOUND SYSTEM WITH CD AM FM
POWER WINDOWS AND MIRRORS
FOG LIGHTS
HALOGENS
TRACTION CONTROL
PREMIUM ALLOY WHEELS
SOLAR TINTED WINDOWS
3.0 LITER 6 CYLINDER ENGINE
BOOK WITH KEY
 
 
MUCH MUCH MORE SEE IT TO BELIEVE IT !!!
 
Beautiful CRIMSON RED on
BLACK LEATHER WITH FULL WOOD TRIM Interior!!
 
Low Buy It NOW or Make us an Offer NOW!!

100% Positive Feedback
OWN THIS BEAUTY at a Fraction of the
Original $ 30,000 Price!!!
COMPARE AT
KELLY BLUE BOOK $ 15,465
NADA RETAIL $ 16,525

OUR BUY IT NOW $ 13,980
WOW ! WHAT A DEAL  !!!
 
WONT LAST LONG AT THIS PRICE !!! CALL US TODAY AT
281-506-8808

If You are Looking for a BMW 128i with all the options with LOW MILES, You Don't Have to Look any Further!!!
DON'T SLEEP ON THIS ONE!

NOTE: JUST LIKE ANY USED VEHICLE FEW VERY MINOR NICK NACKS DUE TO NORMAL WEAR AND TEAR AND ROAD DEBRIS.
REMEMBER: YOU ARE BUYING A TOP LOADED USED VEHICLE IN CLEAN CONDITION NOT A BRAND NEW ONE!

Bid with Excitement & Confidence!!!
Only at ULTIMATE MOTORSPORT !!
Good Luck & Happy Bidding!!!
FOR ANY QUESTIONS FEEL FREE TO CALL US AT
281-506-8808

So, If you are in the market for a LATE MODEL, VERY AFFORDABLE BMW 128i, then you owe it to yourself to take a closer look

LOW BUY-IT-NOW or MAKE AN OFFER!!!
 
WE FINANCE ! APPLY ONLINE FOR AUTO LOANS AS LOW AS 2.99%

FOR ANY QUESTIONS OR CONCERNS FEEL FREE TO CONTACT @ (281) 506-8808
or email sales
 
DOOR TO DOOR SHIPPING AVAILABLE ASK FOR A QUOTE !
We Export For Canadian Customers
Email:
sales@ultimatems.com
Call
281-506-8808
Visit
10311 Altonbury Lane
Houston TX 77031
 
 
 
Additional Photos
2008 BMW 128i - Photo 2 - Houston, TX 77031

BEAUTIFUL CRIMSON RED

2008 BMW 128i - Photo 3 - Houston, TX 77031
2008 BMW 128i - Photo 4 - Houston, TX 77031
2008 BMW 128i - Photo 5 - Houston, TX 77031
2008 BMW 128i - Photo 6 - Houston, TX 77031
2008 BMW 128i - Photo 7 - Houston, TX 77031
2008 BMW 128i - Photo 8 - Houston, TX 77031
2008 BMW 128i - Photo 9 - Houston, TX 77031
2008 BMW 128i - Photo 10 - Houston, TX 77031

HALOGEN HEADLIGHTS

2008 BMW 128i - Photo 11 - Houston, TX 77031
2008 BMW 128i - Photo 12 - Houston, TX 77031
2008 BMW 128i - Photo 13 - Houston, TX 77031

POWER SLIDING SUNROOF

2008 BMW 128i - Photo 14 - Houston, TX 77031

PREMIUM DAKOTA LEATHER

2008 BMW 128i - Photo 15 - Houston, TX 77031

STEERING WHEEL WITH CONTROLS

2008 BMW 128i - Photo 16 - Houston, TX 77031
2008 BMW 128i - Photo 17 - Houston, TX 77031

71K ORIGINAL LOW MILES

2008 BMW 128i - Photo 18 - Houston, TX 77031
2008 BMW 128i - Photo 19 - Houston, TX 77031
2008 BMW 128i - Photo 20 - Houston, TX 77031
2008 BMW 128i - Photo 21 - Houston, TX 77031
2008 BMW 128i - Photo 22 - Houston, TX 77031
2008 BMW 128i - Photo 23 - Houston, TX 77031
2008 BMW 128i - Photo 24 - Houston, TX 77031

PREMIUM SOUN SYSTEM

2008 BMW 128i - Photo 25 - Houston, TX 77031
2008 BMW 128i - Photo 26 - Houston, TX 77031
2008 BMW 128i - Photo 27 - Houston, TX 77031
2008 BMW 128i - Photo 28 - Houston, TX 77031
2008 BMW 128i - Photo 29 - Houston, TX 77031

POWER LEATHER SEATS WITH MEMORY AND LUMBAR

2008 BMW 128i - Photo 30 - Houston, TX 77031
2008 BMW 128i - Photo 31 - Houston, TX 77031
2008 BMW 128i - Photo 32 - Houston, TX 77031
2008 BMW 128i - Photo 33 - Houston, TX 77031
2008 BMW 128i - Photo 34 - Houston, TX 77031
2008 BMW 128i - Photo 35 - Houston, TX 77031

PREMIUM DAKOTA LEATHER

2008 BMW 128i - Photo 36 - Houston, TX 77031
2008 BMW 128i - Photo 37 - Houston, TX 77031
2008 BMW 128i - Photo 38 - Houston, TX 77031
2008 BMW 128i - Photo 39 - Houston, TX 77031
2008 BMW 128i - Photo 40 - Houston, TX 77031

LARGE TRUNK SPACE

2008 BMW 128i - Photo 41 - Houston, TX 77031
2008 BMW 128i - Photo 42 - Houston, TX 77031
2008 BMW 128i - Photo 43 - Houston, TX 77031

3.0 LITER 6 CYLINDER ENGINE

2008 BMW 128i - Photo 44 - Houston, TX 77031
2008 BMW 128i - Photo 45 - Houston, TX 77031

17' ALLOY WHEELS

2008 BMW 128i - Photo 46 - Houston, TX 77031
2008 BMW 128i - Photo 47 - Houston, TX 77031

BOOK WITH KEY

2008 BMW 128i - Photo 48 - Houston, TX 77031
Contact Information
Name: Sales Department Main Phone: (281) 506-8808 Alt. Phone: (281) 657-7293
Vehicle Features & Options
Standard Features
Appearance /
  Exterior:
  • Body-Color Bumper Color
  • Chrome Exhaust Tip Color
  • Dual Exhaust Tips Exhaust
  • Body-Color Mirror Color
Appearance /
  Interior:
  • Genuine Wood Accents
    Comfort:
    • Air Filtration
    • Front Center Armrests
    • Dual Front Air Conditioning Zones
    • Automatic Climate Control Front Air Conditioning
    • Residual Heat Distribution
    • Leather Steering Wheel Trim
    Convenience:
    • Cruise Control
    • Adaptive Cruise Control
    • Front Cupholders
    • Front Door Pockets
    • 12V Front Power Outlet(s)
    • Speed-Proportional Power Steering
    • Retained Accessory Power
    • Steering Wheel Mounted Audio and Cruise Controls Controls
    • Tilt and Telescopic Steering Wheel
    Drivetrain /
      Suspension:
    • 4-Wheel ABS
    • Braking Assist
    • Hill Descent Control Braking Assist
    • Cargo Tie Downs
    • Lower Control Arms Front Arm
    • 11.8 Front Brake Diameter
    • Ventilated Disc Front Brakes
    • Independent Front Suspension
    • Macpherson Struts Front Suspension
    • Ventilated Disc Rear Brakes
    • Independent Rear Suspension
    • Multi-Link Rear Suspension
    • Stability Control
    • Front and Rear Stabilizer Bar
    • Traction Control
    Entertainment /
      Telematics:
    • Diversity Antenna
    • Audio Security System
    • Digital Auxiliary Audio Input
    • CD-Controller
    • External Temperature Display
    • Range Fuel Economy Display
    • Single Disc In-Dash CD
    • CD MP3 Playback MP3 Player
    • Pre-Wired For Phone Phone
    • Radio Data System
    • AM/FM Radio
    • Speed Sensitive Volume Control
    • Tachometer
    • 10 Total Number of Speakers
    • Trip Computer
    • Low Fuel Level Warnings and Reminders
    Exterior:
    • Cargo Area Light
    • Daytime Running Lights
    • Front Fog Lights
    • Auto Delay Off Headlights
    • Dusk Sensing Headlights
    • Front Reading Lights
    • Adaptive Brakelights Tail and Brake Lights
    Rims / Tires:
    • Run Flat Tires
    • Tire Pressure Monitoring System
    • All Season Tire
    • Alloy Wheel
    Roof / Glass:
    • Intermittent Front Wipers
    • Rain Sensing Front Wipers
    • Heated Windshield Washer Jets
    • 2 One-Touch Windows
    • Power Windows
    • Rear Defogger
    • One-Touch Sunroof
    • Remote Operation Sunroof
    • Wind Deflector
    Safety:
    • 2-Stage Unlocking
    • Engine Immobilizer Anti-Theft System
    • Child Seat Anchors
    • Emergency Interior Trunk Release
    • Heated Exterior Mirrors
    • Power Exterior Mirrors
    • Dual Front Airbags
    • Door Unlock Impact Sensor
    • Occupant Sensing Passenger Airbag Deactivation
    • Remote Power Door Locks
    • Rolling Code Key Rolling Code Security
    • Front Side Airbags
    • Front and Rear Side Curtain Airbags
    • Dual Vanity Mirrors
    Seating:
    • 8 Driver Seat Manual Adjustments
    • Height Adjustable Driver Seat
    • 2 Front Headrests
    • Multi-Adjustable Front Headrests
    • Bucket Front Seats
    • 8 Passenger Seat Manual Adjustments
    • Height Adjustable Passenger Seat
    • 2 Rear Headrests
    • Height Adjustable Rear Headrests
    • Folding With Storage Rear Seat Center Armrest
    • Bucket Rear Seat
    • Split Folding Rear Seat
    • Front Seatbelt Force Limiters
    • Front Seatbelt Pretensioners
    • Leatherette Upholstery

    Installed Options
    Appearance /
      Interior:
    • Light Burl Walnut Trim
      Convenience:
      • Comfort Access
        Entertainment /
          Telematics:
        • Ipod and Usb Adapter
        • Premium Hi-Fi System
        Package:
        • Premium Package
        • Sport Package
        Seating:
        • Boston Leather
        • Power Front Seats With Driver Seat Memory
        View our eBay Feedback:

        eBay Motors
        ultimate_motorsport_inc
        Financing Information
        We Finance ! Rates a slow as 2.99% with Approved credit
        Fill out our credit app today by clicking the link above !
        Shipping Information
        WE SHIP AND EXPORT WORLDWIDE
        GREAT LOW NATIONWIDE US SHIPPING RATES !!
        Canadian Customers Welcome
        Email us your zip code for Special Shipping Rates !
        email sales@ultimatems.com
        If Outside US or Canada email us your Port City and Country
        for a quote !
        Dealership Information
        Ultimate Motorsports
        Main Phone:(281) 506-8808
        Alt. Phone:(281) 657-7293
        Email:sales@ultimatems.com
        Business Hours:
        Weekdays:9:00 AM to 7:00 PM
        Saturday:10 TO 5PM
        Sunday:CLOSED
        Location:
        10311 Altonbury Lane
        Houston, TX 77031
        Map of Ultimate Motorsports at 10311 Altonbury Lane, Houston, TX 77031
        Terms of Sale
        Standard Terms & conditions
         

        PLEASE READ CAREFULLY! BY SUBMITTING A BID, MAKING AN OFFER OR CLICKING THE BUY IT NOW YOU ARE AGREEING TO THE FOLLOWING TERMS AND CONDITIONS.

        Fee and Tax Information: All Texas residents will pay 6.25% state sales tax and $ 133 Title Fee. This only applies to Texas Residents ONLY! Out of State customer only pay :

        All sales are subject to Texas V.I.T. tax based at a rate of .002834% of purchase price and $395.00 Processing fee.

        PAYPAL IS FOR DEPOSITS ONLY. WE DO NOT ACCEPT FULL PAYMENTS THOUGH THE PAYPAL.

        FINANCING IS AVAILABLE WITH APPROVED CREDIT (WAC) ONLY ! ALL BUY IT NOW PRICES LISTED ARE FOR CASH BUYERS OR IF CUSTOMERS ARRANGE THEIR OWN FINANCING !!!

        IF YOU CHOOSE TO CLICK THE BUY IT NOW OPTION YOU ARE REQUIRED TO PICK UP THE VEHICLE LOCALLY AND ADDRESS ANY ISSUES BEFORE THE VEHICLE LEAVES THE LOT.

        Please contact SALES@ultimatems.com or 281-657-7293
        Winning bidder must contact us within 24 hours of auction end, and make arrangements for payment at that time. A $500.00 NON REFUNDABLE deposit is due within 24 hours of end of auction. The remainder is due within 7 days of Auction end. If no contact is made within 24 hours we reserve the right to re-list the vehicle, sell it to the next high bidder, or sell it otherwise.  Most banks and credit unions do not finance vehicles older than 2002 or with more than 100K miles. Make sure if financing, your financial institution accepts the year and miles of this vehicle before bidding. Please arrange financing prior to bidding.
        Buyer is responsible for pickup or shipping of this vehicle. If you wish to have it shipped using a service, we will gladly cooperate, you can locate shippers by doing a search for `auto shippers`.
        If you are not sure about something, Please ASK. Do not assume anything not listed is included. We reserve the right to cancel bids for excessive negative feedback. We reserve the right to end the listing if the vehicle is no longer available for sale.
        Please do not bid on this auction unless you are serious about owning this vehicle.  All non-paying high bidders will be reported to Ebay, and negative feedback posted.
        PLEASE ONLY BID WHAT YOU ARE WILLING TO PAY.  IF THE RESERVE IS NOT MET, WE MAY CONTACT THE HIGH BIDDER TO OFFER THE SECOND CHANCE OPTION.
        By placing a bid on this vehicle you are entering into a legal and binding contract to purchase the above-described vehicle. We reserve the right to cancel all existing bids and end the auction early should the item no longer be available for sale.
        By bidding and buying this auction, you enter a contract that you have read and understood all the terms and conditions of this auction. 
        We reserve the rights to sell the car outside the ebay auctions. We reserve the right to end the auction anytime. We reserve the right to cancel any bid from any bidder. 
        This vehicle is being sold as is, where it is with no warranty, expressed written or implied. In either case, The seller shall not be responsible for the correct description, authenticity, genuineness, or defects herein, and makes no warranty in connection therewith. No allowance or set aside will be made on account of any incorrectness, imperfection, defect or damage. Any descriptions or representations are for identification purposes only and are not to be construed as a warranty of any type. It is the responsibility of the buyer to have thoroughly inspected the vehicle, and to have satisfied himself or herself as to the condition and value and to bid based upon that judgment solely. The seller shall and will make reasonable effort to disclose any known defects associated with this vehicle at the buyer's request prior to the close of sale. Seller assumes no responsibility for any repairs regardless of any oral statements about the vehicle.
        Please understand that the vehicles are Pre-Owned vehicles and at times, the vehicles may come without accessories such as extra keys, cd magazines, navigation discs, floormats, tools, and owner's manuals. Please call for the exact accessories included for the vehicle. 
        Buyer's are responsible for shipping costs.
        All bidders should have all questions answered and loans pre-approved before bidding. Please note that Non paying buyers would be handled by our attorney. Remember buying a car on eBay is legal binding contract.

        All vehicles are sold "AS IS". This is in full accordance with the laws of the State of TEXAS regarding motor vehicle sales. You the buyer/bidder must have a complete understanding that this vehicle is used and we do not know the complete history of this vehicle. We are presenting this vehicle to the best of our knowledge. The accuracy of our description is based on any and all information that we were able to obtain concerning this vehicle either by records, previous owners statements, or other statements if any made by the persons who sold or traded in this vehicle. We ULTIMATE MOTORSPORT Inc or any of its employees or agents will not be held responsible. All buyers are responsible for having an independent inspection completed on their vehicle of inetrest prior to sale or close of auction. You are welcome to fly in or schedule a inspection with several companies in Houston area to have a car professionally inspected.

        WE ARE NOT RESPONSIBLE FOR ANY REPAIRS OR INSPECTIONS PRIOR OR AFTER THE SALE OF AN AUTOMOBILE. ALL VEHICLES SOLD AS IS WHERE IS !!

        WE WELCOME INSPECTIONS BUT PLEASE DO INSPECTIONS BEFORE THE SALE IS CONFIRMED ! 

        This Agreement will be governed the laws of the State of Texas (without regard to principals of conflict of laws). Any claims arising out of or related to this Agreement or the Goods shall be brought exclusively in Harris County, Texas. Bidder submits to the jurisdiction of all such courts. BIDDER AND SELLER HEREBY WAIVE ANY RIGHT TO TRIAL BY JURY IN ANY ACTION TO ENFORCE, DEFEND, CONSTRUE OR OTHERWISE CONCERNING THIS AGREEMENT OR THE GOODS. If it is necessary for bidder to commence litigation to enforce any portion of this Agreement, Seller will be entitled to recover from Bidder its reasonable attorneys’ fees and costs, including the reasonable fees of in-house counsel.

        Auction Views:  

        BMW 1-Series for Sale

        Auto Services in Texas

        WorldPac ★★★★★

        Automobile Parts & Supplies, Automobile Parts, Supplies & Accessories-Wholesale & Manufacturers
        Address: 2100 Handley Ederville Rd, Euless
        Phone: (817) 590-8332

        VICTORY AUTO BODY ★★★★★

        Auto Repair & Service, Automobile Body Repairing & Painting, Automobile Parts & Supplies
        Address: 3841 Apollo Rd, Portland
        Phone: (361) 334-5775

        US 90 Motors ★★★★★

        Used Car Dealers, Wholesale Used Car Dealers
        Address: 641 W Old US Highway 90, Balcones-Heights
        Phone: (210) 438-9090

        Unlimited PowerSports Inc ★★★★★

        Auto Repair & Service, Automobile Storage, Boat Storage
        Address: 12024 W Highway 290, Bula
        Phone: (512) 894-4792

        Twist`d Steel Paint and Body, LLC ★★★★★

        Auto Repair & Service, Automobile Body Repairing & Painting
        Address: 457A W Hufsmith Rd, Jersey-Village
        Phone: (281) 640-1273

        Transco Transmission ★★★★★

        Auto Repair & Service, Automobile Parts & Supplies, Auto Transmission Parts
        Address: 2109 Avenue H, Fulshear
        Phone: (281) 342-8772

        Auto blog

        China's largest dealer body pushes back against foreign automakers over huge inventories

        Mon, Jan 5 2015

        Do not think for a second that automakers forcing inventory on dealers in order to pad the numbers is a ruse known only in the US. Stories of individual brands have hinted at the trouble Chinese dealerships are having trying to move units as the country's economic growth remains hot but comes off the boil, like the one revealing that 95 percent of Toyota-FAW showrooms are losing money. Yet Toyota isn't the only culprit, and the issue has become so dire that the China Automobile Dealers Association (CADA), the largest dealer body in the country, has written to the government to complain. Chinese car sales are expected to close out the year with an annualized growth of six-percent, down from last year's 14 percent when targets were set, while in the background the pace of overall economic expansion is the slowest its been since the early nineties. Automakers, shipping cars on schedule to make their earlier targets, have blown up inventories such that they are an average of 1.8 times monthly sales, when the preferred multiplier is from 0.9 to 1.2. According to the CADA, the price wars and necessary incentives mean that only 30 percent of dealers are operating in the black. That number is down a whopping forty percent since 2010. In response, Toyota has already said it will not make its 2014 target of 1.1 million cars sold. We're a long way from 2012, when Toyota planned on selling 1.8 million cars in China in 2015, a target that's now as realistic as a manticore. BMW, Honda and Nissan have erased numbers on their spreadsheets, too; BMW growth dropped from 20 percent to 8 percent midyear after it began "reducing wholesale supplies," and Honda has been reworking its plans as sales have decreased each of the past six months. It's a big deal for Chinese dealers to begin protesting publicly, the CADA saying, "In the past, dealers were angry, but dared not speak out. But now, they have to shout because the situation is getting so unbearable." With six-percent growth forecast for next year and dealers unwilling to remain underwater, The Year of the Sheep coming in 2015 could portend meaning beyond the zodiac. News Source: ReutersImage Credit: AP Photo/Andy Wong BMW Honda Nissan Toyota Car Buying Car Dealers

        What happens when you take an engineer sliding in a BMW i8

        Fri, Sep 19 2014

        The BMW i8 is a pretty impressive car, and a highly visible one at that. It's a great brand ambassador, but not just for BMW. It's really no surprise that Formula E chose it as the safety car from the electric racing series. And, for its duties at tracks around the word, the i8 safety car got some slick upgrades, including wireless charging capabilities courtesy of Qualcomm. It's not your regular, cut-and-dry technology presentation. In the video below, Qualcomm engineers explain a little bit about what they do to enhance electric vehicles. But it's not your regular, cut-and-dry technology presentation. The engineers are forced to answer questions about Qualcomm's technology while riding along in the BMW i8 Qualcomm Safety Car driven by none other than Formula E driver Nelson Piquet, Jr. Sure, riding shotgun for hot laps at Donnington Park in an i8 sounds like a lot of fun, but these guys have a job to do, and Mr. Piquet isn't making it easy for them. The Qualcomm guys talk about taking technology and beefing it up for automotive use, explain the benefits of wireless charging and discuss some other stuff that's hard to pay attention to while watching the i8 get totally sideways in a smoky powerslide. See for yourself in the video below. If you miss something, don't worry; Qualcomm provides more explanation about its automotive technologies at its website, including safety, communication and, of course, inductive charging.

        BMW looking to save billions with cost cuts

        Wed, 18 Jun 2014

        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.