1972 BMW 2002 Baur Targa,-- Rare European Model. VIN# 2795512 matching/engine/ chassis . Number 512 of 1963 Baur Targa Cabriolets produced by Baur. Manufactured on June 13th 1972 and was delivered to Italy. http://classicandvintagebmw.tumblr.com/02targa (check this site for more info on Baur Targa) Car was imported into the USA in April of 2007. Mileage at the date of sale was 92,250. Prior to purchase, the engine ,suspension and brakes were rebuilt by Jaymic in England. I have many of the old receipts (new clutch, brake calipers, etc.) from Jaymic as well the original owner’s manuals, etc. These repairs were made at round the 85k mileage mark and are documented in repair log. The interior was professionally re-done and a new German square weave carpet kit was installed by the new owner in Los Gatos,CA. During the installation of the carpet , he located a 1962 Italian Lira(coin) under the old carpet kit. That helped to confirm that the car spent its early days in Italy. The coin has been drilled and is attached to the vintage BMW leather key chain along with the original keys and aftermarket gas cap key. The car was re-painted some time in England by the previous owner, the paint still looks good. Only on the hood I can see small bubble paint. The car has some small micro scratches. A new Apline CDA-9883 in-dash w/removable face CD/MP3 receiver(xm/Sirius satellite ready) with iPod connection along with Alpine under dash speakers were installed in September 2007. Door panels and rear passenger panels were not cut. Routine lube, oil & filer changes have been made every 3k miles. Weber carburetor (replaced the Solex) and Pertonix electronic ignition were installed in 08/2010 mileage 98,075. Current mileage is 99,923. Tires are 80% good. Car has a Nardi steering wheel and Cosmic wheels. Dome light too. All lights, turn signals, brake lights, fog lights and rear bumper mounted brake light work. Windshield and all windows are clean/clear and Sonneland rear window on the convertible Targa top is clean/clear as well. I also have an extra windshield that has been wrapped in bubble wrap. Most recent service by Import Doctors in Seattle- 01/2013. Lube, synthetic oil & filter, new water pump and coolant. Mileage at service-99,463. You are welcome to do pre-purchase inspection before the auction ends. I had described the car in best of my knowledge, please ask any questions. I trust this car to go cross-country but the car is sold “AS IS” without any warranty. This vehicle will only go up in value. This is the only one the I come across. |
BMW 2002 for Sale
Auto blog
Land Rover could build a baby Defender on a platform sourced from BMW
Mon, Aug 12 2019The collaboration between BMW and Jaguar-Land Rover started out small, it was originally limited to motors for electric cars, but it might not stay that way for long. The Tata-owned British sister companies will allegedly rummage through Munich's sizable parts bin to build nearly half a dozen cars scheduled to come out during the 2020s. According to a report by British magazine Autocar, Jaguar has started designing two small cars that will join its growing family of Pace-badged soft-roaders. They'll be new additions to the firm's portfolio, not replacements for existing cars. One will be a regular crossover, while the other will be a swoopier, form-over-function four-door model ostensibly marketed as a coupe. Both will slot at the very bottom of the Jaguar portfolio, below the already pretty small E-Pace, in a growing market segment where the competition is fierce, and profit margins are thinner than an i3's tires. Here's where BMW apparently comes in. Instead of developing a platform from scratch, the two crossovers could ride on the hybrid-ready, front-wheel drive FAAR architecture found under the third-generation 1 Series hatchback and the upcoming 2 Series Gran Coupe. If we believe an earlier report claiming Jaguar and BMW will also share engines, most of the hardware found under the sheet metal will have German genes. All-wheel drive will certainly be available, and it could also come from BMW. The same platform -- and, presumably, the same engines -- would provide the basis for a Land Rover-badged model positioned in the same segment. Autocar learned it will be to the next-generation Defender (pictured) what the Mercedes-Benz GLB is to the G-Class. Some key design cues will carry over, but the two models will share absolutely nothing under the sheet metal. The soft-roader could resurrect the Freelander nameplate when it goes on sale during the 2020s. Looking even further ahead, the front-wheel-drive platform the next Mini Countryman and X1 will utilize could find its way under the replacements for the next Range Rover Evoque and Discovery Sport. These plans could very well change; the Evoque and the Disco Sport barely entered their second generation, so they're not due for a replacement until the second half of the coming decade. While neither company has confirmed or denied the report, the partnership makes sense from a business standpoint.
BMW slapped with discrimination suit by EEOC
Thu, 13 Jun 2013According to a report from CNNMoney, BMW has been hit with a lawsuit from the US Equal Employment Opportunity Commission after revised criminal background check policies resulted in the dismissal of 88 contractors, 70 of whom (that's about 80 percent) were black. A total of 645 contractors were required to submit to background checks at BMW's facility in Spartanburg, South Carolina after BMW switched contract companies at its plant.
Though the 88 persons who were not rehired by the new contractor all had criminal records, that may not necessarily be a legal way to screen applicants, as the EEOC counters: "BMW's policy has no time limit with regard to convictions. The policy is a blanket exclusion without any individualized assessment of the nature and gravity of the crimes, the ages of the convictions, or the nature of the claimants' respective positions."
BMW's actions were in violation of the Civic Rights Act of 1964, according to the EEOC, because they utilized "a criminal conviction policy that disproportionately screened out African-Americans." A recent bulletin offering guidance from the EEOC on the Civil Rights Act can be found here, but the EEOC's stance on the issue has been the same for years: "Since issuing its first written policy guidance in the 1980s regarding the use of arrest and conviction records in employment decisions, the EEOC has advised employers that under certain circumstances, their use of that information to deny employment opportunities could be at odds with Title VII."
BMW warns profits will fall, plans $13.6 billion in cost-cutting
Wed, Mar 20 2019FRANKFURT, Germany — BMW said Wednesday that profits in 2019 will be "well below" last year's, and it will cut 12 billion euros ($13.6 billion) in costs by the end of 2022 to offset spending on new technology. The company said profits would be eroded by higher raw materials prices, the costs of compliance with tougher emissions requirements and unfavorable shifts in currency exchange rates. The Munich-based automaker also faces increased uncertainty due to international trade conflicts that could lead to higher tariffs. "Depending on how conditions develop, our guidance may be subject to additional risks; in particular, the risk of a no-deal Brexit and ongoing developments in international trade policy," said Chief Financial Officer Nicolas Peter. The company forecast a profit margin of 6 to 8 percent for its automotive business, short of the long-term strategic target of 8 to 10 percent, which it said still "remains the ambition" for the company if given "a stable business environment." BMW said it had no plans for layoffs even as it outlined cost saving measures that include dropping half of its engine variants as it seeks to reduce product complexity. The BMW, Mini and Rolls-Royce brands are to get a single sales division. Peter said that given the headwinds to earnings, "we began to introduce countermeasures at an early stage and have taken a number of far-reaching decisions." The company said the measures were needed "to offset the ongoing high level of upfront expenditure required to embrace the mobility of the future." Automakers around the world have faced heavy up-front costs for technology expected to change how people get from one place to another in the next decade. Those include electric cars and renting cars through smartphone apps. Yet the returns from such investments remain uncertain and auto companies face competition from tech firms such as Uber and Waymo. BMW made 7.2 billion euros ($8.2 billion) in net profit last year, down 17 percent from 2017, when it booked a gain of $1 billion from U.S. tax changes. The company faced headwinds from increased tariffs on vehicles exported to China from the United States. It also suffered from turmoil on the German auto market when companies faced bottlenecks getting cars certified for new emissions rules. BMW faces uncertainty from U.S.-China trade tensions that could result in new tariffs if talks do not result in an agreement. U.S.