2008 Bmw 535i Twin Turbo Sport. Staggered Wheels. on 2040-cars
Cos Cob, Connecticut, United States
I am the owner of this vehicle and am selling it privately. I am not a dealer. I purchased this vehicle from a BMW dealer as CPO in 2010 and am the second owner. The car is in very good condition and has all maintenance records. The interior is excellent, no visible scuffs or marks. The exterior is very good, I would say about average to a little better than average for a car of this year. It has a few stone dings on the front but nothing that can't be touched up. There are no dents anywhere on this vehicle, even where the paint might be dinged. The bumpers are good, 1 or 2 minor dings but nothing major. This car has never been in an accident and has never had any body work or damage repair of any kind. The high pressure fuel pump has been replaced on this car. As anyone who knows these cars is aware, the E60's had fuel pump problems and these pumps were replaced by BMW at no charge. This car is all set and has also been recently serviced in the last 5,000 miles. It has the cold weather package and sport package including the sport seats, steering wheel and sport tires/wheels. The front and rear wheels are staggered with the sport package meaning that the rear tires/wheels are wider. This car has Z rated BFGoodrich Comp T/A's on it with about half their life left on them. The brake rotors were replaced at the last brake service and the brake fluid was flushed and replaced. This car has always had synthetic oil and it has always been changed at intervals of 7500 miles. The car had new spark plugs and air filter put in about 5,000 miles ago. The car really needs nothing and runs beautifully and is ready to go. This car was garage kept by me and has nice glossy paint and no signs of fading or cracking in the interior. I had an SUV as a second vehicle so I never drove the car in the salt/sand during the winter. Most of the miles I put on this car were on the highway traveling upstate to my various job sites. All of the interior options work perfectly including the sound system, A/C, heat, seats, windows, locks and controls. If there are any questions I can answer about this car, please let me know. I am a straightforward honest individual, check my ebay feedback. Do not bid on this car unless you can produce a cashiers check for the full amount within 5 days of auction end. The car is located in southwestern Connecticut, I can help facilitate shipment but the shipment would be at your expense on your carrier. Matt |
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Husqvarna sold to KTM CEO Stefan Pierer
Fri, 01 Feb 2013A couple of days ago the UK's Motorcycle News reported that BMW was in the final stages of selling Husqvarna to KTM, with a deal potentially confirmed as soon as this week. Following that came reports that Husqvarna Motorcycles wasn't sold to KTM but to a Pierer Industries, the company owned by KTM CEO Stefan Pierer. Turns out the advance report was true, as was the follow-up: BMW has just announced a "strategic realignment" of its Motorrad division, explaining that it sold Husqvarna to Pierer Industries in order to focus on the urban and e-mobility segments. Husqvarna's off-road machines, obviously, don't fit into those categories.
BMW bought the Italian-based bike maker with centuries-old Swedish roots in 2007 - the rest of the Husqvarna company remains based in Sweden - and has invested huge sums to integrate the smaller company into the larger parent. Six years later, just when dividends should begin to truly pay off, the brand is sold.
Before BMW made its announcement, one of the theories that forum members put forward for Pierer's interest in purchasing Husqvarna was that he wants his own business to run his own way. The parent company of KTM, Cross Industries, is 47.27-percent owned by India's Bajaj Automotive, with Pierer the majority shareholder, and is on a quest for global growth, taking the fight to BMW in Europe and launching new bikes and technology into the Indian market. Compared to BMW's and KTM's 2012 sales of around 100,000 bikes each in 2012, Husqvarna sold 10,751 bikes, which was a 15.7-percent increase over the previous year. Pierer would have a lot more freedom in the running of a company of that size.
BMW, Mini recall nearly every PHEV model built in 2020 due to fire risk
Fri, Oct 16 2020BMW is recalling a majority of the plug-in hybrid models it built in 2020 because their battery pack poses a fire risk. That's 4,509 vehicles covered by the campaign in the United States, including some made by Mini. The list of cars affected by this voluntary recall includes 2020 and 2021 examples of the 530e, the X3 xDrive30e, and the Mini Countryman SE, coupe and convertible variants of the 2020 i8, as well as the 330e (pictured), the 745Le xDrive, and the X5 xDrive45e from the 2021 model year. All are equipped with a lithium-ion battery pack whose cells might have been contaminated by debris during the manufacturing process, according to a recall notice issued by the National Highway Traffic Safety Administration (NHTSA). BMW hasn't revealed what exactly found its way into the Samsung-built battery pack's cells, or how, but it pointed out the debris can cause a short-circuit, which increases the risk of fires and injuries. It added that it became aware of the problem after four gasoline-electric X5s experienced what it refers to as a thermal incident. Engineers are currently developing a remedy to the problem. Until a solution is found, BMW is asking owners of affected cars not to charge the battery pack, not to drive in manual mode, not to engage sport mode, and not to use the shift paddles. It expects to begin fixing cars affected by the recall on November 23, 2020. 26,700 cars manufactured between January 20 and September 28, 2020, are part of the recall globally. Outside of the United States, BMW also sells plug-in variants of the X1, the X2, and the 2 Series Active Tourer. It has been a bad month for electrified cars. Ford delayed its Escape PHEV after a recall of its Kuga twin in Europe over fire risk. U.S. safety officials are reviewing reports of fires in the Chevy Bolt EV, and Hyundai has expanded a recall of the Kona EV. Featured Gallery 2021 BMW 330e View 14 Photos Green Recalls BMW MINI Hybrid
Toyota sells off Tesla shares, too
Fri, 24 Oct 2014The incredible rise of Tesla's stock price has done little to now stop two major shareholders from ditching their stake in the American EV manufacturer. First, Daimler, parent company of Mercedes-Benz, ditched its four-percent stake, and less than a week later, Toyota is doing the same thing, selling off an undisclosed bit of its Tesla investment.
The move comes as Toyota winds down sales of the RAV4 EV, which gets its batteries and electric motor from Tesla at the company's Fremont, CA factory.
"We have a good relationship with Tesla, and will evaluate the feasibility of working together on future projects," Toyota spokesperson Kayo Doi told Bloomberg via email.