34k Low Miles 2006 Bmw M5 5.0l V10 Nav Leather Sport Paddle Shift Trans Sunroof on 2040-cars

Auto blog

2014 Dinan S1 BMW M5

The last time the Dinan name graced the pages of Autoblog, Michael Harley was waxing poetic about the S3-R BMW 1M Coupe, a car that still stands in his ranks as one of the best cars he's ever driven. And that wasn't just because it was, you know, amazing. It's because as far as tuners go, Dinan produces some seriously well-executed products. Harley said of the 1M, for example, "It was so fully formed and well-rounded that it felt like BMW itself had made it."
Eager to sample some of these wholly wonderful wares, I cleared a few hours in my Monterey Car Week schedule and booked a date with the S1 M5 you see here - the (current) daily driver of Mr. Steve Dinan, himself. But unlike the S3-R 1M the company tuned previously, the donor car in question here is vastly different and, if I'm honest, not as good. See, I adore the stock 1M in a way words cannot express, but the standard-issue M5... good as it is, there are indeed a few flaws.
But after driving the Dinan S1 M5 around the Monterey Peninsula, I can confirm two things. First, Harley's conclusion that Dinan builds products that feel 100 percent BMW-spec is absolutely true. And second, Steve and the gang haven't just created a tuned M5, they've built a better one.

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

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

Company car offers in decline, but not at The Cheesecake Factory [w/poll]

As businesses look to keep high-level employees happy, it seems that use of company cars can still be an effective method, although fewer companies are employing it. According to Businessweek, only about 25 percent of companies offer company vehicles as a perk, while less than half give allowances for employees to use their personal vehicles for work purposes.
The report says that one business still in the practice of handing out company cars is The Cheesecake Factory, which offers the benefit to top managers. And we're not talking about some econobox, either. The article indicates the restaurant chain hands out BMWs on a three-year basis - although the company's own report says that the type of vehicle "varies with the executive's level."
Still, we mostly agree with the article's conclusion that money is the best way to keep employees or attract new ones, even if a corporate car is a big perk. What do you think? Let us know, in the poll below, whether a company car could sway you to work for a certain company (not just the Cheesecake factory, where the "Glamburgers" portion of the menu alone is enough to keep a guy hanging around).