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Alpina B4 coupe will be your subtle M4

We're big fans of Alpina here at Autoblog - the BMW tuner has created some seriously delicious products in the past, and recently tuned the diesel-powered 3 Series wagon to create the D3 Bi-Turbo. What we like most about Alpina is how the cars only look subtly more aggressive than stock, yet they pack a real wallop under the hood.
Take this B4 Coupe, recently spotted testing at the Nürburgring. It looks pretty tame compared to the normal 435i, the only visual additions being the Alpina-standard 21-spoke wheels, modified front lip and rear wing spoiler. But under the hood, Alpina is reportedly working on a tuned, twin-turbo straight-six that produces something like 410 horsepower. That means the B4 should be good for a 0-62 time of 4.2 seconds, with a top speed around 190 mph. Rear-wheel drive will be standard, though our spies suggest that Alpina could also use all-wheel drive here in the B4.
We have no doubt that the next BMW M4 will be super hot, but for those seeking a bit more stealth and exclusivity, this Alpina B4 certainly looks the business. Check it out in our gallery above.

Daimler, BMW, Audi consortium nabs Nokia maps for $2.72B

A consortium of German automakers made up of Daimler, BMW, and Audi has reportedly banded together to buy Nokia's Here mapping division for the equivalent of about $2.7 billion. The particulars of the deal aren't yet official but could be announced at the end of July. Reuters claims that this info comes from anonymous insiders speaking to Manager Magazin in Germany. It might be too soon, however, to declare a buyer. Reuters also spoke to two other insiders, and they said that no deal has been completed yet. None of the firms involved has officially spoken about the negotiations. Some of the other bidders for the division have reportedly bowed out. Here is a high-definition digital mapping company that controls about 70 percent of the auto market. The company has a fleet of vehicles with cameras and LIDAR (pictured above) to generate all of the necessary information. It also partners with trucking companies to use their GPS data. Nokia started looking for potential buyers for Here earlier this year. Tech giants that reportedly included Uber and Apple were rumored to be interested, while German automakers also teamed up to submit a joint bid in part to protect their access to the maps. On paper, Here is only valued at around $785 million, but a sale in the billions now seems assured. Related Video: News Source: ReutersImage Credit: Nokia Here Earnings/Financials Audi BMW Technology here nokia here

BMW looking to save billions with cost cuts

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.