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AC Schnitzer packs 400-hp, tri-turbo diesel into 1 Series

At first blush, this might look like your run-of-the-mill BMW 1 Series, maybe with a few modifications. What you're actually looking at is a monster hot hatch with 400 horsepower and 590 lb-ft of torque. From a diesel. For this year's Essen Motor Show – Germany's equivalent to SEMA – the Bimmer specialists at AC Schnitzer prepared the ACS1 5.0d concept you see here. Its selling point (if only it were for sale) is the combination of BMW's most powerful diesel engine and its smallest model. It utilizes the 3.0-liter triple-turbocharged inline-six diesel engine from the M50d versions of the 5 Series, X5, and X6 sold in Europe. That engine is normally rated at 376 hp and 545 lb-ft, which is already a ton of muscle. But Schnitzer has bumped up the output on both counts, and slotted it into a 1 Series hatchback. The result is a 0-62 time of just 4.5 seconds, leaving the M135i and M235i in a cloud of diesel soot. Of course, Schnitzer has plenty more to showcase at Essen this year, including modifications for the 3 Series, X6 M, and Mini JCW. And you can bet all the other major European tuners will be on hand at the expo to show their wares, too. But as far as outlandish creations go, this monster diesel hot hatch is what's caught our attention. Compact and incredibly powerful The 1-series by AC Schnitzer with impressive motorsport quality At first sight, you do not expect brute force from the BMW 1-series. So the performance of the compact Bavarian after the AC Schnitzer tuning experts have equipped it with the M50d power plant and impressive performance upgrade, is even more incredible. Originally designed for the 5-series, the "Diesel M-Technik" pack propels the 1-series a long way forward. The smallest BMW series now has an impressive drive concept from AC Schnitzer. After the performance upgrade, the concept engine of the ACS1 5.0d delivers 294 kW/400 hp and 800 Nm torque for generous thrust. Equipped in this way, it takes just 4.5 seconds to sprint from 0-100 km/h. The acceleration from 80-180 km/h is even more impressive: the ACS1 5.0d takes just 7.9 second for this. The smallest of the compacts, the 114i, is already impressive thanks to a power increase by 52 hp to 154 hp. The four-cylinder petrol engine of the 116i, thanks to motorsport technology, now delivers 204 hp instead of 136 hp. The same figure is also achieved by the 118i, which previously had 170 horses under the bonnet.

2021 Acura NSX leads this month's list of discounts

The 2021 Acura NSX is an especially good deal this month. Not only does it carry the torch as the vehicle with the biggest discount measured by the percentage off its sticker price, that discount is also the largest of any vehicle currently sold in the United States when measured in sheer size. Here are the numbers: The average sticker price of all 2021 NSX models sits at $161,040. Buyers are paying an average transaction price of $142,907. That equals a discount of 11.3%, or $18,133 of savings. No other vehicle comes close to that kind of discount, with the next largest being for the 2021 BMW 7 Series. Buyers of that luxury sedan are saving an average of $11,661 for a transaction price of $94,884. There's another sharp dropoff after the BMW. In third place is the 2021 Maserati Quattroporte, which actually kicks off a party of savings at Trident dealers across the United States. The '21 Quattroporte is seeing $7,743 cut off its sticker price for an average transaction of $121,962. After that comes the 2021 Maserati Ghibli, which is averaging $7,394 off for a sign-on-the-dotted-line price of $78,592. If you don't want a sedan, the 2021 Maserati Levante's $6,738 discount equals an average transaction price of $78,592. For a look at the best new car deals in America based on the percentage discount off their suggested asking prices, check out our monthly recap here. And when you're ready to buy, click here for the Autoblog Smart Buy program, which brings you a hassle-free buying experience with over 9,000 Certified Dealers nationwide.

Automakers are getting nervous about Europe's economy

Carmakers BMW and Stellantis on Thursday expressed concerns about Europe's economic outlook, joining a chorus of retailers and others in warning of waning consumer confidence on the continent and hitting their shares. "Obviously the macro(-economic situation) in Europe is more challenging, which gives me pause, personally," Stellantis chief financial officer Richard Palmer said on a conference call with analysts. "If there was anywhere where I was more concerned, it would be Europe than anywhere else really based on the macro." This follows a dire assessment of consumer sentiment in Europe from the likes of consumer goods company Unilever and news of lower spending by Europeans from Amazon. Like other major auto companies, Stellantis and BMW have been hit by supply chain disruptions stemming from the global coronavirus pandemic that have curtailed car production. They have also benefited from strong consumer demand amid low vehicle supply, allowing them to raise prices and keep them high even as the semiconductor shortage shows signs of easing. BMW posted a 35.3% jump in third-quarter revenue despite a small drop in vehicle sales. Stellantis said its revenue rose 29% on the back of a 13% increase in vehicle sales as more semiconductors became available. The concern among analysts has been that demand may falter, just as carmakers get their hands on the supplies they need, undermining pricing and hurting profits. But this week Ferrari said it was confident about its prospects for this year and 2023 as demand for its luxury cars, as well its pricing power, remained strong. Both BMW and Stellantis said on Thursday they had vehicle order books that stretched into the second quarter of 2023. But BMW's chief financial officer Nicolas Peter said high inflation and rising interest rates could hit buyers' wallets. "This is causing conditions for consumers to deteriorate, which will affect their behaviour in the coming months," he said. "We therefore continue to expect our higher-than-average order books to normalise, especially in Europe." He added customers had been unhappy about the wait for new cars, so "a slight reduction (in orders) would not be negative." Palmer said Stellantis was "ready for any softness in demand" but in the short term had been affected by a shortage of drivers to deliver its cars to dealers. "At the moment, we can't build enough cars," he said.