Forbes Autos Ranks BMW 1 Series and MINI Cooper in Top 10 for Resale It's no surprise to us that BMW's 1 Series and MINI's Cooper models hold their value exceptionally well. The folks at ForbesAutos.com recently announced their top ten value retainer, and the MINI topped the list, with the 1 Series shortly behind in third. According to the article, "The Infiniti G37 Coupe, BMW 1 Series and Audi S5, which rank second, third and tenth, combine sophistication with spirited energy."
The fully story is available at finance.yahoo.com.
Freeman still in serious condition after car crash.
JACKSON, Miss. - Morgan Freeman remained in serious condition Tuesday with a broken arm and elbow after rescuers used a jaws-of-life machine to free him and a passenger from their car after it crashed on a stretch of rural Mississippi Delta highway this weekend. ADVERTISEMENT Freeman, 71, and Demaris Meyer, 48, of Memphis, Tenn., were taken to the Regional Medical Center in Memphis following the accident in Tallahatchie County on Sunday night. State troopers said the car careened off the highway and overturned twice before landing upright in a ditch. Donna Lee, Freeman's publicist, said the Oscar-winning actor, who underwent surgery late Monday, has a broken arm, broken elbow and minor shoulder damage "but is in good spirits." Lee said "The Dark Knight" star is expected to make a full recovery. read more
Test Drive: 2008 BMW M3 Coupe
"M" � among serious driving enthusiasts, there's no other letter that carries so much weight. Tell a fellow car buff you drive a 2008 BMW M3 (or any other member of the M family) and you might as well tell them you broke 70 on your last round of golf, or that you're taking Scarlett Johansson out for drinks. In other words, they'd be impressed...and jealous... NEXT
BMW Readies Electric Vehicles for Technical Trials
Over the next months, the BMW Group will be carrying out various series of tests on electrically powered vehicles to determine the alternative drive of the future. Several hundred MINI brand vehicles are being prepared for this. The cars, built in the Oxford plant, will be modified accordingly in Munich and fitted out for trials.
"This step will allow the BMW Group to gain an initial knowledge of how mobility can be achieved efficiently using purely electrically powered vehicles. Our task here is to combine the ultimate driving experience with an efficient electrified drive with practically no emissions", underlined Dr. Norbert Reithofer, Chairman of the Board of Management of BMW AG.
The tests on alternative drives in a MINI body will be used over the next 12-18 months to refine the technology. Details about the drive concept and its marketing will be published towards the end of the year.
BMW Reports July 2008 Sales
Woodcliff Lake, NJ - August 1, 2008... The BMW Group in the U.S. (BMW and MINI combined) reported July sales of 28,977 vehicles, an increase of 2.2 percent over the 28,364 vehicles sold in July 2007. The BMW Group also reported its year-to-date sales volume of 186,890 vehicles, down 3.0 percent compared to 192,702 vehicles in the same period of 2007.... NEXT
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