FastMotoring Motor News In Speed

BMW reported a huge bound in third-quarter net profit on Wednesday as recovering global markets snapped up its saloons and SUVs. BMW said its net profit surge 11-fold from the equivalent figure last year, to 874 million Euros, and stood by its sales target for this year and profitability targets for 2012.

“Strong demand for our models, a high-value model mix and the group’s strong sales position on international automobile markets resulted in above-average earnings,” a statement said.

BMW said the group still planned to sell more than 1.4 million vehicles this year, and was aiming for a profit margin of between eight and ten per cent for its core auto activities in 2012.

It also forecast “a significant increase in group pre-tax earnings for the full year 2010,” but did not provide a detailed figure.

Photo Gallery: 2011 BMW 5 Series sedan

It will be the last thing on earth that I will ever think BMW makes better all-wheel drive systems than Audi’s Quattro system. But….

You got to believe me! After watching this clip his will totally change your perception.

Keep in mind both of the cars had traction control settings switched off as this was more of a test to distinguish the difference between the centre differential slip and overall four-wheel drive torque split capabilities.

In the clip, we get a glimpse at what appears to be some sort of BMW press event and a hill climb-off between two diesel-powered premiums SUV. Watch it after the jump…!

Out of the BMW new displays in the Paris Motor show, the BMW 1 Series Coupe “M” edition was taken out around Paris for some strip tease. Mostly covered with canvas, the car has a few cut out openings to tease us about what BMW 1-series or rather known as BMW 1M coupe could offer.

We can see the front fender is widen and expecting some changes on the headlamp as it has been taped up. The lower front bumper has been redesign to allow more air to the engine and for a more aggressive look. The BMW 1M coupe will be lighter and cheaper as we can see compare to the BMW M3 and M5.

From the rear we can see a pair of twin exhaust on each of the side much like the BMW M3 and M5.  The rear bumpers has been redesign to with air dams above exhaust. As rumour stated, there will be only 2700 units to be made. We expect this to be an exciting and more affordable agile-performance car from BMW soon.

BMW has used two busy office buildings for a massive, unique 3D projection display right in the middle of Singapore City Centre – Suntec City, Towers 2 & 3. They transformed busy office buildings in Singapore from a symbol of work, into a symbol of Joy.

‘Joy’ is BMW, BMW will bring you lots of ‘Joy’. Check out the first ever outdoor 3D projection in Asia that plays Interactive 3D building projection by BMW Asia.

Lately, there is a report by Edmunds’ Auto Observer from United States of America correctly points out that the rest of the sports car market isn’t faring nearly so well even for the Japanese Line-up. It shows that sports cars like the once hot Nissan GT-R, with only 106 sales in April, are now struggling for sales. Porsche 911 sales are down 18 percent from a poor 2009, only 428 Mazda RX-8s have been sold in 2010 and Nissan failed to sell 1,000 copies of the fun to drive 370Z.

Therefore, let’s share your thoughts and take the poll below.