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BMW profit of $2.7B is down as automaker invests to keep luxury lead

Despite selling 6.6-percent more vehicles - a record by volume - and posting higher revenues in the second quarter of 2013, BMW Group's profit of 2.07 million euros ($2.75 billion) is down 8.8 percent from last year. Investments in new technology (e.g. the new i3) and personnel, in addition to a competitive market, are to blame, BMW states. But the automaker remains committed to its fiscal targets for 2013, which, Chairman of the Board of Management of BMW AG, Norbert Reithofer, says will be "on a similar scale to 2012."
The BMW brand's sales performance in the first half of the year, which increased by 7.7 percent to 804,258 vehicles delivered, was good enough for it to maintain its lead in the luxury market, narrowly beating Audi, which delivered 780,510 vehicles, Automotive News reports. Mercedes-Benz delivered 694,433 vehicles to cement third place.

2015 BMW i8 sets everyone's tongues wagging in Northern Michigan

Like few other cars we can remember, people want to talk about the 2015 BMW i8. Drive one, and you'll soon find out what we mean. They stop you at gas stations. They accost you in Walgreen's parking lots. They stream out of neighborhood bars, beers in hand.
At least, that was our experience this week during Autoblog's Technology of the Year testing. We had the pleasure of driving the plug-in hybrid BMW sports car up to and around Petoskey, MI, a resort town where seeing such exotics is rare enough, let alone in the off season. It made for some interesting conversations - so we began writing down some of the comments the butterfly-doored coupe inspired. Here's a sampling:
"Wanna race for pinks? I'll go easy on you." - Acne-covered teenage pizza delivery driver in a sad-looking Ford Taurus parked at a Valero gas station near Grayling (which incidentally didn't actually have gas).

BMW R1200 GS Adventure is made for epic roadtrips

BMW Motorrad has taken the wraps off of its newest GS Adventure model. Based on the R1200 GS, the Adventure trim makes an already tough bike just a bit tougher, thanks to a number of technical changes that improve off-road capabilities without sacrificing any of the R1200 GS' riding manners.
The most noticeable change might be the larger fuel tank, up in size from 5.3 gallons to 7.9 gallons, although this largely due to the Adventure's lower fuel economy - it loses about three miles per gallon to the regular R1200 GS. BMW claims that the larger tank won't inhibit riding comfort, thanks to its narrow design and placement in the bike's frame. The spring travel is 0.8 inches longer, while there's nearly half an inch of extra ground clearance, which is largely responsible for its improve off-road talents. A new, larger seat promises a more comfortable ride and a greater range of adjustability, while a few tweaks within the engine offer an even smoother delivery of the bike's 125 horsepower and 92 pound-feet of torque.
We have a full gallery of images of the R1200 GS Adventure available up top, along with the entire press release from BMW, which can be found by scrolling down.