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The AutoGuide News Blog is your source for breaking stories from the auto industry. Delivering news immediately, the AutoGuide Blog is constantly updated with the latest information, photos and video from manufacturers, auto shows, the aftermarket and professional racing.
 |  Nov 20, 2:02 PM

Despite BMW chairman Norbert Reithofer’s distaste toward sport cars, the brand will likely soldier on with its M1 halo car, now rumored to be called the M8.

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 |  Jul 24, 1:32 PM

Missing a flagship at the moment, BMW is being left out of the supercar segment Mercedes and Audi both have hands in, but that might change soon according to reports from Britain. 

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 |  Dec 15, 6:30 PM

BMW has wavered back and forth since debuting its M1 Hommage Concept on whether or not a successor to the original M1 would ever come to fruition. And even after BMW announced that the M1 revival project had been tossed out the window, rumors continued to fly that BMW’s M-division would still build a supercar to rival Audi‘s R8, Mercedes-Benz‘s SLS and Lexus‘s LFA.

Now those rumors can officially come to rest after an interview by egmCarTech with Matt Russell, product manager for the North America’s M-division. “We’ve discussed these possibilities”, said Russell, “but ultimately, we didn’t feel the need to make a very exclusive high-end supercar and we still don’t. I already firmly believe that we produce supercars, except that they’re two in one: an executive car with supercar performance. They are the essence of BMW M-Cars.”

Russell even went further, stating that BMW’s current-generation M3 is  ”spot on with the Audi R8 V8 in terms of performance numbers like lateral G’s, braking and acceleration.”

We guess that’s true, but BMW still lacks a super car that can’t be seen everyday on the street. Truth be told, owning an M3 doesn’t exactly make you as unique as owning an R8. Nonetheless, BMW will focus on producing its electric i8 sports car, set to make its debut in 2014.

[Source: Left Lane News]

 |  Jul 14, 4:55 PM

Everyone has seen old hippy van painted to the nines or cars with wacky paint jobs driving down the street but you’ve probably never seen cars like this.

This type of art became popular enough in the last few decades for art car shows to materialize. BMW has been involved in art cars since the mid-1970s getting Andy Warhol and Sandro Chia to paint a piece for the gallery. The first BMW art car was a 3.0-liter CSL painted by Alexander Calder in 1975. BMW canvases have included the M1, Z1, E34 and E36.

All 17 BMW art cars  can be viewed here!

Check out the video after the jump!

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 |  May 01, 8:56 PM

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Looking to spend over $150,000 on a true collectible? This 1980 BMW M1 was spotted on eBay sporting quite the price tag, but with good reason. Not only is it just one of 456 M1s ever produced, the original owner of this vehicle has kept it completely pristine and it only sports 2,745 miles on the odometer. The vehicle is completely stock and unrestored, its original Henna Red still shining brilliantly.

The vehicle has been garaged the majority of its life in a German private residence and was only recently imported over to America after the 25-year requirement passed. The M1 sports a 3.5L straight-six powerplant, boasting 277-hp and a five-speed manual transmission. Looking for a true collectible? Hope you’ve been saving your pennies since birth!

GALLERY: Mint Condition BMW M1

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[Source: eBay via Carscoop]