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New BMW 2 Series M Performance Parts revealed

The new BMW 2 Series (pictured) gets a range of M Performance Parts The opposite side of the coin from debadging your high-end BMW so no one knows you’re packing a big punch is adding M Performance parts to turn your lowly diesel in to something that looks like it will win every traffic light grand prix going. And when the new BMW 2 Series Coupe – the replacement for the 1 Series Coupe – arrives in the UK in March 2014, buyers will have a wide range of options from the BMW M Performance Parts offerings to tweak the interior and exterior looks, suspension and the engine. Power upgrades are available for the 220d Coupe which increase the output of the 4-cylinder diesel by 16bhp and adds an extra 29lb/ft of torque for a new output of 197bhp and 310lb/ft of torque, despite which official economy figures remain unchanged.

UAW: GM, Chrysler may not need additional federal funds

UAW President Ron Gettelfinger said today that General Motors and Chrysler LLC may not need additional federal loans beyond the $17.4 billion approved by the White House. "If we can get by without more money, that's what we want to do," Gettelfinger told Automotive News in an interview at Solidarity House in Detroit. He said how well the money holds out will depend on sales volume this year.

BMW M3 set to compete in DTM from 2012

It might have pulled out of F1, but the upshot is that BMW has announced plans to enter the German Touring Car Championship (DTM) in 2012 with the M3, plus it’s developing a new racer and 1.6-litre turbocharged engine, and will continue its other production car-based racing activities. ‘Following the withdrawal from Formula One, the realignment of our motorsport programme is raising our presence in production car racing to a whole new level,’ said BMW board member Dr. Klaus Draeger.