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BMW and Toyota to team up for sports car

BMW and Toyota have agreed to jointly engineer and produce a new sports car as part of a broad-reaching technical partnership that is also set to center on lightweight construction solutions, fuel-cell development and hybrid powertrains. The announcement of the deal builds on an existing agreement for the supply of BMW diesel engines for various Toyota models, agreed to in December 2011. That was advanced with the signing of a memorandum by BMW CEO Norbert Reithofer and Toyota chairman Akio Toyoda in Munich, Germany, on Friday.

BMW 5-Series GT to get xDrive – BMW 740d xDrive announced

BMW are adding xDrive as an option across the 5 Series GT range We really don’t ‘Get’ the BMW 5 Series GT. To be fair, we haven’t driven one so it’s a viewpoint from afar. But we can’t deny it fills the gap between the 5 Series Estate and the 5 Series Saloon,  we just hadn’t realised that there was a gap that needed filling.

Want a 28% return on investment? Buy a Classic Ferrari.

The Wall Street Journal declares a classic Ferrari as a sound investment with returns in the last year averaging 28% on important models. It seems, especially if you’re a petrolhead, you can have your cake and eat it by investing in classic cars, and particularly in classic Ferraris, and not just see your investment on a balance sheet but in your garage too. The Wall Street Journal has been looking at ‘Treasure ASsets’ like fine wines, works of art and classic cars.