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BMW to EXPORT 5-Series from China

BMW are to export China made 5-Series cars When you think about luxury cars in China, you think of big imports from the West at premium prices for newly wealthy Chinese. But BMW are planning to turn that on its head. BMW’s China CEO has revealed that before the end of 2011 we’ll see Brilliance-BMW 5-Series cars being exported to neighbouring Asian countries, as BMW seeks to cash in on its low cost, low duty China manufacturing facility.

Mercedes signs joint venture to build carbonfibre parts

Not to be outdone by BMW’s joint venture with the SGL Group to manufacturer commercially viable carbonfibre-reinforced plastic (CFRP) for the electric Megacity Vehicle, Mercedes has announced a joint venture with Japanese company Toray Industries to manufacturer and market its on CFRP automotive parts. The deal was signed in Germany today, with Toray taking a 50.1% stake, Daimler holding 44.9% and the remaining 5% being taken by other shareholders. The two companies started working together in March 2010, and while Toray has been working on the materials and moulding processes, Merc has designed the automotive parts and the technologies to join the parts together.

Steve McQueen motorcycle for sale at the Quail

If you've ever wanted to own a piece of two-wheeled memorabilia, or just have a good piece of Americana, Bonhams' third-annual Quail Motorcycle Gathering has your chance. The 1971 Husqvarna 400 that the King of Cool, Steve McQueen owned will cross the block on May 14 at the Quail Lodge in Carmel, Calif. It is not, as Bonhams previously implied, the actual bike that was on the famous Sports Illustrated cover.