
Last week BMW annouced that they are leaving Formula 1 next season. A dutch newspaper, De Telegraaf, reported that they refused an offer from Peter Sauber.

Last week BMW annouced that they are leaving Formula 1 next season. A dutch newspaper, De Telegraaf, reported that they refused an offer from Peter Sauber.
In Q2 of 2009 BMW made 121 million EUR profit. That’s a whopping 76% lower than last year. In the same period last year the profit was still 507 million EUR. Due to the financial crisis bmw is suffering under decreasing sales in the luxury segment.
“Despite some minor positive signals, there is still no real recovery in sight” according to Norbert Reithofer.

BMW presented the armored versions of the new 7-series. The 750Li and 760Li are being offered in a “High Security” edition. They both apply to the VR7 regulations. The bodywork even applies for the VR9 regulation.