BMW 3 Series Hits 40th Birthday

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By Douglas A. McIntyre Updated Published
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One of the most awarded cars sold in America has reached its 40th birthday. The BMW 3-Series has been a staple of the import car industry for so long that it has posted 22 years on the Road & Track “Ten Best Cars” annual list. As its reaches the milestone, BMW has changed its line up so that the car is does not exist as it has for all of those years. The portion of the BMW model line has been broken into the 3 Series and 4 Series, ending the run of one of BMW’s most successful models

BMW’s own description of the car’s history:

The original since 1975: The BMW 3 Series is the embodiment of a sporty sedan. In its sixth generation, this irresistible combination of dynamic design, unrivalled agility and excellent everyday practicality is as impressive as ever. Optimum weight distribution, classic rear-wheel drive and powerful, high-efficiency petrol and diesel engines with BMW EfficientDynamics technology guarantee outstanding dynamics and low fuel consumption. The intelligent BMW xDrive all-wheel-drive system ensures the best-possible traction at all times. And with the Sport Line, Luxury Line or M Sport package options, you can adapt your BMW 3 Series Sedan in line with your own personal needs and wants.

Among the reasons for the past success of the 3 Series is that it came in more than one model, running from prices that made it is an entry level car ($32,950) to an expensive performance car — the M3 (over $70,000). It has maintained that spread for decades, and advanced its model line through the introduction industry leading technology, which recently included the introduction of an electric hybrid which allows it to compete with, more or less, Tesla Motors Inc. (NASDAQ: TSLA).

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The model’s new configuration, separates the line up into two parts. A 4 Series model is primarily a coupe. The 3 Series has become primarily the sedan version. BMW has had a great deal of success with the duo. For the first four months of the year, the 3/4 Series version’s sales reached 41,205, up 20% from the same period in 2014. That makes it the best selling segment of BMW’s car sales. Apparently, BMW management made a smart decision.

On its 40th birthday, the 3 Series may have been broken into piece. However, the pieces have prospered.

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About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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