After much anticipation among the motoring enthusiast crowd, the next generation of BMW’s legendary M3 has finally been revealed. And for the first time in its 15-year history the M3 will get V8 power. Under the bulging hood will lurk a 4.0-liter V8 engine producing 420 horsepower and 295 lb-ft of torque, teamed with a 6-speed manual transmission rather than the controversial sequential manual gearbox (SMG). BMW claims 0-62 mph in 4.8 seconds with a governed top speed of 155 mph. The bold fender flares, air intakes, side sills and discreet rear spoiler will help differentiate the M3 from the standard 3-Series. The M3 will also be the first in the segment with a carbon fiber reinforced roof for greater rigidity and a lower center of gravity. Meanwhile, the 5-Series gets a refreshed look for the 2008 model year with updated exterior styling, enhanced interior design and upgraded materials. In addition the 525i and 530i will become the 528i and 535i, respectively, and both get revised engines to match their new names. The 528i will have 230 horsepower, while the 535i gets BMW’s new turbocharged inline 6-cylinder engine producing 300 horsepower.
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