The history of BMW is checkered and interesting to follow, but they are still here today, and looking forward to more to come. BMW celebrated its 100th birthday in Munich this week by reveling in past achievements and suggesting some important ones to come, but investors only asked, what has the company done for us lately.

And surprisingly, given the 100 years covered some parts of history best forgotten; BMW bravely came up with a full frontal apology.

In a long statement headlined “BMW Group The Next 100 years,” the company pointed to the 1930s and 1940s, when under the National Socialist regime it operated exclusively as a supplier to the German arms industry.

“As demand for BMW aero engines increased, forced laborers, convicts and prisoners from concentration camps were recruited to assist with manufacturing them. To this day, the enormous suffering this caused and the fate of many forced laborers remains a matter of the most profound regret,” BMW said.

BMW is organizing a world tour to talk about future opportunities and change for it and the auto industry in general in the next 100 years. The BMW Vision 100 tour will end in the Los Angeles in October. The tour will discuss –

The opportunities opened up through digitalization and connectivity

The increasing role of technology in our lives

BMW Group’s vision of a sustainable future

The company’s commitment to expand its efforts as a good corporate citizen

Investors though have more pressing concerns.

Morgan Stanley analyst Harald Hendrikse worried that in the fourth quarter of 2015, BMW’s profit margin may have slipped beneath the long-term target of eight to 10 per cent.

“We forecast an Auto EBIT (earnings before interest and tax) margin of 7.7 per cent for Q4 2015, below the eight per cent lower limit of the target range,” Hendrikse said.

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Everybody is striving to create the most popular electric car, who knows what can happen in the next couple years?

Faraday Future debuted a stunning electric vehicle concept at CES 2016 on Monday night. But Tesla can do a lot between now and 2018 (or thereabouts) when Faraday plans to bring out a real car.

Executives from Faraday Future, the Chinese billionaire-backed startup,were dropping buzzy-sounding ideas like Variable Platform Architecture, battery strings, and “aero-tunnels” Monday night. Jia Yueting, the billionaire founder and chief executive of LeTV — a Chinese media company with a market value of over ten billion dollars — is putting down some serious bucks. He’s one of the principals investing $1 billion in a 3 million square foot manufacturing facility on approximately 900 acres in North Las Vegas. The project would create 4,500 direct jobs on site.

But the first production vehicle won’t be here for “a couple of years,” as Nick Sampson, a senior vice president at Faraday and a former Tesla engineer, said on stage Monday night (to be fair, he used the word “only” when stating a couple of years and also had praise for Tesla: “Tesla andElon Musk have created something we should all applaud them for”). The challenge is, in a couple of years, the Tesla Motors TSLA -2.38% Model X crossover will be a maturing platform and pouring out of Tesla factories.  And of course that’s when the mass-market $35,000 Model 3 should hit the streets. And, needless to say, Tesla will have new car and technology announcements over the next couple of years.

Faraday claims it’s going to move fast and be able to crank out everything from FFZero1-like cars to SUVs to “even a pickup truck” based on its Variable Platform Architecture (see video at bottom). The VPA includes a battery structure arranged into “strings” — adding or removing strings changes the battery capacity and allows FF to develop new wheelbases. VPA also allows modular motor and power train configurations, including layouts with up to 4 motors and two or all-wheel drive systems.

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With the demand for more Tesla automotives increasing at a high rate the need for the company to grow and change becomes essential. The latest change for Tesla Motors is the Model X’s second-row seats.

In August, Chief Executive Officer Elon Musk told investors it was difficult to make the seats, which he described as a “sculptural work of art, but a very tricky thing to get right.” They were so challenging that they led him to reduce the electric-car maker’s delivery forecast that month to as few as 50,000 from 55,000, which set off a wave of skepticism over his ambitious plans.

“We have substantially in-sourced the seats at this point,” Musk said Tuesday during the third-quarter earnings call with analysts. “Tesla is producing its own seats.”

Musk has long been a fan of doing things on his own as much as possible, such as building the world’s largest battery factory outside of Reno, Nevada, to streamline production and reduce costs to bring a more-affordable car — the Model 3 — to market. When an analyst asked Musk about the enormous costs of the automotive industry, Musk said that Tesla is becoming more capital-efficient.

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BMW is well known for the quality of cars they make and the technology embedded within however with this new seven series you will stand out even more so.

With the proliferation of technology across all vehicle segments, luxury automakers have to work harder to differentiate their cars. After all, when Buick and BMW both have Apple CarPlay, there isn’t much brand discrepancy via the dashboard display.

The 7 Series is BMW’s flagship and therefore the German luxury car company’s technology standard-bearer. Previous generations debuted the first in-dash navigation system, active safety features and center-console infotainment controller, iDrive, which other automakers later adopted.

BMW boasts that the all-new 2016 7 Series features 24 new innovations, and that half of those are segment exclusives. I got a chance to test drive the new 7 Series at a press event earlier this week and came away impressed with these six new tech features.

Gesture Control

Not only is the new 7 Series the first BMW with a touchscreen, but to activate certain features it doesn’t even need to be touched. The 7 Series has gesture control thanks to an infrared camera positioned in the headliner that detects the position of a hand in a small sweet spot above the shifter. Twirling a finger clockwise increases the volume of the stereo and twirling it counter-clockwise decreases it. Simply pointing at the screen can perform answering a call on a connected Bluetooth phone or swiping a finger can ignore the call. Two gestures can also be programmed to control a pair of favorite features.

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How much easier will it be as you go to work with your car driving for you? Will it be safer, can you get more done? However, you may need to wait for this automotive dream to become a reality.

As more than 800 engineers, software developers, transportation experts and other technical folks met last week in this Detroit suburb to discuss the risks and benefits of autonomous and connected vehicles, they were raising more questions than finding answers.

Here are six unsolved challenges that stand between the technologies’ potential and reality:

1. Cybersecurity and privacy protection. Maybe this can’t be solved until there are thousands of pilot vehicles on our roads, but last week Wired magazine writer Andy Greenberg wrote about two cybersecurity experts who accessed a newer Jeep Cherokee’s computer brain through its Uconnect infotainment system and rewrote the firmware to plant their malicious code. The result: hip-hop began blasting through the stereo system, the AC turned to maximum force. Then the hacker’s code killed the transmission and brakes. We know autonomous cars will have even more software coding. One major attack and consumer confidence in the technology could be severely damaged.

2. How much will these vehicles cost? Established automakers are introducing progressively more advanced autonomous features in their most expensive models. Ride-hailing or other fleet-based services such as Uber or Lyft will try to deliver their service at a lower price than competing options.

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Investments change everyday, and the trends of how people can invest change as well. From silver, to housing, to own a business they are all very different. Today there is a new type of investment, by purchasing a new car to rent out to other people.

Car manufacturers are desperately seeking new ways to increase sales, maximize financial returns and address the changing needs of new generations like the millennial, but urging people to rent our their own brand new cars stretches credulity and will fall on stony ground.

News this week that BMW’s Mini will offer buyers of its cars the chance to offset the purchase price by renting out their vehicles surely won’t find any takers. BMW itself has a similar scheme called Drive Now, which board member Peter Schwarzenbauer has said is based on the idea from accommodation sharing web site Airbnb. Ford and GM have also joined in.

Schemes that allow people who don’t own cars to rent by the hour make much sense. This allows the young, who either can’t afford to own a new car, or don’t need one very often, to get wheels for specific jobs. It also allows makers of electric cars which nobody wants to buy, to get them off dealer lots and earn some money.

If it was a scheme that allowed, say, students to rent out their old clunkers to generate enough cash to pay for running costs and then some, it might make some sense. But is there anyone in the history of the world who bought a brand new car – whether it’s a little runabout or an expensive limousine, that would ever let a stranger drive off in it? The fact that they could afford a new car in the first place means the financial incentive just isn’t there.

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We all build that connection with our car, but sometimes it causes more troubles than its uses. At that point in time you might have to get a new car.

Perhaps it’s because of the cost and the sacrifices we make to own and operate them, or because they represent independence and mobility. But regardless, all this emotion can cloud our decision-making process when it comes to parting with our beloved daily driver. Many automakers invest as much time and energy in creating and developing an emotional bond between their products and their customers as they do in designing and building the vehicles themselves. If you doubt this, consider the amount carmakers spend on advertising each year compared to what they spend on R&D. While every auto manufacturer will supply an endless list of reasons why you should buy their particular product, few will help you decide when, and if, it’s time to leave your wheels by the curb and buy or lease something new. Here, then, is some advice to help make that decision easier.

Time and distance

Of all the auto executives I’ve met over almost four decades, only one ever admitted to the lifespan for which they design and build their vehicles to survive. While no auto company will admit it, the useful life for the majority of mainstream, non-luxury vehicles is about 10 years and/or 250,000 kilometers. While many cars, light trucks and SUVs may exceed that mark without exceptional repair or maintenance, a good percentage are relegated to the boneyard much sooner. A vehicle’s reliability takes a decidedly marked downturn once these milestones are passed. Does this mean we need to rush to the nearest dealership when the odometer clicks past that fateful mark? No, but it means it’s time create a succession plan. No matter the many variables when it comes to our relationships with cars, there’s one constant you can rely on: when you are forced to make a rushed decision on purchasing or leasing a vehicle (because your present chariot is dead in the driveway) it will cost you more than if you planned ahead.

Major repair estimate

Everyone dreads this call. They’ve had the family car towed into their repair provider because it failed to start/move/stop, and they get the estimate to overhaul/repair/replace something big. A good rule of thumb in these circumstances is to review your options of repairing or replacing your vehicle if a single-repair estimate approaches or exceeds its wholesale value. A quick internet tour of just about any used vehicle sales website can pinpoint this value. Just take the average asking price for the same vehicle in your area (with identical equipment and mileage) and subtract around $1,500 from a retailer’s asking price to come up with a wholesale value. Vehicles, unless it’s a collector classic, are a depreciating asset. Spending its entire value in one repair won’t double its worth.

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Justin Timberlake reportedly plans to donate his $3 million Super Bowl party appearance fee to charity.

The actor-and-singer is currently making his music comeback following the release of Suit & Tie, his first new single in several years. Justin has a series of high-profile performances coming up, and returned to the stage over the weekend for an hour-long concert. He was accompanied by a ten-piece band and welcomed guest appearances from Jay-Z and Timbaland for his live concert at the star-studded DirectTV Super Bowl party.

According to New York Post, Justin was paid $3 million to perform and he will reportedly give that sum away to charity.

She ain’t just a pretty blond! International socialite Paris Hilton, who was in Goa to spin the disc at India Resort Fashion Week (IRFW), gears up for some charity work in Mumbai.

Paris landed in Mumbai from Goa on Monday morning. She will visit an orphanage in Bandra and plans to spend some time interacting with the children there.

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Well-wishers for Robin Gibb are being asked to donate to a Manx charity instead of sending funeral flowers.

The Bee Gees singer, who died aged 62 after a lengthy battle with cancer, was born in the Isle of Man in 1949.

His family have requested donations to children’s hospice Rebecca House in Douglas.

The facility, which provides care for children with life-threatening conditions, was officially opened by Gibb and his wife, Dwina, in 2008.

Speaking of the arrangements, hospice chairman Sir Miles Walker said: “You never really think people as famous as Robin would remember a hospice in the Isle of Man.

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