Jeff Koons has unveiled his Art Car at the Centre Pompidou in Paris ahead of its participation in the 24 Hours of Le Mans in France on June 12-13, 2010.

On June 1, Koons unveiled and signed his BMW M3 GT2, making him the 17th BMW Art Car artist, following in the footsteps of Warhol, Lichtenstein and Stella.

Three hundred VIP guests watched him unveil the design in the exact same spot that Roy Lichtenstein presented and signed his Art Car back in 1977.

In celebration of the 70th anniversary of BMW’s history victories at the Mille Miglia, BMW has marked the occasion with a few events and restoration cars.

However, now BMW has gone one step further and taken its top of the line roadster, the Z4 sDrive35is, and created a limited edition Mille Miglia edition.

Only 99 units will be buit, each coming with a Polaris Metallic matte finish, blacked out front grill, an M aerodynamic kit and 19-inch wheels finished in Dark Chrome.

BMW, Ford and Volkswagen have joined General Motors, Mercedes-Benz and other leading Western brands in unveiling concept vehicles for the Chinese market at the Auto China 2010 motor show in Beijing.

Following in the footsteps of German competitor Mercedes-Benz, BMW showed its own four-door coupe, the BMW Concept Gran Coupé.

The concept, intended to combine the “exclusivity of a Gran Turismo with the fascination of a high-performance sports car,” sits some ten centimeters lower than the BMW 5 Series, with a sleek roof that tails off towards the rear.

BMW DesignworksUSA have teamed up with Brazilian aircraft manufacturer, Embraer, to present a new generation of the company’s executive jets.

This interior is intended for the company’s line of medium-range jets. Featured on the Phenom 100 and 300, the cabin blends modern styling with futuristic design.

It features a full galley and lavatory and a very Teutonic, tech-heavy lounge-style cabin with lay-flat seats, deployable tables, and muted lighting.

Talk about pimping your ride. US pop artist Jeff Koons’ latest work is a BMW M3 GT2 decorated with exploding, multi-colored rays.

Unveiled by Koons in New York on Tuesday, the car will compete this June at the Le Mans 24 Hours road race in France.

The garish work is number 17 in a series dating back to 1975 in which famous contemporary artists, including Andy Warhol, Roy Lichtenstein and David Hockney, have painted BMWs ahead of Le Mans.

The motorsport division of BMW doesn’t limit itself to producing cars and has developed a new speed bicycle for more serious cycling enthusiasts.

The BMW M Bike features disc brakes and an elegant matt anthracite frame with the M logo, combined perfectly with the leather saddle, stunning rims and handles, and shiny red seat inlay.

The BMW M Bike’s fi’zi:k saddle is made from the highest quality leather with a red inlay. This ensures extra riding comfort and superior grip.

Other features include a built-in Shimano SLX gear system and a Manitou Match suspension fork on the front wheel.