The BMW 1-series Coupe -- they're not calling it the M1 to avoid confusion with the BMW supercar of the '70s -- will go on sale later this year with a price tag of about $47,000. This car was inspired by the first BMW M3, BMW said. The car features one of the most powerful 6-cylinder engines BMW has ever built, the carmaker said. It also has extra-wide wheelbase for better handling.
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Last updated January 11 2011: 1:21 PM ET