Report: Thieves swipe $140K BMW 7 Series in Detroit during auto show *UPDATE

The 2011 Detroit Auto Show is proving to be more eventful for BMW than the automaker had originally intended. As workers were preparing to load a BMW 7 Series onto a transport truck near Detroit's Westin Book Cadillac hotel, a pair of thieves jumped in and drove off with the German luxury sedan. The car is said to be worth $140,000, and as of this writing, local police have had no luck tracking down the stolen vehicle. Thankfully, this 7 Series is equipped with BMW Assist, which locates a vehicle if it's stolen, so it's only a matter of time before cops close in on the BMW bandits.

If some brand-new 7 Series parts wind up on Craigslist's Detroit-area 'for sale' section, we're willing to bet the sale price is too-good-to-be-true for a reason.

Photos copyright ©2011 Steven J. Ewing / AOL

*UPDATE: According to a new report in the Detroit Free Press, the missing BMW 750i xDrive, now understood to be worth $94,000, has been recovered at a gated apartment complex on Detroit's west side. It is not immediately clear if the car's onboard tracking device led to its recovery by police, or what the condition of the vehicle is.


[Source: Detroit Free Press]