1959 BMW 3200 Michelotti Vignale

In 1957, Italian designer Giovanni Michelotti began working on a design for a second series BMW 507. The prototype was built on the chassis of a BMW 507 (number 70184). The production of the body, strong at 1950s US tastes, was done by Sergio Scaglietti, the assembly was at the Turin body building firm Vignale. Unlike the curved lines of the production model, the 3200 Michelotti Vignale a much more angular shape with straighter lines and indicated fins. Power came from the BMW 507's V8, which with just 150 hp was capable of a top speed of 127 mph. In 1959, this one-off design was exhibited at the Turin Auto Show for the first time. After a few ownership changes BMW Classic brought it back to Munich in 2004. The design was never taken up though. (de.wikipedia.org & conceptcarz.com)

(Photos from conceptcarz.com, flickr.com, supercars.net & supercarfrance.com)

BMW 507 (1956-59)

Only 252 were built. BMW lost money on each 507 built. Originally it was intended to sell the 507 in US for $5,000. The final price tag went up to $10,500. It almost drove BMW to bankruptcy. The body was almost entirely hand-formed of aluminum, and no two models were exactly the same. Many cars were sold with an optional hand-fabricated removable hardtop. Because of the car-to-car differences, each hardtop fits only the car for which it was made. Powered by a aluminum alloy BMW OHV V8. 0–100 km/h (0-62 mph) acceleration time of 11.1 seconds and has a top speed of 122 mph. (wikipedia)

Series 2 (1957-59)

Series 1 (1956-57)

(Photos from rmsothebys.com, autowp.ru, shinyside.net, 
fantasyjunction.com, flickr.com  & commons.wikimedia.org)