I don't mind the look of the newer BMWs, there have been a lot better looking cars and a lot worse.
That new BMW rendering is supposedly only a design, they don't have plans to make any. Although I imagine an M5 engine in that could be pretty interesting.
When I saw this, I was thinking "are they going to do a M version of the 1-series". Well, a 140m or whatever (with the M3 engine, or possibly something a tad more sensible) could be interesting ...