I'm sure everything above was correct, I just couldn't sit still long enough to read it all. The readers digest version is the movement is what actually keeps the time - it is what moves the hands in the watch.
Quartz means it takes a battery, and that is the energy of the movement.
Automatic is a self winding movement. There is a circular pendulum that winds the watch as you move your hand. Most automatic watches have about a 40 hour power reserve.
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1999 e46 328i Ti Silver / Black[retired]
2007 e90 335xi Jet Black / Black[retired]
2011 e70 X5 35d Vermillion Red / Cinnamon
2011 e92 M3 LeMans / Fox Red extended
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