This could be lots and lots of different things but most likely is the bearings in the top of the suspension tower. You need to jack the wheel up and turn the wheel left and right to check, also grab the strut and wiggle it back and forward.
If there is movement or noticeable noise coming from top of strut then you need to replace the suspension strut top hat complete with the bearing in it.
SOURCE: Right hand side lights not working.
Short in any of those slots/lamp holders causes this..accordianman
SOURCE: BMW 318 SE warning light
I drive a 2000 5series and the only light that sounds similar is the radiator low water warning light. worth a check.
SOURCE: bmw 316 ABS light stays on
Your ABS systems use a combination of electronic and hydraulic systems to modulate the brakes individually to prevent them from locking up. Antilock systems consist of wheel speed sensors, a hydraulic control unit (HCU), and an electronic control unit (ECU). Because of how complex the system is your computer does a self-test. If the check is successful, the ANTILOCK and BRAKE lights will go out within a few seconds. If one or more of the component of the ABS system fails to pass one or both lights will remain lit, the system will shut down and set a code. The code itself does not tell exactly what component is defective - it only indicates where to look, or what parameter is out of normal range. You or a technician will have to perform further testing to pinpoint cause and the proper repair. Even if you reset the light, if the underlying problem is not addressed it will come back on.
Please let me know if this information is helpful. Positive feedback is appreciated. Thank You!
SOURCE: Fuel Gauge not working on BMW 316 ise
Float in tank could be stuck or malfunctioning, or sensor wire from tank damaged or not grounded properly.
SOURCE: BMW 316 leaking oil, about 1 litre every 2 weeks
your going to have to clean it down good with some engine cleaner, then run engine, try to pin down leak. may have a bad oil preasure switch thats leaking, or oil filter, or a gasket; hope this helps good luck.
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