WARNING: This page is about a different car, the 2013 BMW 550i GT, 2012 BMW 550i GT, 2011 BMW 550i GT, and 2010 BMW 550i GT. However, it is still accessible from the selected car via links, so may be relevant.
0492516 361020 Pliers MW
NOTE:
(Tyre clamp) For compressing the tyre sidewalls during fitting or removal of the retaining spring [released]