Yes, because your paint is very, very soft. It might take two applications to do it, but
Intensive Polish on on white pad with a DA polisher is more than capable of correcting anything in BMW jet black paint that you would feel comfortable correcting. What I mean is that if there is still marring or defects left in your paint after a couple of applications of IP, it is deep enough in the clear that you probably don't want to go after it anyway.
Keep in mind that you are probably going to cause marring when you are removing the
Intensive Polish residue. Don't be fooled into thinking, "oh, crap, the marring is still there, guess I better do yet another application of IP."
If I were you, I would do *one* application of IP, then follow that up with *one* application of FPII. *Then* examine the finish, and if it needs further correction, do another application of IP, followed up by another application FPII. Always make your inspection decision (as to whether or not to do another application of polish) after an application of FPII, *not* IP.
Yup, Jet Black BMW paint is a *TON* of work. But if you put in the time, it'll look gorgeous... at least, until the next time you wash it.
Edit: Try not to get discouraged if this gives you fits... There are many pros around here that flat out refuse to do jet black bmw's because they are *that* difficult to get to finish out well. In one thread, a guy shows pictures of how completely bare (not even the slightest spec of dust on it) Jet BLack BMW clear coat is marred by nothing more than a light rub of an MF towel.
another edit: corrected "orange" pad to "white" LC pad.