1987 Bmw 635csi Base Coupe 2-door 3.5l on 2040-cars

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Why BMWs are cheaper than Hyundais in Korea

Bloomberg reports shifting tariff regulations have upended the traditional automotive pecking order in Korea. Thanks to cheaper import taxes, foreign brands have seen market share jump from 28 percent to 41 percent over the last two years. BMW, Mercedes-Benz and Audi have all capitalized on the shift, with domestics like Hyundai and Kia suffering at the hands of their German rivals.
Taxes on European imports have fallen from 8 percent in 2011 to just 3.2 percent today. Over the next few years, tariffs will all but be eliminated for most imports, and taxes on US-made vehicles are expected to fall to just 4 percent in 2014. By 2016, that number will be zero. Needless to say, Hyundai and Kia are concerned about the shift.
Hyundai has seen profit fall by 15 percent last quarter, and the company says it is on pace to see the slowest sales growth since 2007. The company's shares have fallen by 12 percent. In order to stem the losses, Hyundai has discounted its midsize sedans and started working on diesel engine options.

134K BMW 5 Series recalled for taillight issue

BMW is voluntarily recalling 134,100 cars due to a faulty ground terminal in the taillight bulb carriers, causing the sudden failure of brake lights, turn signals and reverse lights. The recall covers 2008 through 2010 5 Series models produced between March 1, 2007 and December 31, 2009, and includes everything from the 528i to the mighty, V10-powered M5. It's unclear if this recall is limited to sedans or extends to the 5-Series Touring.
There have been no reported cases of injuries, fatalities or crashes associated with the taillight issue. BMW will be issuing recall notices to affected owners in the coming weeks, asking them to report to dealers so that the bulb carriers on the taillights can be replaced. All repairs are, naturally, free of charge. Scroll down for the official recall notice from the National Highway Traffic Safety Administration.

BMW i8 Concours d'Elegance Edition is so cool it's Frozen

The new, one-of-a-kind BMW i8 Concours d'Elegance Edition made a ritzy debut last night at BMW's private villa, giving the media its first chance to look at the ultra-exclusive hybrid.
As we said in our previous post, the most notable feature of the Concours d'Elegance i8 is its matte grey paint, known as Frozen Grey Metallic in BMW parlance. This isn't the first time we've seen this shade on an exclusive BMW, as it was last used for the Frozen Grey M3 from 2010.
Contrasting quite nicely with the i8's flat paint are its blue and white accents, and its Dalbergia Brown leather upholstery. Blue contrast stitching complements the interior aesthetic, as do the embossed BMW roundels in the headrests.