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BMW i3 to be priced around $40,000

According to Automotive News, the BMW i3 electric hatchback will likely be priced around $40,000, or similar to that of a well-equipped 3 Series sedan, when it goes on sale later this year. This information was revealed during an interview where AN spoke to Ludwig Willisch, CEO of BMW North America. The i3 will likely qualify for a $7,500 tax credit from the US federal government, though AN reports that a BMW spokesperson could not confirm this just yet.
In addition to the all-electric i3, BMW will offer a range-extended version that uses a 0.65-liter two-cylinder motorcycle engine and auxiliary generator to charge the car's battery on the go. Automotive News says pricing for this model is still unclear, as is whether or not the range-extended i3 will be eligible for the $7,500 tax credit. Of course, buyers needing a vehicle for longer trips will be able to borrow one from the automaker.
Automotive News also reports that the majority of BMW's 338 dealers in the United States will be able to sell the i3, as well as the upcoming i8 hybrid sports car. Dealerships have until June of this year to opt out of this program, however.

Jay Leno puts focus on some retro-inspired BMW bikes

Jay Leno puts eight wheels on display this week for Jay Leno's Garage from a quartet of retro-inspired BMW motorcycles. They are the creations of husband and wife team Larry and Carol Romestant, who build each one in their home garage.
Larry is a former aerospace engineer who loves BMW bikes, especially the K models. Now, he's combining his passion with a real talent for fabrication to build his own cycles with his wife. With Larry and Carol the only ones working on these projects, it takes them six to nine months to build each one. In addition to the old-school looks, the motorcycles are supposed to be a bit more user friendly than stock. For example, one of them ditches the standard five-speed gearbox in favor of a six-speed unit to be a little more comfy when cruising at high speeds.
Since there isn't enough time to take all four of them for a ride, Jay picks his favorite to test out on the open road. Scroll down to see which one he chooses.

Lexus back in luxury sales race after three-year absence

Think the only challengers for the title of best-selling luxury brand hail from der Vaterland? Wrong. Lexus outsold the likes of Mercedes-Benz for the second time in 2014 last month. In fact, the Japanese luxury marque's total sales this year are a mere 12,000 units behind BMW.
Lexus was able to move 26,921 vehicles last month, a year-over-year increase of 21.1 percent, respectively. Mercedes, meanwhile, was just barely beaten, moving 26,617 units in April. The difference, though, is that Lexus has made far bigger year-over-year gains than Mercedes, which recorded a YOY increase of just 4.13 percent.
This is particularly troubling for the Germans, as it marks a return to form for Lexus that we haven't seen since before the March 2011 earthquake and tsunami that decimated Japan. Prior to that natural disaster, Lexus enjoyed nearly a dozen years at the top of the luxury heap.