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As US exports top 2 million, is America becoming the world's source of cheap cars?

North American auto production is booming with 2014 figures just shy of the of the 17.3-million vehicle record set in 2000. With more models being built on the continent, even more are being shipped overseas. Factories in the US exported 2.1 million cars last year – the highest number ever. About half of those went to Canada and Mexico, but more than ever have been heading to places like the Middle East and China. The upswing comes in part from from after-effects from the Great Recession, according to The Wall Street Journal. With a weak dollar and lower production costs after the financial crisis, building vehicles in the US was relatively cheaper and more competitive in the world. At the same time buyers around the world are going crazy for crossovers. According to the WSJ, BMW and Mercedes-Benz are already exporting the majority of their US production of these models overseas. Both automakers have also announced investments to expand production further here to send more vehicles abroad. Even Honda has been shipping more models out of the country than it imported here. There is a concern this international strength could start slowing because the dollar is strengthening against other currencies, though it's too early to know what the actual effect of this could be, according to the WSJ. "Of course, we closely watch currency exchange, but we don't make changes in production or allocation based on temporary fluctuations in the exchange rate," Ford North American boss Joe Hinrichs told the newspaper. Related Video: News Source: The Wall Street Journal - sub. req.Image Credit: BMW Plants/Manufacturing BMW Ford Honda Mercedes-Benz exports us auto production

BMW replaces tri-turbo diesel with a quad turbo

Quad turbos have until now been the stuff of Bugattis. BMW is introducing a quad turbo diesel for the 7 Series, with nearly one hundred horsepower per turbo. It's all about making the six-cylinder 3.0-liter turbodiesel all as enticing a proposition as possible, and it faces strong competition from Audi's new twin-turbo V8 diesel available in the SQ7 TDI. The earlier, N57S engine (pictured above) utilized a triple-turbo setup good for 381 horsepower and 546 lb-ft. The new B57 version, confirmed by BMW at the 37th International Vienna Motor Symposium, adds yet another turbo for 394 hp and 561 lb-ft, and that massive torque is available from 2,000 to 3,000 rpm. It means the 7 Series gets from 0-60 mph in a snappy 4.5 seconds. The engine could produce even more torque, but 561 lb-ft is all the ZF 8HP 8-speed automatic transmission can handle. The N57S engine's dual-stage turbocharging setup consisted of one low-pressure turbocharger to take care of low-end torque, and two high-pressure turbos for the higher rev range. In the new B57 engine, the big turbo is now replaced with two smaller units on a common exhaust, to benefit from lower costs and smaller unit weight. In addition to the gains in power and torque, fuel economy has reportedly been improved by 5 percent. There are no reports yet whether the B57 TOP quad-turbo will make it to the US market, but customers in the European high end diesel saloon market will probably be very excited. Initially it will be available in the 750d xDrive version, and other top-end models like the 5 Series and the X5 will follow later on. Related Video: News Source: Krone.atImage Credit: BMW BMW Diesel Vehicles Luxury Performance Sedan confirmed vienna motor symposium

BMW 2 Series Coupe priced from $33,025* ahead of Detroit debut

BMW is definitely going to have its hands full at next month's Detroit Auto Show. The big news might be the debut of the M3 and M4, which were previewed in our Deep Dive, but joining those performance cars under the bright lights will be the all-new 2015 BMW 2 Series Coupe.
While we already know most of the details about the 2 Series and its available M Performance parts, BMW has now announced that the Coupe will go on sale in the first quarter of next year with a starting price of $33,025 (*plus $925 for destination) for the base 228i. This price is about $1,500 more than the current 1 Series Coupe, which starts at $31,500, while the M235i's starting price of $44,025 is almost $500 more than the existing 135is Coupe. There is still no indication as to when we'll see 2 Series Convertible unveiled.
In addition to new M cars and the 2 Series, BMW's display will also reveal another new color-theme package for the Z4. Last year we saw the Hyper Orange package, and this year will give us the Ivory White Burnt Sienna Z4 available in an exclusive Sparkling Brown Metallic exterior paint color. Scroll down for the full press release of production vehicles BMW has planned to showcase at Detroit's Cobo Hall next month.