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BMW shows off 435i Coupe with M Performance parts

Greetings from the famous Circuito do Estoril racetrack in Portugal. We're here to put the 2014 BMW 4 Series coupe through its paces, and we'll have the chance to sample the updated 2014 BMW M5 with its new Competition Pack, as well. But before going out for some hot laps, we took a few minutes to check out this 435i Coupe that's been fitted with a full suite of goodies from the BMW M Performance parts catalog.
Starting with the exterior, carbon fiber bits are the most noticeable additions, with the lightweight material added in the form of a massive front splitter, mirror caps and a rear spoiler. Other visual changes include lightweight 20-inch wheels, a blacked-out grille, and unique M Performance side stripes. No, that's not a shadow you see under the 435i's strong side character line - that's a stripe. Yes, we're serious.
Inside (we couldn't get photos of the interior, sorry!), BMW has added its sport steering wheel with race display, unique M floormats, steel pedals, and a whole mess of carbon fiber and Alcantara trim.

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.

BMW i8 Spyder gets production nod

BMW could be poised to expand its i8 range, beyond the hardtop version of the plug-in hybrid supercar. A report from Bimmerpost is claiming that the i8 Spyder, which we showed you in concept form at the 2012 Beijing Motor Show, will be heading to production.
The website claims the open-roof fuel-sipper was shown to BMW management last Friday as a production-intent model. Other than that, there's not a lot to tell here. The i8 Spyder should feature all the same mechanical and aesthetic features found on the i8 Coupe, just without the confining nature of a roof. It's unclear when we'll see a production i8 droptop make its debut, although this certainly strikes us as the kind of car that should arrive at the Geneva Motor Show.
While an i8 Spyder does seem like a logical leap for BMW's i sub-brand, we're going to keep this one filed under the rumors category until we hear more.