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2015 BMW M3 and M4 priced at $62,000 and $64,200

When the BMW M3 and M4 debuted on Monday at the 2014 Detroit Auto Show, it was to much fanfare and excitement. At that time, though, we were missing a big piece of the M3/M4 puzzle - the price.
According to a report from our roundel-obsessed friends at Bimmerfest, the four-door M3 will star at $62,000, while the M4 Coupe is priced at $64,200. Those prices do not include a $925 destination charge. That's a pretty significant jump over the $56,275 starting price of the old M3 Sedan and $59,275 starting price of the last M3 Coupe, although we'd argue that these cars should easily outpace their V8 counterparts in terms of overall performance. In other news, a six-speed manual will come standard, while the seven-speed M DCT will be an optional extra.
Bimmerfest also came up with a timeline for the M3 and M4's arrival. We should expect the official announcement of pricing, along with the full order guides, released near the end of this month or in early February. Production will kick off in March, while customers will be able to begin placing orders in late April. We'll get our first crack at both cars in June, with deliveries beginning later that month.

BMW X3 ensnared by diesel emissions probe

Volkswagen may not be the only German automaker ensnared by this whole diesel debacle. The latest reports suggest that BMW could be guilty of the same offense. According to Bloomberg, citing a report from Germany's own Auto Bild magazine, the X3 could be over the European legal limit for emissions. The report suggests that a BMW X3 xDrive20d registered tailpipe emissions more than 11 times the limit under testing by the International Council on Clean Transportation. The council is the same that triggered the investigation into Volkswagen that led to the automaker's admission that it cheated on emissions tests for its diesel vehicles and the subsequent resignation of its chief executive. Volkswagen admitted to installing software that initiates additional emissions controlling measures when it detects that the vehicle is being tested. For its part, however, BMW denies that it has any such similar system in place, noting that many of its vehicles have passed testing by the same organization. Whatever the truth in BMW's case, it may not emerge unscathed. Bloomberg reports that the company's stock fell as much as 9.7 percent – the most it has lost in over four years – amid concerns that it could be implicated in the scandal as well. Shares in rival automaker Daimler also dropped by 5.8 percent. Volkswagen has already lost over $20 billion in market value in the midst of the scandal. The German government and European Union are considering implementing more restrictive standards and more thorough testing on diesel engines in order to prevent this sort of thing from recurring.

BMW 3 Series wagon configurator up, priced from $41,450

If you're still smarting from the shock of the BMW 3 Series Gran Turismo, we have good news for you. BMW has just fired up the configurator for the 2014 3 Series wagon. Prices start at $41,450, excluding an $895 destination and handling fee. The price tag will buy you a 328i xDrive Sports Wagon with a 2.0-liter inline four-cylinder engine boasting 241 horsepower paired with an eight-speed automatic transmission as standard equipment. The automaker's xDrive intelligent all-wheel drive is also standard, as is a fuel-saving auto start/stop function and 17-inch alloy wheels wrapped in all-season run flat rubber.
Buyers can step up to Sport Line trim for $2,600, and doing so graces the 3 Wagon with 18-inch wheels, high-gloss black accents outdoors as well as a sport leather steering wheel, high-gloss or aluminum interior trim and a black signature key fob. Luxury Line trim will set you back $2,300 abd features chrome trim accents outdoors and wood trim inside along with other goodies. Buyers can also opt for Modern Line trim at $2,300, complete with a turbine-design 18-inch alloy wheel, matte chrome trim bits outdoors and a range of interior trim options.
Our favorite of the bunch? That would be M Sport trim. While the tweaks are largely aesthetic, we dig the notion of 8-way power adjustable sport seats indoors and exclusive M Estoril Blue paint outside. Expect to pay $3,950 for the pleasure. Head over to the BMW site to build your own.