2009 Bmw 650i Convertible Auto Silver Black Leather Nav Sprt 20,175 Miles on 2040-cars

Auto blog

Audi, BMW, Daimler buy Nokia's Here digital mapping business

The fight for control of Nokia's Here digital mapping service appears to have drawn to a close as a consortium of German automakers has announced a deal to jointly acquire the business from the Finnish telecom giant. As anticipated, ownership in Here will now be taken over jointly by Audi, BMW, and Daimler, beating out reported rivals bids from the likes of Apple and Uber. Here is one of the largest and most advanced digital mapping and location systems. It started out in Chicago in 1986 as Navteq before Nokia acquired it in 2007, and is now slated to change ownership again. The cloud-based service maintains high-definition digital maps for nearly 200 countries and supports over 50 languages, gathering data from users to update the data continuously. Rather than transition the service into their own proprietary technology, however, the automakers insist that it will remain open "to all customers from the automotive industry and other sectors." Ownership will be shared equally between the three companies, with "none of them seek[ing] to acquire a majority interest" in Here. For another, Here's management is promised to remain independent, and "the consortium will not interfere into operational business." Though the purchase price has not been disclosed, it is rumored to be worth in the neighborhood of $2.7 billion. Assuming it passes regulatory approval, the acquisition is slated to be completed in the first quarter of next year. The German automakers anticipate implementing the service to provide connected vehicles with accurate, up-to-date information on road and other conditions. Examples it outlines include warning other drivers of icy conditions based on outside temperature and ABS activation. It could also warn drivers of impending traffic jams, or even guide traffic through green lights in an urban environment. In the future, the highly detailed maps are envisioned to enable fully automated driving as well. Related Video: AUDI AG, BMW Group and Daimler AG agree with Nokia Corporation on joint acquisition of HERE digital mapping business Ingolstadt, Munich, Stuttgart, Aug 03, 2015 - Acquisition will secure and strengthen HERE as an independent company serving customers from all industries - Real-time maps and location based services will be the basis for the mobility of tomorrow - Transaction expected to close in first quarter 2016 Ingolstadt, Munich, Stuttgart – August 3rd, 2015.

BMW i8 wins 2015 Car Of The Year award in UK

Those Brits sure do like those Bimmers, don't they? The BMW i8 plug-in hybrid was recently awarded UK Car of the Year from a group of more than two-dozen British automotive journalists, UK's Telegraph reported. Last year's winner of the first-ever such award? The BMW i3 electric vehicle. The i8 was feted for its combination of performance, styling and fuel efficiency. The car pairs a three-cylinder gas engine with a 96-horsepower electric motor and can go from 0-60 miles per hour in just over four seconds while having a fuel-economy rating of 76 MPGe. Last November, the i8 was given Autoblog's 2014 Technology of the Year award and the 2015 Luxury Green Car of the Year by Green Car Journal, so the British journalists are not alone in their sleek PHEV love. "This is a truly great honor for BMW's visionary car and proof that sustainable mobility can be beautiful and fun," BMW spokesman Kenn Sparks told AutoblogGreen. Other winners for individual categories from the UK this year included the Rolls-Royce Ghost (which won for Best Luxury Car), Ford Mondeo (Best Family Car) and Renault Twingo (Best City Car). Check out our First Drive impressions of the i8 here. Related Video: Featured Gallery 2015 BMW i8: First Drive View 62 Photos News Source: Telegraph via Hybrid Cars Green BMW Hybrid car of the year

A BMW i3 will cost you $100,000 in Brazil

Brazil is a long way from the US, and the price of the BMW i3 in that South American country is even further away from what Americans pay for the same electric vehicle. But that hasn't stopped a few wealthy Brazilians from taking the plunge. The BMW i3 REx – i.e., the one with the gas-powered range-extender – is the first mass-produced vehicle of its kind to be imported to Brazil (there are a few Nissan Leaf vehicles in fleet use), and those intrepid buyers are forking over about $100,000 to own the vehicle, according to Just-Auto. The country's first 100 i3's were recently received in Sao Paolo, and about 30 of them have been sold. That pricetag is a wee bit higher than in the US, where the i3 starts under $42,000. BMW did open a $261-million factory in Brazil this year, but the i3 continues to be produced exclusively in Germany. It's not just fancy new plug-in cars and World Cup tickets that cost a lot in Brazil. The Volkswagen Golf, which retails for less than $18,000 in the States, costs about $23,000 in Brazil and the Economist ran a series of articles last year explaining how currency changes have resulted in the dollar-to-Brazilian real exchange rate surging in recent years.