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2014 BMW 4 Series convertible spotted

We've seen a few spy shot packages featuring the upcoming BMW 4 Series Convertible already, but never with the car quite so naked as in this latest batch. Nabbed just outside the BMW Nürburgring workshop in Germany, this Melbourne Red 4 Series also shows the M Sport package for the first time.
With all of the cladding removed, we can see that the convertible shares the 4 Series coupe's great-looking nose and front end, though the resolution of that folding hard top into the rear bodywork remains a bit harsh.
With the 4 Series coupe now completely official, we have a pretty good idea of what the powertrain lineup for the 'vert will be. We'll be pretty surprised if a 2.0-liter turbocharged four-cylinder and a 3.0-liter six-cylinder turbo aren't the go-to engines at launch. Production of the droptop is likely to begin at the end of the year, so start bugging your local BMW dealer.

Toyota sells off Tesla shares, too

The incredible rise of Tesla's stock price has done little to now stop two major shareholders from ditching their stake in the American EV manufacturer. First, Daimler, parent company of Mercedes-Benz, ditched its four-percent stake, and less than a week later, Toyota is doing the same thing, selling off an undisclosed bit of its Tesla investment.
The move comes as Toyota winds down sales of the RAV4 EV, which gets its batteries and electric motor from Tesla at the company's Fremont, CA factory.
"We have a good relationship with Tesla, and will evaluate the feasibility of working together on future projects," Toyota spokesperson Kayo Doi told Bloomberg via email.

Tier 1 suppliers call GM the worst OEM to work with

Among automakers with a big US presence, General Motors is the worst to work for, according to a new survey from Tier 1 automotive suppliers, conducted by Planning Perspectives, Inc.
The Detroit-based manufacturer, which has been under fire following the ignition switch recall and its accompanying scandal, finished behind six other automakers with big US manufacturing operations. Suppliers had issues with trust and communications, as well as intellectual property protection. GM was also the least likely to allow suppliers to raise their prices in the face of unexpected increases in material cost, all of which contributed to 55 percent of suppliers saying their relationship with GM was "poor to very poor."
GM's cross-town competitors didn't fare much better. Chrysler finished in fifth place, ahead of GM and behind Dearborn-based Ford, which was passed for third place this year by Nissan. Toyota took the top marks, while Honda captured second place.