2000 Bmw Z3 M Roadster Convertible 2-door 3.2l Rare Low Miles Pristine!!!! on 2040-cars

Auto blog

VW, Rivian, Nissan, BMW, Genesis, Audi and Volvo lose EV tax credits starting tomorrow

The U.S. Treasury said Monday that Volkswagen, BMW, Nissan, Rivian, Hyundai and Volvo electric vehicles will lose access to a $7,500 tax credit under new battery sourcing rules. The Treasury said the new requirements effective Tuesday will also cut by half credits for the Tesla Model 3 Standard Range Rear Wheel Drive to $3,750 but other Tesla models will retain the full $7,500 credit. Vehicles losing credits Tuesday are the BMW 330e, BMW X5 xDrive45e, Genesis Electrified GV70, Nissan Leaf , Rivian R1S and R1T, Volkswagen ID.4 as well as the plug-in hybrid electric Audi Q5 TFSI e Quattro and plug-in hybrid (PHEV) electric Volvo S60. The Swedish carmaker is 82%-owned by China’s Zhejiang Geely Holding Group. The rules are aimed at weaning the United States off dependence on China for EV battery supply chains and are part of President Joe Biden's effort to make 50% of U.S. new vehicle sales by 2030 EVs or PHEVs. Hyundai said in a statement it was committed to its long-range EV plans and that it "will utilize key provisions in the Inflation Reduction Act to accelerate the transition to electrification." Rivian declined to comment and the other automakers could not immediately be reached for comment. Treasury also disclosed General Motors electric Chevrolet Bolt and Bolt EUV will qualify for the full $7,500 tax credit. GM said earlier it expected at least some of its EVS would qualify for the $7,500 tax credit under the new rules, including the 2023 Cadillac Lyriq and forthcoming Chevrolet Equinox EV SUV and Blazer EV SUV. Treasury said all GM EVs will qualify. Earlier, Ford Motor and Chrysler-parent Stellantis said most of their electric and PHEV models would see tax credits halved to $3,750 on April 18. Treasury confirmed the automakers' calculations. The rules were announced last month and mandated by Congress in August as part of the $430 billion Inflation Reduction Act (IRA). The IRA requires 50% of the value of battery components be produced or assembled in North America to qualify for $3,750, and 40% of the value of critical minerals sourced from the United States or a free trade partner for a $3,750 credit. The law required vehicles to be assembled in North America to qualify for any tax credits, which in August eliminated nearly 70% of eligible models and on Jan. 1 new price caps and limits on buyers income took effect.

BMW gets exemption to allow self-parking 7 Series in US [w/video]

The US-spec 2016 BMW 7 Series is gorged with enough technology for it to qualify as a finalist in our Technology of the Year award. But not all of the tricky bits found on the European-spec car are offered Stateside, like the automated Park Assistant Plus that lets a driver remotely move the car into and out of a parking space using the touchscreen keyfob. The reason is Section S5.3 of Standard No. 114 of the Federal Motor Vehicle Safety Standards, which dictates that "the service brake... be depressed before the transmission can be shifted out of park.'" Since Park Assistant Plus is remote controlled, the brake pedal isn't pressed when the car shifts from Park into a gear. Automobile reports that the National Highway Traffic Safety Administration has conceded the law is too vague, and granted BMW's request for an exemption to bring the convenience feature to the US. NHTSA said that the point of the law was to have brake actuation during the transition from Park to a forward or reverse gear, not to insist that someone actually presses the brake pedal. BMW said it plans to bring Park Assistant Plus to the US soon, but the carmaker doesn't yet have a firm timeline for the move. To us that seems like a small yet significant victory as the marketplace fills up with cars that have abilities beyond the current laws to manage. Now if we could just get that whole FMVSS headlight issues worked out and enjoy some of that tasty Matrix and MultiBeam lighting. You can watch a video of the BMW system in action in the video below.

This BMW 2 Series ad has run afoul of Aussie ad watchdogs [w/poll]

A complaint by an Australian movie-goer has put the brakes on an extended in-theater ad campaign by BMW, and drawn the attention of the country's Advertising Standards Board. According to the anonymous complaint, the ad "portrays an unfavorable message, contrary to safe and sensible driving."
The ASB upheld the complaint, which said the ad for the new M235i showed driving "typical of hoon activity," thanks to the burnouts, dusty drifts and runs up to redline. It's that last one that seems to have gotten the spot in the most trouble, with the ASB acknowledging that even though the car wasn't shown breaking the speed limit, the ad was in violation of a voluntary code of conduct for automotive advertising, according to Australia's Go Auto.
BMW doesn't seem to agree, pointing out that the ad uses creative editing, aggressive camera angles and other filming tricks to "add visual impact."