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BMW prices M2 at $52,695, X4 M40i at $58,795

BMW announced pricing for both the M2 and X4 M40i during the 2016 Detroit Auto Show. The M2 will be the slightly more attainable of the two, priced at $52,695 (including the $995 destination charge). That's about the price of a base Porsche Cayman, and represents a $7,550 premium over the price of the next-step-down M235i ($45,145 delivered). For that much scratch, you get a 2 Series coupe amped up with a 3.0-liter turbo six good for 365 horsepower and 343 pound-feet of torque. With all that muscle on tap, the M2 will rocket to 60 in 4.2 seconds (in M DCT form) and tops out at a typically German electronically-limited top speed of 155 miles per hour. Deliveries start in April. If you need more than two doors (but not much more head room), BMW also rolled out the new X4 M40i at the Detroit Auto Show, and with delivery set to commence next month, it has now released pricing for that as well. The high-performance slant-back will command $58,795 (delivered) – or $8,100 more than the X4 xDrive35i. (That places it price-wise in between the base Macan S and GTS.) It packs a 355 hp turbocharged inline-six channeled to all four wheels, and is capable of reaching 60 mph in 4.7 seconds. THE 2016 NORTH AMERICAN INTERNATIONAL AUTO SHOW IN DETROIT: - BMW to announce pricing of the all-new 2016 BMW M2. - BMW to announce pricing of the all-new 2016 BMW X4 M40i. Woodcliff Lake, N.J.: January 11, 2016 10:30 am EST /7:30 am PDT ... Today, the all-new BMW M2 and all-new BMW X4 M40i made their world debut at the 2016 North American International Auto Show in Detroit. The 2016 BMW M2. Making its highly anticipated world debut, the first ever BMW M2 features the renowned BMW M performance complimented by a sleek interior and exterior design. The new entry model of the BMW M GmbH is perfectly aligned with M tradition ensuring unbeatable driving dynamics on the roads and the track, embodying the true DNA of BMW M vehicles. A newly developed M TwinPower Turbo technology 3-liter, 6-cylinder engine produces 365 bHP and 343 lb-ft of torque between 1,400 and 5,560 with an overboost function raising this figure to 369 lb-ft between 1,450 and 4,750 catapulting the high performance vehicle from 0-60 mph in 4.2 seconds ( M DCT) with a top speed of 155 mph. Inspired by its motorsport roots, the BMW M2 sets the pace in its segment when it comes to agility, driving feeling, directional stability, steering precision and controllability at the limit, without any compromise in everyday use.

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.

BMW unveils 2016 X5 M and X6 M super CUVs

The second-generation BMW X5 M and X6 M have officially made their arrival for the speed-obsessed, crossover-loving masses that aren't willing to turn to Mercedes-AMG or Land Rover Special Operations.
While the new models retain their 4.4-liter, twin-turbocharged V8s, power has increased from 555 horsepower to 567 ponies. Torque is up more significantly, climbing from 500 pound-feet to 553 pound-feet. The extra twist is slightly less accessible, with peak grunt arriving between 2,200 and 5,000 rpm, rather than the earlier model's 1,500 to 5,650. Still, we'll take the ten percent increase in torque as a net win.
The big powertrain switch sees the old X5/6 M's six-speed automatic replaced with an eight-speed Steptronic transmission from BMW M. This new gearbox feeds power to an xDrive all-wheel-drive system that can variably shuffle up to 100 percent of power to either axle. In conjunction with the force-induced thumper under the hood, this powertrain arrangement allows both M models to hit 60 miles per hour in just four seconds. That's a mightily impressive stat in a 5,000-plus-pound vehicle.