2018 Bmw M5 M550i Xdrive on 2040-cars

Auto blog

Apple Car's latest EV secret? Magna could be its new Foxconn

There have been rumors and noises and noisey rumors about a potential EV from Apple. We certainly don't know what's true and what's not, but a new whisper says that the California computer company might be secretly working on an upcoming electric car in Berlin. According to the Frankfurter Allgemeine Zeitung (FAZ), which cited "sources with knowledge," there are about 15-20 "progressive thinkers" working on the car in Berlin. FAZ comes up with a few more details for this potential EV, including that the first-gen might not be autonomous. The small car might be available by like 2019 or 2020 and that it might be available through car sharing as well as purchase. The most concrete new detail that FAZ offers up is that Apple will build the car in Germany with automotive supplier Magna. That sure does mesh well with a statement from Magna CEO Don Walker from last year, when he said: We are, in my opinion, the best contract manufacturer in the world. [With] our ability to do small-volume niche vehicle production and help with the engineering and the launch and the procurement ... we'd be a logical person for anybody if they have small volume or [are] a new entrant coming out. Plus, it's not like Apple CEO Tim Cook understands auto manufacturing and already uses outside help like Foxconn to build its computer products. Lyle Dennis, who now runs Apple Car Fans, told AutoblogGreen that he thinks this rumor about the Germany connection is true. "I suspect this is real," he said. "There have been discussions between Apple and BMW. It wouldn't surprise me if they did build the Apple car there." Well, maybe those discussions happened and maybe they didn't.Related Video: News Source: Frankfurter Allgemeine Zeitung via Apple Car Fans Green Rumormill BMW Electric Magna project titan

2015 BMW M4 Convertible will give the best bad hair days

BMW officially unveiled the 2015 M4 Convertible at the Javits Center in New York this morning. The droptop, which will slot in next to the M4 Coupe in BMW's performance line, offers infinitely more headroom, fresh air and sunshine for those that want a little more great outdoors and tousled hair with their M experience.
Visually, the M4 convertible is similar to the coupe, and carries on the hardtop's athletic stance with a long wheelbase, short front overhang, aerodynamic mirrors and in the case of this showcar, optional yellow-painted brake calipers. The car's expressive, angry face is perhaps the most notable aspect of its styling, screaming "get the hell out of my way!" with its signature twin-bar kidney grille, trio of air intakes and squinty LED headlights. Inside, the convertible employs three-temperature neck warmers (for chilly top-down days), an absurd amount of "M" logos and a wealth of luxury and technology features.
The rear-wheel-drive convertible uses the same engine as the coupe: a high-revving, twin-turbocharged 3.0-liter inline six producing 425 horsepower and 406 pound-feet of torque, mated to either a six-speed manual or a seven-speed M dual-clutch transmission. BMW says the car can make a 0-60 sprint in just 4.4 seconds when equipped with the manual.

Why BMWs are cheaper than Hyundais in Korea

Bloomberg reports shifting tariff regulations have upended the traditional automotive pecking order in Korea. Thanks to cheaper import taxes, foreign brands have seen market share jump from 28 percent to 41 percent over the last two years. BMW, Mercedes-Benz and Audi have all capitalized on the shift, with domestics like Hyundai and Kia suffering at the hands of their German rivals.
Taxes on European imports have fallen from 8 percent in 2011 to just 3.2 percent today. Over the next few years, tariffs will all but be eliminated for most imports, and taxes on US-made vehicles are expected to fall to just 4 percent in 2014. By 2016, that number will be zero. Needless to say, Hyundai and Kia are concerned about the shift.
Hyundai has seen profit fall by 15 percent last quarter, and the company says it is on pace to see the slowest sales growth since 2007. The company's shares have fallen by 12 percent. In order to stem the losses, Hyundai has discounted its midsize sedans and started working on diesel engine options.