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Watch a trio of Santas ride up Mulholland Drive

Santa Claus might have his eight reindeer - or nine, when it's foggy - to help him deliver presents in most parts of the world, but in southern California, it looks like he's traded up from Dasher, Dancer, Prancer and company to BMW, Yamaha and Ducati. RNickeyMouse is usually the place to check out spectacular motorcycle crashes on video along LA's Mulholland Drive, but a recent video caught a trio of Santas carving up the iconic, twisty road.
The three Santas are together, riding what appears to be a BMW S1000RR, Yamaha R1 and a hard-to-tell custom bike that could be a Ducati 1098. The video, which is posted below, also catches a bonus Santa riding solo on another S1000RR. Happy Christmas to all, and to all a cool bike!

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

BMW warns profits will fall, plans $13.6 billion in cost-cutting

FRANKFURT, Germany — BMW said Wednesday that profits in 2019 will be "well below" last year's, and it will cut 12 billion euros ($13.6 billion) in costs by the end of 2022 to offset spending on new technology. The company said profits would be eroded by higher raw materials prices, the costs of compliance with tougher emissions requirements and unfavorable shifts in currency exchange rates. The Munich-based automaker also faces increased uncertainty due to international trade conflicts that could lead to higher tariffs. "Depending on how conditions develop, our guidance may be subject to additional risks; in particular, the risk of a no-deal Brexit and ongoing developments in international trade policy," said Chief Financial Officer Nicolas Peter. The company forecast a profit margin of 6 to 8 percent for its automotive business, short of the long-term strategic target of 8 to 10 percent, which it said still "remains the ambition" for the company if given "a stable business environment." BMW said it had no plans for layoffs even as it outlined cost saving measures that include dropping half of its engine variants as it seeks to reduce product complexity. The BMW, Mini and Rolls-Royce brands are to get a single sales division. Peter said that given the headwinds to earnings, "we began to introduce countermeasures at an early stage and have taken a number of far-reaching decisions." The company said the measures were needed "to offset the ongoing high level of upfront expenditure required to embrace the mobility of the future." Automakers around the world have faced heavy up-front costs for technology expected to change how people get from one place to another in the next decade. Those include electric cars and renting cars through smartphone apps. Yet the returns from such investments remain uncertain and auto companies face competition from tech firms such as Uber and Waymo. BMW made 7.2 billion euros ($8.2 billion) in net profit last year, down 17 percent from 2017, when it booked a gain of $1 billion from U.S. tax changes. The company faced headwinds from increased tariffs on vehicles exported to China from the United States. It also suffered from turmoil on the German auto market when companies faced bottlenecks getting cars certified for new emissions rules. BMW faces uncertainty from U.S.-China trade tensions that could result in new tariffs if talks do not result in an agreement. U.S.