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BMW i3 to be priced around $40,000

According to Automotive News, the BMW i3 electric hatchback will likely be priced around $40,000, or similar to that of a well-equipped 3 Series sedan, when it goes on sale later this year. This information was revealed during an interview where AN spoke to Ludwig Willisch, CEO of BMW North America. The i3 will likely qualify for a $7,500 tax credit from the US federal government, though AN reports that a BMW spokesperson could not confirm this just yet.
In addition to the all-electric i3, BMW will offer a range-extended version that uses a 0.65-liter two-cylinder motorcycle engine and auxiliary generator to charge the car's battery on the go. Automotive News says pricing for this model is still unclear, as is whether or not the range-extended i3 will be eligible for the $7,500 tax credit. Of course, buyers needing a vehicle for longer trips will be able to borrow one from the automaker.
Automotive News also reports that the majority of BMW's 338 dealers in the United States will be able to sell the i3, as well as the upcoming i8 hybrid sports car. Dealerships have until June of this year to opt out of this program, however.

2016 BMW M4 GTS: More power, less weight, ready for the track

BMW calls its new M4 GTS the "most agile, radical, and powerful M4 ever." It's got 493 horsepower, a slick new water injection system, a three-way adjustable coilover suspension, and a weight reduction of roughly 200 pounds compared to a stock M4. Only 700 will be built, with 300 allocated for the United States. And did we mention it looks absolutely killer? Let's talk about that water injection system for a moment, because it's the first time this technology is being used on [an intercooled - Ed.] production road car. Basically, water absorbs heat from surrounding air, so a fine mist is sprayed into the intake manifold where it evaporates, lowering the temperature of the intake air. BMW says this reduces final compression temperature, allowing the turbochargers to operate with increased boost pressure and better spark timing. The end result is increased output – 493 horsepower and 442 pound-feet of torque from the same twin-turbo, 3.0-liter straight-six as the standard M4. That's an increase of 68 hp and 36 lb-ft. But the GTS isn't just about increased power. In fact, the bigger story is its weight reduction. BMW incorporated the use of aluminum and carbon fiber throughout the M4's construction, and DIN curb weight is listed as 3,329 pounds. It's unclear if that's the exact US measurement, and BMW couldn't comment on that as of this writing, but compared to our 3,530-pound stock M4, that represents some 200 fewer pounds of heft. Carbon fiber reinforced plastic (CFRP) is used in the hood, making that part some 25 percent lighter than the stock piece. CFRP is also used for the driveshaft, making it 40-percent lighter than the standard setup. Even inside the car, the new center console is 30-percent lighter than what you'd find in a normal M4. The rear seats are gone, and we're sorry to say that the cool racing buckets pictured here won't be available in the US. Making this thing super capable at the track is a three-way M coilover suspension, combined with upgraded carbon ceramic brakes, set behind staggered wheels and tires. Up front, the GTS rides on 19-inch rollers wrapped in 265/35-series Michelin Pilot Sport Cup 2 tires, and out back, 20-inch wheels are fitted inside 285/30-series rubber. The only transmission available is the seven-speed, M DCT dual-clutch unit, and when all is said in done, BMW says the M4 GTS will run the infamous Nurburgring Nordschleife in 7 minutes and 28 seconds. Another cool feature: organic LED technology.

Genesis cars win accolades, offer value — so why are sales so bad?

My high-school buddy Brent Cormier was so smitten with the Genesis G80 when he saw it at an event I hosted at SXSW in 2016 he bought a used 2013 Hyundai Genesis a short time later and fell in love with the car. "It surpasses my every expectation," said Cormier, a self-described "renaissance man" who owns and runs a real estate agency with his wife Laura, is a food service executive chef and part owner of Austin-based Thin the Herd Guitars. "I was locked into Mercedes and Audi for 10 years," he added. "And felt trapped in an endless pit of maintenance costs." After owning the Genesis over the past two years — including using it as an Uber and Lyft driver to earn extra cash — Cormier learned what some frugal luxury sedan buyers and a handful of car reviewers have discovered: Genesis offers great bang for the buck compared to other premium brands and can compete with the best in terms of performance, features and comfort. Hyundai's luxury brand also earned a prominent third-party endorsement last week when for the first time Genesis topped J.D. Power's 2018 APEAL study, surpassing German luxury-performance icon Porsche. The APEAL study (which stands for Automotive Performance, Execution and Layout) "measures owners' emotional attachment and level of excitement across 77 attributes," ranging from performance to comfort, and asks nearly 68,000 owners of new 2018 models to score vehicles on a 1,000-point scale. In its second year ranked as a stand-alone brand, Genesis earned an APEAL score that bumped it up 15 points to 884 and helped push it past Porsche — and past BMW, Lincoln, Mercedes-Benz, Audi, Volvo, Cadillac, Land Rover and Lexus, in order of ranking. Last month, Genesis also topped J.D. Power's Initial Quality Survey (IQS) for the first time this year. And both its models were awarded Top Safety Pick Plus ratings by the Insurance Institute for Highway Safety, among 11 Plus ratings in all for Korean vehicles. Despite high J.D. Power rankings and great reviews, Genesis U.S. sales were off 50 percent for the first six months of 2018 compared to 2017, and in June Genesis sold only 796 vehicles — the first time U.S. numbers dropped below 1,000 in a month. Part of Genesis's APEAL and IQS success can be attributed to its small product lineup: just two models, the G80 and G90 sedans, with a third, the 2019 G70, launching later this year. And while those numbers may help in J.D.