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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.

BMW shows 670-hp plug-in 5 Series GT concept

BMW quietly revealed a 5 Series GT concept earlier this week at an event in France, and it sports a plug-in hybrid powertrain capable of a whopping 670 horsepower. Think the upcoming Model X crossover from Tesla sounds good? BMW has something that might be just as enticing for eco enthusiasts who like their cars to be green and mean. BMW quietly revealed a 5 Series GT concept earlier this week at an event in France, and it sports a plug-in hybrid powertrain capable of a whopping 670 horsepower. That's right, a hybrid BMW hatch-crossover with more estimated power than the 2015 Chevrolet Corvette Z06. BMW's setup is called "Power eDrive," and it uses a 20-kilowatt-hour lithium-ion battery pack that provides juice for two electric motors; they work with a 2.0-liter turbocharged four-cylinder engine. This 5 Series GT would be able to travel for 62 miles under electric power. The prototype shows the high-performance potential of the system, but the 5 Series GT is "purely a concept," BMW spokesman Julian Arguelles told Autoblog. The GT made its global debut alongside plug-in versions of the 3 Series and X5. They used more basic eDrive systems with one electric motor teamed with a turbo four cylinder. BMW revealed the prototypes to illustrate its plans to increase production of plug-in hybrids. Its goal is to add plug-in variants to all of its "core-brand models," though specifics and timing are unclear. BMW Group Media information 1. BMW Group Innovation Days 2014: New drive technologies. (Introduction) The recently launched BMW i3 and BMW i8 are the first zero-emission vehicles in the premium segment, being designed respectively as dedicated all-electric and plug-in hybrid models. Their BMW eDrive technology promotes hallmark brand driving pleasure, while at the same time delivering major reductions in fuel consumption and CO2 emissions – all the way to zero tailpipe emissions when operating in all-electric mode. This is BMW Efficient Dynamics taken to its logical conclusion. For more than 15 years, the Efficient Dynamics strategy has inspired and shaped the development of new models across all the BMW Group brands, resulting in the development of highly efficient vehicles that combine dynamic performance with intelligent energy management. Today, thanks to Efficient Dynamics, the BMW and MINI brands offer premium models that set benchmarks in their respective segments in terms of their exceptional balance of performance and fuel economy.

Recharge Wrap-up: BMW's 2015 awards, Tesla Superchargers in Poland

Poland will soon get its first Tesla Superchargers. A photo on Reddit appears to show multiple parking stalls with Superchargers under wraps at an Orlen fuel station. Tesla recently signed a deal with the German branch of Polish oil refiner Orlen to install Superchargers at fuel stations in Germany, and it appears the focus is shifting eastward to Poland. Some question whether it makes sense for Tesla to focus on Poland, where the cities have a lot of high-rise dwellings and few private garages. Tesla, however, is known for taking risks on building infrastructure as an investment in future customers. Read more from Teslarati. Is it really true that most pedestrian crashes are the pedestrian's fault? Baltimore County and other authorities claim this is the case, but upon examination, this appears to be because roadways aren't always designed with the entire community in mind. In some cases, for instance, large, multi-lane roads travel through neighborhoods where more residents travel by foot out of necessity. "The really tragic part about it is that the two areas where we've had the most pedestrian fatalities, these are disinvested, depopulated areas," says Dallas City Councilman Philip Kingston. "Those big arterials are completely unnecessary. It's so overbuilt. The infrastructure is built for a bygone era that simply doesn't match what's there now." Read more at Treehugger. BMW won numerous distinctions for sustainability in 2015. Among the automaker's many other accolades for a variety of vehicles, The BMW i3 and i8 were singled out for praise. The i8 won four awards, including Green Car of the Year, from the World Car Awards. It was named All-Wheel Car of the Year by Auto Bild, and best sports car by multiple organizations. The i3 won Car of the Year Australia, Blogger Auto Award for the Small Car category, Auto Bild Value Master award for EVs, among others. Read more in the press release below. Distinctions, prizes and awards for BMW in 2015. Position confirmed as worldwide trendsetter in innovation, design, quality and sustainability. Munich. 2015 was a highly successful year for the BMW Group and this is confirmed by overwhelming worldwide acknowledgement. This year BMW vehicles won numerous national and international distinctions in categories as varied as innovation, design, sporty flair, quality, sustainability and intelligent vehicle connectivity.