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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 M3 gets throwback livery for Oktoberfest [w/video]

BMW is ringing in Oktoberfest this year with the special M3 you see here. The performance sedan has been done up in a retro livery that harkens back one of the BMW M1 Procars from 1981, and was even designed by the same artist responsible for the original 34 years ago. But you'll have to go to Munich to see it. To understand the significance of the livery, you first have to know something about the BMW M1 Procar. The spec racing series was formed in 1979 around the M1, the legendary mid-engined sports car designed by Giorgetto Giugiaro and co-developed with Lamborghini. The road-going M1 models used in the series were modified for racing with more powerful engines, more aggressive aero, and other competition-spec components, and were driven by many F1 drivers in support races at European grands prix. Some even competed against other entries in broader races. Many of the cars featured liveries with BMW's signature red, dark blue, and light blue stripes, but others ran more unique color schemes. The "Munchner Wirte" (Munich hosts) car was one such example, running at Le Mans with a custom livery designed and hand-painted by artist Walter Maurer. It featured Munich landmarks like the Olympic Stadium, Frauenkirche church and BMW's headquarters, along with a roast-chestnut vendor and an Oktoberfest beer tent. 34 years later, Maurer has applied the same livery to the M3 you see here. It'll be displayed at this year's Oktoberfest, which kicks off this weekend in – you guessed it – Munich. As if we needed another excuse to visit Europe in the fall and swill some of the world's finest beers by the liter. Check out the video below for BMW's official welcome to Oktoberfest visitors. Oktoberfest date for one-off BMW M3 "Munchner Wirte". Munich. BMW M GmbH is set to unveil a BMW M3 in "Munchner Wirte" livery to coincide with this year's Oktoberfest in Munich (19 September – 4 October). The one-off car will underscore the company's ties with motor sport in general and the city of Munich in particular. The livery design of the BMW M3 "Munchner Wirte" harks back to that of the legendary BMW M1 Procar from 1981, complete with Bavarian-style facade painting and blue and white twisted cords, along with depictions of Munich landmarks (such as the Olympic Stadium, Siegestor, Frauenkirche church and BMW's headquarters – the "four-cylinder" building), a roast chestnut seller and the Wiesn-Schanke beer tent at the Oktoberfest.

BMW Motorad reveals Concept Stunt G 310 in Brazil

BMW has been on a bit of a concept motorcycle bent lately, and each has taken a decidedly different approach from one another. The Motorad division did the Path 22 scrambler concept in June, the Concept 101 custom bagger in May, the Concept Roadster last year, and the Concept 90 retro racer the year before. Now it's at it again with the Concept Stunt G 310. As you might have guessed, the G 310 is a stunt bike. Its compact form is built around a single-cylinder engine canted rearwards with a rotated cylinder head to help optimize the weight balance. The intake was moved forward and the exhaust towards the rear, mounted under the seat, to enable the rider's freedom of movement. It has long travel in the suspension, but still rides on a short wheelbase – perfect for impressing the crowds. To that end, it was designed with collaboration from four-time stunt riding champion Chris Pfeiffer. It's also got a lockable throttle so the rider can take his hands off the controls (not advisable for the rest of us). The beefed-up secondary rear brake can be actuated by a squeeze of the finger. Axle pegs allow for additional foot-placement options, red crash bars protect the mechanical elements, and a specially designed "stunt tail" is milled from solid aluminum and provides an additional foot-hold. The shape is adorned with an eye-catching neon livery designed to give the impression of movement, even when it's sitting still. The bike will be unveiled in Sao Paulo, Brazil, at South America's preeminent motorcycle show. BMW Concept Stunt G 310 – Street. Style. Stunt. 06.10.2015 Munich/Sao Paulo. With the world premiere of the BMW Concept Stunt G 310 at South America's largest motorcycle show, BMW Motorrad is presenting a completely new side: the uncompromising interpretation of an aggressive and agile stunt bike based on a single cylinder study. Thanks to his experience as a four-times World and European stunt riding champion, Chris Pfeiffer, contributed to the realisation of the BMW Concept Stunt 310. "Stunt riding is a demanding and multi-faceted sport. Ideally you need a compact, agile bike which is also stable and robust at the same time. You have to achieve the ideal balance between aggressiveness and control", explains Chris Pfeiffer. Compact proportions, highest-level agility.