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Reverse-engineering i3 shows BMW profits after 20,000 sales

"This is, without a question of a doubt, the most advanced vehicle on the planet. It's as revolutionary as the Model T was when it came out." That is exceptionally high praise, and it's not even being heaped on one of the million-dollar hybrid hypercars from Ferrari or McLaren. It's not even being attributed to a particularly zealous Tesla fan. Nope, it's coming from a mustachioed man in suburban Detroit, and he's discussing a $42,400 BMW hatchback with Forbes. Of course, said hatchback is the revolutionary i3, and Sandy Munro's statements carry some degree of authority, as his company is tearing apart and analyzing every little nut, washer and bolt on the four-seat EV. Munro's eponymous company performs reverse-engineering analysis, meaning they rip apart brand new cars and sell the information to the world's automakers, saving OEM's both time and money. The most interesting thing it has discovered thus far? That even with the high costs of two of the i3's most important elements – carbon-fiber-reinforced plastic and lithium-ion batteries – his company's analysis shows that BMW need only sell about 20,000 units a year to turn a profit, Forbes reports. While Munro's company is often contracted by automakers, he's gone it alone on the i3 project, dropping about $1 million into in-depth analysis. That's a lot of money, but the company should be able to turn around and sell its findings for about $500,000, with a batch of Chinese automakers already queued up and ready to buy. Analysis of individual i3 components will also be available from a sort of a la carte menu. To see what it is about the i3 that has Munro speaking so highly of it, head over to the Forbes website and check out the feature article and video on the reverse-engineering process. Featured Gallery 2014 BMW i3: First Drive View 33 Photos News Source: ForbesImage Credit: Copyright 2015 Sebastian Blanco / AOL Green BMW Hatchback Electric Sandy Munro

Park your BMW with a wave, 3D instrument clusters, and more

Remote parking your car with a smartphone app is so 2015. In the future envisioned by BMW, you can park your car by giving it hand gestures. Meanwhile, the car will sync with your smart home and display traffic information on your hallway mirror. It's all part of a giant list of concepts and technologies BMW is bringing to the 2016 Consumer Electronics Show. Let's break down some of the big ideas BMW's bringing to this year's CES. Park By Waving Actually, you don't even need to wave to get this i3 Concept to start moving. From inside your house, simply picking up the key can signal your connected garage door to open and tell your car to pull out into the driveway. Out in the wider world this concept takes automated parking a step further than current in-car parking assistance systems. Once a spot is found, the driver gets out and waves at the car. The i3 then does all the movement on its own. What's the benefit of watching your car park instead of sitting inside while it parks itself? Not much, other that the ability to fit into narrow parking spaces. But I'm a sucker for automation like this, as long as it works better than those infernal foot-kick tailgate opening systems. The Bumper That Snitches For You If you have a car already covered in cameras, why not use them for more than parking? Bumper Detect is BMW's take on the valet-mode recording in the Chevrolet Corvette. But instead of filming any motion, BMW's system monitors the body and bumpers for any unexpected impacts and immediately captures the footage. An alert goes to the driver's smartphone via the BMW Connected App, with available live streaming images. Samsung Smart Things And The Smart Home The i3 on display at CES intergrates Samsung's Smart Things app into the iDrive controller. This allow you to use connected smart home features inside the car, like turning off lights or adjusting the thermostat. BMW's vision further into future integrates the car into the home even more with what the automaker calls Open Mobility Cloud. You can call it a personal assistant or an evil digital spy, depending on your perspective of this kind on technology. In any case, Open Mobility Cloud uses predictive algorithms to plan the day and give relevent information through BMW's smartphone app or – in a super futuristic way – a Mobility Mirror inside the house.

2014 BMW 6 Series M Sport family to start from $80,625*

BMW shoppers looking for sportier and more luxurious versions of the 6 Series and 6 Series Gran Coupe without stepping up to the mighty M6 now have something new to check out. Offered on all versions of the 640i and 650i for the 2014 model year, the company's M Sport Edition package goes on sale in June with prices starting at $80,625 for the 640i Coupe, $83,325 for the 640i Gran Coupe and $87,925 for the 640i Convertible (*all prices including $925 for destination).
This package will allow standard 6 Series models to receive M6 styling cues like the more aggressive, aero-tuned front fascia, 19-inch wheels and even the option of the M6-exclusive Sakhir Orange metallic hue shown above. Matching the M6-like exterior, the interior will also be upgraded with an M-specific steering wheel, M badges on the door sill plates and the option of BMW Individual leather with a unique white and orange color scheme. With price increases of well over $5,000 for the M Sport Edition, this package also includes plenty of standard features like the company's Professional hi-fi audio system, head-up display, ConnectedDrive Navigation and - wait for it - a ski bag.