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BMW 7 Series iPerformance hybrid priced at $90,095

We've known that a new flagship plug-in hybrid from BMW was coming, but the German automaker hadn't revealed any details or exactly when it would be coming. Now we know both. Today BMW released detailed information on the electrified 7 Series. The new plug-in hybrids will be available in both short- and long-wheelbase variants, with xDrive all-wheel-drive available on the long-wheelbase model. The new model will carry the 740e (or 740Le for the stretched version) iPerformance moniker. BMW also confirmed to Autoblog that the models will be available in August starting at $90,095. Drivers concerned about letting everyone know they have the most high-tech and environmentally friendly 7 Series will be happy to know that BMW has visually distinguished the hybrid. The car will carry eDrive and i badges as well as exclusive blue grille bars and hub covers. And for potential owners wishing to make a personal statement, all the other styling kits available on the normal 7 Series are also available on the hybrid. Speaking of the exterior, know that the laser headlights available in Europe will not make the trip here. Mechanically, the big Bimmer is propelled by a 2.0-liter inline four coupled to an electric motor to make a combined 326 horsepower and 369 lb-ft of torque. Power is transferred through an 8-speed automatic to either the rear wheels or all four. The electric motor, depending on configuration, can provide between 25 and 30 miles of driving on a full charge. That full charge also comes in under four hours using the standard wall charger, and under three when using the BMW i Wallbox accessory charger. When performance trumps frugality, the quickest 740Le xDrive iPerformance can hit 62 miles per hour in a claimed 5.3 seconds while it's two-wheel-drive counterparts are only 1 to 2 tenths slower. Drivers will also have a remarkable amount of control in how the drivetrain doles out power. An eDrive button will allow the driver to choose between Auto and Max settings. The former is the default setting that attempts to maximize range, but will engage the gasoline engine at 50 mph or under heavy throttle usage. The latter shifts to electric-only mode and can remain a pure EV up to 87 mph. It will still engage the combustion engine if the driver floors the throttle. Other features that control power usage are the new Adaptive driving mode and Battery Control function.

1971 BMW 2002 is a car designer's car

Choosing what car to buy, drive, and love is a difficult decision for anyone. But when you're a car designer, the decision carries that much more weight. Then again, it may be that much easier when your whole decision comes down to the visceral and the aesthetic. Take Radu Muntean, for example, who's profiled in this episode of Petrolicious. Not to be confused with the film director of the same name (and nationality), this Radu Muntean is a car designer by trade. Since moving from his native Romania and graduating from the Art Center College of Design in Pasadena, Radu went on to work for the likes of Ford, GM, and Tesla. But his pride and joy is a set of wheels he didn't design himself: it's a 1971 BMW 2002. It's a model that BMW made for the long stretch of time in the 1960s and '70s, and enjoys a cult following to this day. And it's not hard to see why. Radu has customized his vintage Bimmer extensively, but rather than glitzing it up, he's boiled it down to its essence. And like a Lancia Fulvia or Alfa Romeo Giulia of the same era, this 2002 is a thing of simple beauty: squared-off design, slap sides, tall greenhouse, and little more. Related Video:

The BMW 8 Series leads this month's list of discounts

Whether you prefer the sleek looks of a sport coupe, the wind-in-your-hair exhilaration of a convertible or the flexible practicality of a four-door sedan, BMW has an 8 Series to suit your fancy. And if you're in the market right now, you may find that your local BMW dealership is willing to take $18,124 off the sticker price. That figure comes courtesy of TrueCar, and it reflects the discount buyers are getting off the 8 Series' average $122,395 retail price. Most of the 8 Series models in American showrooms today are 2019 models, and that's the model year to which the discount above applies. This represents the largest discount on a new car in America this month, based on the dollar amount off the car's sticker price, and the third largest discount by percentage. And it means the average transaction price for a 2019 BMW 8 Series is hovering at $104,271. 2020 BMW 840i Gran Coupe View 38 Photos BMW offers two distinct versions of the 8 Series, the 335-horsepower 840i with rear- or all-wheel drive, and the 523-horsepower 850i, which comes standard with BMW's xDrive all-wheel-drive system. If you want to step even further up the performance ladder, there's the M8, but that 600-horsepower monster is getting a much smaller $6,150 discount. If you're not into BMWs, the 2019 Mercedes-AMG GT boasts the second largest monetary discount this month, with buyers averaging $16,713 off the Benz's $176,035 sticker price. Another Mercedes, the S-Class, is next with a $11,452 discount. After that comes a pair of Maserati sedans, the Quattroporte and Ghibli, each with discounts of around $11,000. Since the Ghibli's base price is so much lower than that of its larger sibling, that represents a much larger 13.5% cut from its average retail price of $81,384 for an out-the-door cost of $70,373. For a look at the best new car deals in America based on the percentage discount off their suggested asking prices, check out our monthly recap here. And when you're ready to buy, click here for the Autoblog Smart Buy program, which brings you a hassle-free buying experience with over 9,000 Certified Dealers nationwide. Related Video: