2023 Bmw M8 on 2040-cars

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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.

China probing German automakers over spare parts

The Chinese market has proven to be a boon to German luxury automakers. However, the way that the companies have allegedly been controlling their supply of spare parts has begun to draw the ire of the nation's government. According to insiders speaking to Bloomberg, officials from the country's economic planning organization have opened a probe into Audi, BMW, Mercedes-Benz and some Japanese carmakers over claimed price inflation and limiting supply.
Specifically, the investigation centers around two aspects of how the companies do business, according to Bloomberg. Investigators want to know whether the original equipment component makers are able to sell spare parts only to automaker-authorized dealers or if they are also available to independent shops. There is also the issue of whether the price markup on replacement pieces is too high. The tight controls could be partially explained by China's reputation for producing counterfeit parts.
Evidently, the investigators haven't checked parts prices at car dealers elsewhere in the world. At least in the US, paying more at the dealer for factory components just goes along with owning a vehicle. If evidence of price fixing is found, the companies could face fines the equivalent of millions of dollars, according to Bloomberg.

2016 BMW X4 M40i Quick Spin

There's only so much you can do to disguise the SUV-ness of a crossover. The physics are simply against it. Essentially a jacked-up wagon, the X4 is heavier and has a higher center of gravity than a 3 Series longroof. No matter how many badges or what sort of fancy suspension you throw at it, you can't defy the essential laws that govern the mechanics of the universe. This isn't to say that BMW is standing in the surf, ordering the waves to roll backward. The X4 is a valiant, if misguided effort, in injecting some sportiness into a very niche vehicle. The X6 M, a "full" M Division offering, does a decent job at this: it's quick like a rocket-assisted hippopotamus, and uses some black magic to stay planted. The X4 M40i, a less-full-blown M Performance model, is less dramatic, and less compelling. Here's the operating theory: this crossover won't sell on its dynamic charms, however superior to its X4 xDrive28i and xDrive35i siblings. It'll sell because it's the top of the X4 heap, the most expensive of the three ($58,795!), and with the most "M" badges. Anyone looking for utility and strong handling dynamics should examine a 3 Series xDrive Sports Wagon with the M Sport Package and the $700 Adaptive M Suspension, pocket the $10k, and marvel at the size and shape of the cargo area. Driving Notes: This is the same engine as seen in the brand new M2, making 355 horsepower and 343 pound-feet of torque in this application. That's 10 hp down from the M2. There's lots of torque, and with an intentional stab of the go-pedal, this X4 will scoot. The eight-speed auto is great heading through the ratio range – its shifts are swift and sharp. The paddles will hold gears to redline in manual mode, but would you really want to? We ignored them. The adaptive dampers have their work cut out for them. This is a 4,235-pound vehicle – a full 340 pounds heavier than a diesel, all-wheel-drive, 3 Series Sports Wagon, and 7.6 inches taller – and this is where physics comes into play. Slalom-like quick corners produce an uncomfortable jacking effect as the outer wheels unload and transfer weight to the other side. It handles well, for a hippo. Since hustling the X4 M40i is possible but not all that rewarding, know that it's very pleasant in Comfort mode. The extra oomph is realized as a thick, broad, rich torque band, and that's never a bad thing around town. It's nicely dampened in Comfort, without much wallow.