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A BMW i3 will cost you $100,000 in Brazil

Brazil is a long way from the US, and the price of the BMW i3 in that South American country is even further away from what Americans pay for the same electric vehicle. But that hasn't stopped a few wealthy Brazilians from taking the plunge. The BMW i3 REx – i.e., the one with the gas-powered range-extender – is the first mass-produced vehicle of its kind to be imported to Brazil (there are a few Nissan Leaf vehicles in fleet use), and those intrepid buyers are forking over about $100,000 to own the vehicle, according to Just-Auto. The country's first 100 i3's were recently received in Sao Paolo, and about 30 of them have been sold. That pricetag is a wee bit higher than in the US, where the i3 starts under $42,000. BMW did open a $261-million factory in Brazil this year, but the i3 continues to be produced exclusively in Germany. It's not just fancy new plug-in cars and World Cup tickets that cost a lot in Brazil. The Volkswagen Golf, which retails for less than $18,000 in the States, costs about $23,000 in Brazil and the Economist ran a series of articles last year explaining how currency changes have resulted in the dollar-to-Brazilian real exchange rate surging in recent years.

British automakers take costly precautions as Brexit 'no deal' fears grow

LONDON — Carmakers in Britain have triggered some Brexit contingency plans, such as certifying models in the EU, and are working on redrawing production schedules and stockpiling more parts to defend against any loss of unfettered trade after Brexit. The moves are aimed at ensuring plants, which rely on the just-in-time delivery of tens of thousands of components, can keep operating after Brexit on March 29, but will add costs and bureaucracy which could risk their long-term viability. London and Brussels hope to agree a deal by the end of the year to avoid tariffs and trade barriers, but Prime Minister Theresa May's proposals have been criticized by both Brexiteers, who want a cleaner break from the bloc, and the European Union. McLaren Automotive is looking at having its cars certified by both a British and an EU agency to smooth sales. It is also planning to stockpile critical components and change shipments into the EU around Brexit if there is disruption. "I will sell a little more in January and February and plan to pick the volume up in May and give us a leaner period through the change point," Chief Executive Mike Flewitt told Reuters. BMW, which said last week it would move the annual summer-time shutdown of its British Mini plant next year to April, is looking for lorry parking areas and warehousing on both sides of the channel and is seeking to sign contracts to lease certain locations, a spokesman said. It is also investing in IT systems to handle any new red tape as carmakers estimate tens of thousands of new documents could be needed if tariffs and customs are imposed. The German carmaker's Brexit plans are costing millions of pounds, a source familiar with the matter told Reuters. But Honda, which builds 10 percent of Britain's 1.67 million cars at its Swindon plant in southern England, is not in the market to buy "huge amounts of warehousing space," its Europe boss Ian Howells told Reuters. "It's been a very precise calculation or estimation of what components need to be brought in," he said, adding the firm could also alter its output to sell more into the EU at the start of next year. Waste of money? Many British carmakers have also asked suppliers to look into how they would handle delays at ports, executives told Reuters, as thousands of parts, engines and finished models move between Britain and the continent every day.

2017 BMW i3 gets $1,200 price increase for new, bigger battery

The 2016 BMW i3 started at $43,395 (including the $995 destination fee). The all-electric 2017 BMW i3 with the new 94 Ah battery will start at $44,595 while the REx (Range Extender) version of the new car starts at $48,445. Both of those prices also include the destination fees. The good news is that you get a lot more electric vehicle for your EV bucks. As we learned in May, the 2017 i3 is getting a much larger battery pack than the 2016 model. Instead of a 22-kWh pack that offered 81 miles of range, the 2017 i3s have a 33-kWh pack that'll take you 114 official miles. In other words, if you only care about battery capacity, you're paying just over $100 per kWh of extra capacity for a new i3 now. Or you can look it as a 50-percent capacity increase for about a thousand dollars. Either way, the cost of more electric miles is not as expensive as it once was. Just as predicted. There will also be some new standard equipment that comes with the 2107 i3: Deka World – Interior Design Loft No Cost DC Fast ChargeNow available for 2 years Advanced Real Time Traffic Information Universal Garage Door Opener 19-inch wheels Comfort Access There are two new options as well, the Protonic Blue color and the Dark Oak Wood Trim. BMW is also offering the BMW Performance Center Driving Experience for both of its i vehicles, the i3 and the i8, to interested drivers. Related Video: Featured Gallery 2017 BMW i3 View 26 Photos News Source: BMW Green BMW Electric Hybrid