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Toyota sells off Tesla shares, too

The incredible rise of Tesla's stock price has done little to now stop two major shareholders from ditching their stake in the American EV manufacturer. First, Daimler, parent company of Mercedes-Benz, ditched its four-percent stake, and less than a week later, Toyota is doing the same thing, selling off an undisclosed bit of its Tesla investment.
The move comes as Toyota winds down sales of the RAV4 EV, which gets its batteries and electric motor from Tesla at the company's Fremont, CA factory.
"We have a good relationship with Tesla, and will evaluate the feasibility of working together on future projects," Toyota spokesperson Kayo Doi told Bloomberg via email.

BMW wheels out single-cylinder G 310 R motorcycle

BMW makes a lot of motorcycles, including cruisers, enduros, off-roaders, sport bikes, and scooters. The one thing it hasn't done is a single-cylinder motorcycle with less than half a liter of displacement. But that all changes with the arrival of the G 310 R. Previewed by the Concept Stunt G 310 revealed last month in Brazil, the new G 310 R is BMW Motorrad's first sport bike with an engine smaller than 500cc. Though developed in Germany, the G 310 R is built in India around a new liquid-cooled single-cylinder engine displacing just 313 cc. That tiny cylinder does boast four valves, along with dual overhead camshafts and electronic fuel injection. It makes 34 horsepower and 21 pound-feet of torque. The engine is nestled into a compact tubular steel frame. It features a single headlamp up front, a molded fuel tank, 17-inch wheels, disc brakes with ABS, and aggressive styling. It all weighs just 350 pounds, with a seat that's less than 31 inches off the ground. Along with the G 310 R, BMW also revealed an electric motorcycle concept based on the S 1000 RR. That one you can check out on Autoblog Green. For a closer look at the G 310 R, you'll want to peruse the extensive image gallery above, and for further details, the press release below. BMW Motorrad G 310 R The new BMW G 310 R – the first BMW roadster under 500 cc. One cylinder, low weight, powerful dynamic performance – the BMW G 310 R embodies the pure essence of a BMW roadster: it has neither too little nor too much of anything. Pragmatic in the best sense of the word, it offers precisely what is needed – for dynamic performance and comfort, both in town and out in the country. The BMW G 310 R takes these essential qualities into a capacity segment that is new to BMW Motorrad. As a genuine BMW roadster it masters a range of disciplines: it is just as happy winding its way nimbly and flexibly through the narrow streets of a city as it is travelling supremely and powerfully along country roads. And thanks to its exceptionally low level of fuel consumption and a relaxed, comfortable seating position, it offers the welcome capability of being able to cover a long distance at a time. At home on the roads of the world. Newly conceived from scratch, the G 310 R represents everything BMW Motorrad stands for: innovation, quality and of course many years of carefree partnership with its owner.

BMW ups i3 production to 100 units a day to meet demand

To reverse the old Field of Dreams quote, they are coming, so BMW is building them. All indications are that US demand for the BMW i3 plug-in will be larger than initially expected. As a result, the automaker is upping production at its German factor by more than 50 percent in advance of stateside sales, Automotive News says, citing BMW boardmember Harald Krueger. BMW has started making about 100 i3s a day, up from its previous daily rate of about 70 units. So far, BMW, which is expected to begin sales of the i3 in the US later this month, has made about 5,000 i3s. BMW spokesman Dave Buchko confirmed in an e-mail to AutoblogGreen that the company was boosting production of the i3 based not only on US demand but on worldwide demand, but he declined to be specific about BMW's new production rate. BMW started selling the i3 in Europe in November and had racked up a six-month waiting list by early February. Last month, Norbert Reithofer, chairman of the board of management for BMW, estimated that the company would be making a cool 100,000 i3s a year by the end of the decade, and that the global automotive market would support that production level. Check out our First Drive of the i3 here.