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Watch the BMW M4 GTS lap the Nurburgring in under 7:28

When BMW unveiled the new M4 GTS back in October, it said it could lap the Nurburgring in 7 minutes and 28 seconds. That's all well and fine in terms of bragging rights, but what Bimmer enthusiasts have been waiting for is the proof. And here it is, in ultra-HD 4k glory. In the video above, you can see the new M4 GTS scything its way through the Green Hell of the Eifel mountains. Behind the wheel is M GmbH engineer and racing driver Joerg Weidinger, who helpfully narrates the video to show us exactly how he tackled each and every corner along the 14-mile circuit. Which may come in handy for those with a season pass to the Nordschleife, but the rest of us are more concerned with that lap time and how it holds up. To put it plainly, the 7:27.88 lap makes the new GTS not only the fastest in the M3/M4 line to date, but the fastest production Bimmer ever clocked around the 'Ring. It handily beats the previous M3 CSL (7:50) and the stock M4 (7:52), and even trounces more powerful Bavarian machinery like the Z8, M5, and M6. There've been a handful of BMW-powered racers, motorcycles, and prototypes (not to mention the McLaren F1) that have clocked faster times, but as far as four-wheeled, standard production Munich-mobiles go, the new M4 GTS is the new King of the Ring. It also just so happens to match or beat the best times clocked by the more exotic likes of the Ferrari 458 Italia, McLaren MP4-12C, and Porsche Carrera GT – putting the M4 GTS in rare company indeed.

The UK votes for Brexit and it will impact automakers

It's the first morning after the United Kingdom voted for what's become known as Brexit – that is, to leave the European Union and its tariff-free internal market. Now begins a two-year process in which the UK will have to negotiate with the rest of the EU trading bloc, which is its largest export market, about many things. One of them may be tariffs, and that could severely impact any automaker that builds cars in the UK. This doesn't just mean companies that you think of as British, like Mini and Jaguar. Both of those automakers are owned by foreign companies, incidentally. Mini and Rolls-Royce are owned by BMW, Jaguar and Land Rover by Tata Motors of India, and Bentley by the VW Group. Many other automakers produce cars in the UK for sale within that country and also export to the EU. Tariffs could damage the profits of each of these companies, and perhaps cause them to shift manufacturing out of the UK, significantly damaging the country's resurgent manufacturing industry. Autonews Europe dug up some interesting numbers on that last point. Nissan, the country's second-largest auto producer, builds 475k or so cars in the UK but the vast majority are sent abroad. Toyota built 190k cars last year in Britain, of which 75 percent went to the EU and just 10 percent were sold in the country. Investors are skittish at the news. The value of the pound sterling has plummeted by 8 percent as of this writing, at one point yesterday reaching levels not seen since 1985. Shares at Tata Motors, which counts Jaguar and Land Rover as bright jewels in its portfolio, were off by nearly 12 percent according to Autonews Europe. So what happens next? No one's terribly sure, although the feeling seems to be that the jilted EU will impost tariffs of up to 10 percent on UK exports. It's likely that the UK will reciprocate, and thus it'll be more expensive to buy a European-made car in the UK. Both situations will likely negatively affect the country, as both production of new cars and sales to UK consumers will both fall. Evercore Automotive Research figures the combined damage will be roughly $9b in lost profits to automakers, and an as-of-yet unquantified impact on auto production jobs. Perhaps the EU's leaders in Brussels will be in a better mood in two years, and the process won't devolve into a trade war. In the immediate wake of the Brexit vote, though, the mood is grim, the EU leadership is angry, and investors are spooked.

BMW i3 owners in California get $1,000 to delay charging

It's fairly rare to get paid for doing absolutely nothing, but that's exactly the case for a select group of BMW i3 owners in California. A hundred people are part of the ChargeForward pilot program in coordination with BMW and Pacific Gas & Electric Company, and each participant gets a $1,000 gift card to not plug in their cars – at least not whenever they want to. It's all part of an attempt to develop strategies to reduce the strain on the grid during peak usage. The trial runs from July 2015 to December 2016 in California's Bay Area. According to the automaker's website, when plugged in, BMW has the ability to delay the charging of the i3s by up to an hour. There are no necessary mechanical or software modifications necessary, either. Although, if drivers desperately need the juice, they can also opt out of the program for a day. At the end of the experiment, the people are eligible for a second gift card for up to another $540, depending on their involvement. According to Bloomberg, with 65,000 electric vehicles in Northern California, the power company estimates the area has among the highest concentrations of EVs in the country. While all of those emissions-free miles are great for the environment, plugging them all in once just adds to the load on the system. As a second part of the program, used Mini E batteries are being repurposed to create a solar-powered, stationary storage system that Pacific Gas can also use to supplement the grid.