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Autoblog Minute: Nokia to sell Here mapping for $3.1B

In a three company partnership the German automakers BMW, Audi and Daimler are set to take ownership of Nokia's Here mapping technology. Autoblog's Eddie Sabatini reports on this edition of Autoblog Minute. Show full video transcript text [00:00:00] In a battle for Nokia's highly coveted mapping technology the auto industry claims victory over Silicon Valley. I'm Eddie Sabatini and this is your Autoblog Minute. In a three company partnership the German automakers BMW, Audi and Daimler are set to take ownership of Nokia's Here mapping technology. The Wall Street Journal writes that the automakers had concerns that the technology might fall under the [00:00:30]control of companies like Google, Uber, or Apple. The purchase, worth a reported 3.1 billion dollars, is still subject to antitrust evaluation before it's finalized; but this early news is already a big win for the German three. Ownership of Nokia's Here tech means that automakers won't lose control of the information systems that go into their cars. The deal, if approved, is expected to close in first quarter of 2016. For Autoblog, I'm Eddie Sabatini. [00:01:00] Autoblog Minute Logo Autoblog Minute is a short-form video news series reporting on all things automotive. Each segment offers a quick and clear picture of what's happening in the automotive industry from the perspective of Autoblog's expert editorial staff, auto executives, and industry professionals. Audi BMW Autoblog Minute Videos Original Video

BMW i3 sales rise after Germany adds plug-in vehicle subsidies

BMW's advance sales of its i3 electric vehicle have risen since Germany began offering incentives for plug-in vehicle buyers. About 1,000 of the 5,000 global orders for the updated version of the i3 were taken from Germany, says Reuters, citing the German publication Frankfurter Allgemeine Sonntagszeitung (FAS), which itself cited BMW sources. That sales rate for deliveries from mid-July onward marks a "many times over" increase from how the i3 had been selling. BMW representatives weren't available to comment, according to Reuters. That demand increase coincides with the German government's recent decision to collaborate with automakers by offering financial perks for plug-in vehicles. German consumers get a $4,400 break on electric vehicles and a $3,300 discount on plug-in hybrids. All told, the program will be worth about $1.4 billion, and about half of that funding will come from the German automakers themselves. That program will also fund the deployment of as many as 15,000 vehicle-recharging stations, which should further spur demand for plug-in hybrids and EVs. The ultimate goal is to speed up plug-in vehicle adoption to meet German Chancellor Angela Merkel's 2009 goal to have 1 million EVs on Germany's roads by 2020. Upon adoption of the government initiative, Germany had accounted for about 30,000 electric vehicles, implying that the country was far off the pace needed to meet Merkel's decade-end target. As for BMW, the company announced this spring that the 2017-model-year i3 will offer a 33-kWh battery. The larger pack will increase the i3's single-charge range to 114 miles from 81 miles, or a 41-percent boost. Reuters says BMW is also planning to further improve the i3's performance for 2018, while another electric vehicle is on tap for 2021. BMW also sells the super-sporty i8 plug-in hybrid under its "i" sub-brand. Related Video: Featured Gallery 2017 BMW i3 View 26 Photos News Source: Reuters Government/Legal Green BMW Electric PHEV

Mazda Turnpike in Japan shut down for racing

The people behind Motorhead Magazine in Japan clearly have some friends in high places. Not only did they manage to shutdown eight kilometers of the Mazda Turnpike up the Hakone mountain, but they invited some of the country's premiere racers to take a drive up the hill. This wasn't just a Sunday cruise either. Featuring a BMW Z4 from the Super GT series, a classic Ford GT40, two flavors of Nissan GT-R and two takes on the Subaru Impreza WRX STI, these guys came ready to run. When an opportunity to let racecars challenge a curvy mountain road presents itself, you don't squander it. Thankfully, the folks at Motorhead knew that and outfitted the course with a plethora of cameras and high-quality sound equipment to capture the action. The result is nothing short of sublime. Take the video's urging to turn up your speakers for this one, and watch as these racers hit ludicrous speeds in a beautiful place never meant for them. News Source: japanmotorhead via YouTube, Jalopnik Aftermarket Motorsports BMW Ford Nissan Subaru Racing Vehicles Performance Videos ford gt40 super gt