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Recharge Wrap-up: Hyundai/Kia fined $755M for exaggerated MPG ratings; BMW dealers want more i8s

The fine against Hyundai and Kia has grown to $755 million for overstating fuel economy ratings. $360 million of that fine comes from the EPA for violation of the Clean Air Act: $100 million is a civil penalty, $210 million is a forfeiture of greenhouse gas credits and another $50 million will pay for independent fuel economy audits on future models. The remaining $395 million is a settlement for customers who purchased the affected vehicles. A slew of 2011 to 2013 models were found to have fuel economy ratings overstated by one to six miles per gallon. Customers will be awarded funds to offset the unexpected fuel costs or to put toward a new Hyundai or Kia vehicle. Read more at Hybrid Cars. BMW dealers are awaiting details on new dealership standards - and BMW i8 models for their showroom floors. According to BMW National Dealer Forum Chairman Steve Late, BMW dealers are anxiously waiting to see what sort of updates they'll need to do to get in line with BMW's Future Retail 2016 program. As for the new EVs, Late says that the BMW i3 sales were slow to start, but that once people learned more about it, "wham, bam, it is taking off." The i8 shortage is a bigger problem: "I was allocated three for 2014, and I have a waiting list of 47 people. This year, maybe I will get eight or 10, and I still won't be able to fulfill them." Still, Late says he won't sell the cars at an upcharge. Read more at Automotive News. Opel is reportedly planning an electric version of its Karl hatchback. According to German automotive magazine Autobild, Opel will begin selling the diminutive Karl EV by the end of 2018. The electric car will offer a driving range of about 93 miles. The gasoline-powered version is expected to begin deliveries this June. Read more at Automotive News Europe. PSA Peugeot Citroen says it will keep its Hybrid Air program alive as it looks for a cost-sharing partner. Hybrid Air technology uses a compressed air hybrid system to improve fuel economy as we saw in the Peugeot 208 Hybrid Air concept. A French newspaper reported that Hybrid Air won't make it to commercialization, and that the program's team of engineers has been reduced. A PSA spokesperson confirms the change to the program, saying, "We are now waiting for another partner to help us begin the production stage." Read more at Automotive News Europe. Related Video:

BMW maintenance plan no longer transferrable to 2nd owner

One of the best innovations in car buying in recent years is the rise of no-cost scheduled maintenance programs. Many people feel really anxious about taking their car in for service, and these deals help mitigate that somewhat. Obviously, it's not free for automakers to implement the offers, and now BMW is altering the way its four-year, 50,000-mile Maintenance Program works for some owners. "To keep such an offer sustainable we had to make a change," said Kenn Sparks, Manager of Business Communications at BMW North America, to Autoblog via email.
The original person to buy or lease the model isn't going to see any difference, but the program is no longer transferable to a second owner, unless that person is in the owners household. Those people include includes parents, siblings, grandparents and grandchildren, in addition to someone like a spouse or children. The original owner just has to advise BMW of new user. "The program change will affect 2nd owners and for them BMW is introducing an optional full-maintenance product that covers the vehicle up to 100,000 miles," said Sparks. Scroll down to read the entire announcement.

BMW Competition Edition: 'ultimate version' of M5

BMW isn't waiting to see how much power the upcoming Mercedes-AMG E63 will have and is firmly placing itself at the top of the performance list with a new edition of the M5. BMW claims the M5 Competition Edition is the ultimate version of the sedan and will be limited to 200 models. BMW has confirmed that the vehicle will only be sold in Europe, which makes sense as the automaker just announced a US-only edition. The Competition Edition utilizes the same platform as the M5 with the Competition Package. The M5's twin-turbocharged 4.4-liter V8 receives an updated ECU and an increase in boost pressure for 40 more horsepower and 16 pound-feet of torque. The special edition now puts out 600 hp and 516 lb.-ft. of torque. With the M dual-clutch transmission as standard, the sedan takes 3.9 seconds to get to 62 mph from a standstill. The M5 Competition Edition also benefits from all of the go-fast goodies found in the Competition Package, which include: a recalibrated differential, special steering calibration, a reprogrammed M chassis control system, and an upgraded and lowered suspension. The limited-edition model will be finished in two body colors, Carbon Black and Mineral White, both of which are metallic, while the exterior is adorned with carbon fiber. The rear diffuser, spoiler, and mirror caps are all finished in carbon fiber, with the kidney grilles and side gills wear a "M5 Competition" badge. A unique set of black wheels wrapped in performance tires rounds out the exterior touches. On the inside, the M5 Competition Edition is finished in Merino Black leather with contrast stitching in Opal White. Even the floor mats, which are black, have Merino Opal White bordering. "///M5" is prominently embroidered on the performance seats' headrests, while the carbon-fiber interior trim bears a plaque (one to 200) to indicate the vehicle's limited quantity. All of the special editions will come with a Bang & Olufsen stereo system in addition to a host of high-tech features. The M5 Competition Edition is currently available for approximately $142,696 or roughly $42,000 over a M5 with the Competition Package. Related Video: Featured Gallery 2016 BMW M5 Competition Edition News Source: BMWImage Credit: BMW BMW Special and Limited Editions Performance Sedan limited edition