2006 Bmw X3 Awd Auto 77k Loaded, Heated Seats, Xm, Power Everything Nr on 2040-cars

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Why BMWs are cheaper than Hyundais in Korea

Bloomberg reports shifting tariff regulations have upended the traditional automotive pecking order in Korea. Thanks to cheaper import taxes, foreign brands have seen market share jump from 28 percent to 41 percent over the last two years. BMW, Mercedes-Benz and Audi have all capitalized on the shift, with domestics like Hyundai and Kia suffering at the hands of their German rivals.
Taxes on European imports have fallen from 8 percent in 2011 to just 3.2 percent today. Over the next few years, tariffs will all but be eliminated for most imports, and taxes on US-made vehicles are expected to fall to just 4 percent in 2014. By 2016, that number will be zero. Needless to say, Hyundai and Kia are concerned about the shift.
Hyundai has seen profit fall by 15 percent last quarter, and the company says it is on pace to see the slowest sales growth since 2007. The company's shares have fallen by 12 percent. In order to stem the losses, Hyundai has discounted its midsize sedans and started working on diesel engine options.

2014 BMW 4 Series convertible spotted

We've seen a few spy shot packages featuring the upcoming BMW 4 Series Convertible already, but never with the car quite so naked as in this latest batch. Nabbed just outside the BMW Nürburgring workshop in Germany, this Melbourne Red 4 Series also shows the M Sport package for the first time.
With all of the cladding removed, we can see that the convertible shares the 4 Series coupe's great-looking nose and front end, though the resolution of that folding hard top into the rear bodywork remains a bit harsh.
With the 4 Series coupe now completely official, we have a pretty good idea of what the powertrain lineup for the 'vert will be. We'll be pretty surprised if a 2.0-liter turbocharged four-cylinder and a 3.0-liter six-cylinder turbo aren't the go-to engines at launch. Production of the droptop is likely to begin at the end of the year, so start bugging your local BMW dealer.

Toyota GT86 engineers explored shooting brake and sedan variants, are they still in the cards?

According to the Toyota UK blog, engineers for the automaker were so excited developing the GT86 coupe that they investigated producing a whole family of models based on the rear-wheel drive sports car. And at least one engineer - product chief Tetsuya Tada - still hopes it can happen, even if not everyone at Toyota is onboard. Tada: "Actually we tried to do this secretly but the executives found us out. They said: 'What are you doing? Will you please focus on the coupe.'"
Those mooted variants included both a four-door sedan and a shooting brake. Why? Aside from the pure excellence of a lightweight, brilliantly handling hatchback, Toyota was keenly aware of the fact that it may need to spread the cost of development out across several models. Tada says that's part of the reason why it was so easy to create the convertible. The company knew from the outset that a softtop version was in the cards, and built the machine's structure to accommodate having the roof sliced off.
Tada also made mention of the already-announced collaboration between Toyota and BMW. The engineer said that the GT86 was particularly helpful because it demonstrated just how successful a product conceived and designed by two different companies can be. While he didn't say exactly what Toyota and BMW are up to, it's clear the two are looking into a number of possibilities. It's an interesting read with a lot of