2001 Bmw 540i Base Sedan 4-door 4.4l on 2040-cars

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BMW i3 with range extender won't get all the EV tax benefits in NJ

Everyone loves that new-car smell, but not everyone loves that new-car tax. And whoever in New Jersey thought the extended-range version of the BMW i3 plug-in would be exempt from said tax was sorely mistaken, Green Car Reports says. To paraphrase the Garden State's favorite son, Bruce Springsteen, the first kick those drivers will take is when they hit the ground. BMW said last year that the BMW REx would qualify for new-car tax exemptions in New Jersey and in Washington State. The car's all-electric range was recently estimated at 72 miles and it has another 87 miles of gas-powered range-extended capability. Unfortunately, the range extender not only tacks on $3,850 to the car's sticker price but adds on almost that much again because New Jersey's seven-percent sales tax applies to all cars with any sort of gas-powered engine. BMW didn't respond to a request for comment about the New Jersey situation from AutoblogGreen. In other New Jersey electric vehicle news, the Consumer Affairs Committee of the New Jersey State Assembly will discuss the legality of Tesla selling directly to consumbers tomorrow. The extended-range i3 is involved in a different issue on the other side of the country. BMW said earlier this year that the REx would qualify for California's white zero-emission vehicle stickers that allow for solo access to high-occupancy vehicle (HOV) lanes. These unlimited white stickers can go on any EV, but the REx version only qualifies for the green stickers, which are designated for plug-in hybrids and extended-range plug-ins and the state has run out of those.

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.

BMW M5 Pure Metal Silver Limited Edition is a US special

America usually misses out on limited-edition models, but BMW has just made an ultra-exclusive version of its M5. Only 50 units of the Pure Metal Silver Limited Edition will be made, and the high-performance sedan is a US-only affair. Built upon a M5 with the Competition Package, the special edition boasts more power and a unique paint job to make it stand out from the regular M5. The Pure Metal Silver Limited Edition is up to 600 horsepower and 516 pound-feet of torque, which is 25 hp and 16 lb.-ft. of torque more than a M5 fitted with the Competition Package. The added power is from an increase in boost pressure and "targeted modifications." Thanks to the M dual-clutch transmission with Drivelogic, zero to 60 mph is dealt with in 3.9 seconds. The special edition is only marginally quicker than a base M5, so the power increase is more useful in bar trivia than in the real world. On the outside, the Pure Metal Silver paint job is one of the special edition's defining features. The color is BMW's most expensive paint option – it costs $10,000 in BMW Individual's Catalog. While being insanely expensive, the paint job is stunning and gives the M5 a chrome-like look. Besides the paint, the special edition retains the 20-inch M alloy wheels, black M Performance kidney grill, and M Performance Exhaust with carbon bezel as the M5 with the Competition Package. The interior features Merino (gray) leather with contrast stitching and aluminum trim to match the sedan's unique paint job. Each vehicle will have a badge (ranging from one to 50) highlighting the vehicle's limited quantity on the trim. Pricing for the Pure Metal Silver Limited Edition starts at $130,900 plus a $995 destination and handling fee. That represents a $30,000 price hike over the M5 with the Competition Package. That's a whole lot of silver for a gray car. But the special edition does come with the M Driver's Package as standard, which raises the top speed to 190 mph and includes an entire day of high-performance driving at BMW's Performance Center in California or South Carolina. The ultra-exclusive M5 will be available in August. Related Video: Featured Gallery 2016 BMW M5 Pure Metal Silver Limited Edition News Source: BMWImage Credit: BMW BMW Luxury Special and Limited Editions Performance Sedan limited edition