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Next-generation BMW 5 Series spied in Touring trim

It almost seems as if BMW just started selling the current-generation 5 Series, yet one of our spy photographers has already spotted a next-generation prototype in Touring form. Little is known about the luxury wagon in this early stage of testing, but it is expected to weigh much less than the current car, which, in 528i Touring guise with an automatic transmission, tips the scale at over 3,800 pounds. It is also expected to have the latest in driver-assistance technology. Despite the weight savings, and judging from the photos, it looks to have proportions similar to the current car, but don't expect the makeshift headlight and taillight clusters to make it onto the production model.
The crucial question for potential Touring customers in the United States is whether BMW will do the unexpected and import it here. The company's track record indicates that it will be sold in Rest of World markets only, but we're hoping that the next 5 Series will end the Touring's U.S. hiatus (and the 5 Series Gran Turismo's reign), which began in 2003 at the end of the E39 generation.

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.

Spirit Lake Cycles brings a new look to vintage BMW bikes

It doesn't take a lot of room to work on motorcycles. In fact, Spirit Lake Cycles, which gets the spotlight in the latest video from Petrolicious, started out of a kitchen. Now, this two-man operation has created a small business to bring a custom look to vintage BMWs. The company is best known for a bike that it calls the CBMW. Based on an R90/6, the name comes from the cycle's Honda-sourced fuel tank. The streamlined design and white pinstripes lend the look of one of the Bavarian brand's own early creations, but the chopped fenders and under-seat exhaust show a much more modern style. Spirit Lake Cycles doesn't always go for such a highly modified design, though. The other cycles that Petrolicous highlights, including a gorgeous BMW R90S, appear far closer to stock than the show bike. The company says its motorcycles are meant to be ridden, and you can see the proof of that in this video.