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BMW i3 to be priced around $40,000

According to Automotive News, the BMW i3 electric hatchback will likely be priced around $40,000, or similar to that of a well-equipped 3 Series sedan, when it goes on sale later this year. This information was revealed during an interview where AN spoke to Ludwig Willisch, CEO of BMW North America. The i3 will likely qualify for a $7,500 tax credit from the US federal government, though AN reports that a BMW spokesperson could not confirm this just yet.
In addition to the all-electric i3, BMW will offer a range-extended version that uses a 0.65-liter two-cylinder motorcycle engine and auxiliary generator to charge the car's battery on the go. Automotive News says pricing for this model is still unclear, as is whether or not the range-extended i3 will be eligible for the $7,500 tax credit. Of course, buyers needing a vehicle for longer trips will be able to borrow one from the automaker.
Automotive News also reports that the majority of BMW's 338 dealers in the United States will be able to sell the i3, as well as the upcoming i8 hybrid sports car. Dealerships have until June of this year to opt out of this program, however.

Watch Emily Blunt and John Krasinski prank Jimmy Kimmel's SUV

Jimmy Kimmel has a bit of a rivalry going with Emily Blunt and John Krasinski. Not like the "I'm on television, you're on the radio" one he has with his former Man Show co-host Adam Carolla (who of course has more to do with cars than the last name he almost shares with a Toyota economy sedan). With Blunt and Krasinski, it's more of a prank rivalry. The Hollywood couple, you see, live across the street from Kimmel, and they're all good friends. But come the holiday season, things get a little competitive. One year they broke into Jimmy's house and left an illuminated snowman and some sort of santa bear in his foyer. Jimmy retaliated, the Krasinskis escalated, and up and up things went until Jimmy had their entire house wrapped like a gift. John and Emily weren't going to leave it at that, though, and took things in a decidedly more automotive direction. They gift-wrapped the host's BMW X5 and filled it with balls. But they didn't stop there. You'll want to watch the footage above to see how things ended, just take note of the roll cage visible as Krasinski-Clause stumbles out of the car in that last scene and remember that, while we couldn't say no vehicles were actually harmed in the making of this segment, at least it doesn't appear to have actually been Kimmel's.

BMW M1 really was the Ultimate Driving Machine

Life giving you lemons? Make lemonade. That's the spirit in Munich that lead to BMW producing the only mid-engined sports car in its 98-year history. The project resulted from a collaboration with Lamborghini (now owned, incidentally, by arch-rival Audi) to meet Group 4 homologation requirements. Lamborghini withdrew, the FIA changed its rules, but BMW built it anyway.
Arguably one of Giorgetto Giugiaro's finest designs, the M1 packed a 3.5-liter inline-six, driving 273 horsepower to the rear wheels through a five-speed manual. The Procar racing version turbocharged that output up to 850 hp and attracted the top drivers in a one-make F1 support race series.
Over the course of three years, the Bavarian automaker only built 456 examples of the M1, and for BMW enthusiasts, there's no vehicle more coveted. But don't take our word for it - let Petrolicious tell one noteworthy owner's tale in the video below.