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BMW M2 to pack 365 hp

The BMW M2 was spied testing several times last summer, but there has been little news about the upcoming entry to the M family as of late. More info is finally leaking out though, and it potentially confirms some past reports, while giving a better idea of what the coupe looks like. We have to take any of these leaks with a grain of salt, but according to a user on the 2addicts forum citing insider sources at BMW headquarters, M2 production begins in November. This person also reiterates that the coupe uses BMW's N55 turbocharged 3.0-liter inline-six. In this tune, it would reportedly make 365 horsepower and 343 pound-feet of torque. Plus, an over-boost system would allegedly push twist by about 25 lb-ft at low revs. At launch, this rumor also suggests that BMW might keep the M2's color palette limited to just four choices: Alpine White, Black Sapphire Metallic, Long Beach Blue Metallic and Mineral Grey Metallic. Inside, there're purportedly even fewer hues with the only one being black with blue stitching. Assuming these numbers are accurate, the M2 seems to represent a decent upgrade over the already capable M235i. It also uses a version of the N55 but a version making 320 hp and 330 lb-ft. In addition to the extra grunt, previous spy shots show the M with a front fascia akin to the M3/M4.

These are the top luxury cars bought by people entering the segment for the first time

Let's say you just got a big promotion at work or the kids are moving out of the house, and you finally have some extra money. You decide to blow it all at once and treat yourself by upgrading your ride. Naturally, you look to a luxury automaker. What do you choose?
Models like the Audi A3 and Mercedes-Benz CLA-Class may be tailor-made to introduce buyers to the premium segment, but a new study finds that they don't garner the highest rates of non-luxury customer conquests. It turns out that a Volvo leads among folks moving up to a premium brand, and it isn't even one that's made anymore, at that.
A recent study by Polk and IHS Automotive looked at what models had the highest rates of buyers upgrading from a non-luxury segment. The information comes from its new vehicle registration data through April 2014. All ten top models boasted conquest rates of over 50 percent, but the Volvo C70 led the field with 68.01 percent of its customers coming from non-premium brands.

Tesla exec calls rival EVs 'little more than appliances'

Tesla's Vice President of Business Development Diarmuid O'Connell called the company's competition "little more than appliances" at the Center for Automotive Research's Management Briefing Seminars in Traverse City, MI yesterday. "In essence, [mainstream automakers] delivered little more than appliances," O' Connell said. "Now, appliances are useful. But they tend to be white. They tend to be unemotional." According to Automotive News, O'Connell's main critique is that vehicles like the Nissan Leaf and BMW i3 don't deliver enough performance or range to draw the attention of consumers outside of a small group. The solution, in O'Connell's mind, is more power, more range, more excitement and a lower price – that last point is particularly rich coming from an automaker whose cheapest current offering, the Model S 60, costs $66,000 – although the cheaper Model 3 is on the horizon, way out there, somewhere. But some EVs are better than none, O'Connell added. "On balance, I'm happier that [traditional automakers are] doing these cars than not," O'Connell said. "I just wish they would do them better and faster." O'Connell also used his appearance at the Management Briefing Seminars to launch a volley at the Michigan legislature, blaming its opposition to Tesla's direct-sales model for the lack of available EVs in the Wolverine State. "I think if the Michigan Legislature would allow Tesla to sell cars in Michigan, we could probably address [the lack of available electric cars]," O'Connell said. Related Video: