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Not just 'our logo on a sail': Automakers gain technology from America's Cup

HAMILTON, Bermuda - From water taxis that "fly" on hydrofoils to aircraft wings and cutting-edge car steering wheels, the America's Cup has produced technology with potential far beyond its "foiling" catamarans. With their focus on carbon fiber and aerodynamics, the teams that fought for the America's Cup attracted partners including planemaker Airbus and automotive groups BMW and Land Rover, who were keen to learn from them. One area where this is likely to have an impact is in harnessing "foiling" technology, where the America's Cup boats "fly" above the water on foils, cutting water resistance. "Foiling in small electric boats will most likely appear on rivers in major cities. We are just at the beginning of the foiling adventure," Pierre Marie Belleau, head of Airbus Business Development, who managed its partnership with Larry Ellison's Oracle Team USA, told Reuters. The space-age catamarans used in the 35th America's Cup, which ended in victory for Emirates Team New Zealand this week, can sail at maximum speeds of 50 knots (57 mph) and have more in common with flying than sailing."CARBON FIBER RELATIONSHIP" For Jaguar Land Rover, which sponsored British sailor Ben Ainslie's attempt to win the cup, the relationship is a strategic one with a focus on technology and innovation. "We don't just get our logo onto a sail," Mark Cameron, JLR's Experiential Marketing Director, said by telephone, adding that the carmaker would be providing more designers to help Land Rover BAR with technology for their next campaign. "This is a dynamic sport that is developing fast. ... It's moving quickly just like the car industry is moving quickly. It's all changing," Land Rover produced a special steering wheel for Ainslie to use in the America's Cup, with in-built gear shift paddles that allowed him to adjust the catamaran's "flight" levels. The relationship is similar between BMW and Oracle Team USA, with the German automaker focused on areas including the electronics in the wheel used by skipper Jimmy Spithill, the development of carbon fiber used to make the boat and its components, and the aerodynamic testing. "We like to think of ourselves more as a partner than a sponsor. We have a very strong carbon fiber relationship," Ian Robertson, who is the BMW management board member responsible for sales and brand, told Reuters between races. "This is a dynamic sport that is developing fast. ... It's moving quickly just like the car industry is moving quickly.

BMW i3 will come with unusual 'OwnersChoice' non-lease option

In case you were interested in driving a BMW i3 but were afraid of getting into a traditional lease, there's some good new for you. We think. BMW recently announced that it would offer something called "OwnersChoice" and "OwnersChoice with Flex" to make the elegant city EV an easier purchase. Or temporary purchase, anyway. Something called "OwnersChoice with Flex" is not listed on the federal government's consumer information page on vehicle financing and we couldn't get a better explanation out of BMW than the official announcement, but the gist appears to be that an i3 buyer can make a gigantic balloon payment at the end of the contract term in order to pay less in monthly costs along the way. The way Automotive News describes it, the typical balloon note chains the buyer to the car in such a way that, while you can get lower monthly payments, you're still on the hook for the amount of the financing even if you return the car. With OwnersChoice, if you give the i3 back after the contract is done (usually after three years), you're in the clear. With OwnersChoice with Flex, you need to pay up no matter if you keep the car or not, but you can take the $7,500 federal tax incentive and increase your balloon payment by - let's see here, what's the amount? ah, yes - up to $7,500, which would knock $208 (7,500 divided by 36) off your payment every month. BMW Group Financial Services (GFS) came up with this new lease/payment hybrid thing, and Fred Isele, BMW GFS vp of sales and marketing, says it lets owners get, "a comfortable payment for one of the highest technological and efficient premium electric vehicles available to date." BMW GROUP FINANCIAL SERVICES OFFERS 'OWNERSCHOICE WITH FLEX' FINANCING PRODUCT WITH PURCHASE OF NEW i3 -- PROVIDES END-OF-TERM OPTIONS SIMILAR TO LEASING, YET BENEFITS OF OWNERSHIP WOODCLIFF LAKE, NJ – February 25, 2014 – With the launch of the BMW i3, the brand's first premium electric vehicle, BMW Group Financial Services becomes one of the first in the industry to create a financial solution to ownership that provides eligible customers with the options to lower their monthly payment and return the vehicle at the end of their contract term. The financing product called 'OwnersChoice with Flex,' provides eligible BMW i3 customers the option to increase their final OwnerChoice balloon payment due at the end of their contract term by up to $7,500.

BMW reveals updated 2016 Alpina B6 xDrive Gran Coupe

Do you dig the BMW M6 Gran Coupe, but really wanted one with all-wheel drive? We can hardly blame you, considering how well it held up against the Nissan GT-R and Bentley Continental GT in the Australian Outback on a recent episode of Top Gear, despite the disadvantage on driven-wheel count. But that, you see, is where Alpina comes in. The "other M division" offers the a twin-turbo 6 Series Gran Coupe with four-wheel traction – even here in the US – and it's just been upgraded. The 2016 BMW Alpina B6 xDrive Gran Coupe packs a 4.4-liter twin-turbo V8 engine, just like the M6. But whereas the previous B6 packed less power than its factory counterpart, the new one surpasses it. Thanks to a boost by 60 horsepower and 50 pound-feet of torque, the B6 now cranks out 600 hp and 590 lb-ft – which rather impressively bests the M6 by 40 hp and 90 lb-ft. Plus it's driven to all four wheels. The manufacturer says that's good for a tenth of a second off the 0-60 time, now quoted at 3.6 seconds, with a top speed pegged at 200 miles per hour, making this the fastest Alpina ever offered. The 2016 B6 also benefits from new headlamps, upgraded brakes and reshaped aerodynamic elements, but it's mostly the power boost that makes this the quickest Alpina off the line in the company's history. Related Video: THE NEW BMW ALPINA B6 XDRIVE GRAN COUPE Enhancements for 2016 model year deliver more power and refinement than ever. Woodcliff Lake, N.J. –February 11, 2015... The new 2016 model year BMW ALPINA B6 xDrive Gran Coupe gains subtle BMW enhancements and benefits in particular from the results of continuous development by ALPINA. The four-door Gran Coupe, already widely recognized for aesthetic beauty and impressive driving performance, raises the benchmark with exciting new details. The new BMW ALPINA B6 xDrive Gran Coupe will become available to order starting in March 2015, with US deliveries slated to begin at BMW Centers in June. Pricing will be announced closer to the on-sale date. The BMW ALPINA B6 xDrive Gran Coupe is available as a special-order vehicle with capacity-limited production underscoring its exclusivity. The B6's body is manufactured in the BMW 6 Series factory (Plant Dingolfing) and hand-finished with the remaining ALPINA components at the ALPINA factory in Buchloe, Germany. The hand-finishing sequence at ALPINA increases the production lead-time by approximately two weeks.