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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 Vision Future Luxury arrives in Beijing dressed to the nines

Almost two weeks ago, we reported that BMW may be bringing a concept to the 2014 Beijing Motor Show that could herald a flagship 9 Series model that would be better suited to do battle with the tip-top of the Mercedes-Benz S-Class range than the current 7 Series. Well, here it is. This is the Vision Future Luxury Concept, and straight away, it looks suited to the role of ultra-luxury flagship.
In our original story, we reported that the Beijing concept would wear styling similar to the Pininfarina Gran Lusso Coupe that was shown in Villa d'Este nearly a year ago. Unlike that car, the Vision Future Luxury sports four doors, although its roofline plunges aggressively enough for it to be considered a four-door coupe. That doesn't mean it will compromise on rear-seat space, however. Judging by the length of the rear doors alone, this is a very large vehicle.
Its styling, though, is, as we reported, quite familiar. We can see the evolution of the Concours' concept's styling, with a narrower grille that still leads up into the hood. The thin headlights use BMW's Laserlight technology while retaining a shape similar to the Gran Lusso, and the lower intake is dominated by a carbon-fiber air deflector on both ends. BMW's Air Breather system can be found behind the front wheels, adding an accent along the lower portion of the doors. In back, organic LED lighting is used for the super-slim taillights.

BMW mulled ten, eight, and six-cylinder engines for i8 before going hybrid

There's little doubt that the 2015 BMW i8 is one of the most radical and groundbreaking performance cars this industry has seen in a long time. From its unique carbon-intensive construction to its 1.5-liter, three-cylinder and electric motor plug-in powertrain to its concept-car appearance, the flagbearer for BMW's new i venture challenges the very notion of what it takes to be a supercar.
Yet apparently the i8 almost didn't do that at all. Yes, it probably still would've had innovative assembly techniques, serious performance and come-hither bodywork, but according to a new report in the Telegraaf, it was very nearly a much more conventional beast, drawing its power from a V10 engine. According to the report, that line of development never got much beyond the drawing board, but BMW engineers then shifted their focus to both V8 and six-cylinder motivation, going so far as to build prototype cars. The higher cylinder-count engines were eventually dropped altogether after BMW decided to turn the i8 into a hybrid, with the six-cylinder reportedly nixed due to heat management and weight issues. In the end, of course, BMW went with the PHEV powertrain that offers a total system output of 362 horsepower and 420 pound-feet of torque - plenty of thrust for this lightweight, all-wheel drive coupe while still enabling an incredible 94 miles to the gallon on the EU cycle. Regardless of how it turned out, it's still fascinating to think that BMW didn't have a much firmer conceptual idea of what it was after when it started the i8's development.
Here at Autoblog, we're genuinely thrilled about this new generation of greener hybrid super- and hypercars, a movement spearheaded by the i8, Porsche 918 Spyder, Ferrari LaFerrari and McLaren P1. But even so, our inner-gearheads can't help but wonder what might have been had BMW pursued a more conventional i8, either in place of, or in addition to, the car they did build. What do you think? Have your say in Comments.