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2015 BMW i3 official photos

The BMW i3 has been officially released as of today, simultaneously worldwide in London, New York City and Beijing. The city car is powered by an electric motor producing the equivalent of 170 hp and 184 lb-ft of torque. The rear-wheel-drive, 2,635-pound car can sprint to 62 mph (100 kph) in 7.2 seconds and can achieve a range as high as 118 miles.

Watch the Jaguar Project 7 F-Type go up the Goodwood hillcimb

Jaguar Project 7 F-Type (pictured) tackles the Goodwood FoS hillclimb One of the surprises of the 2013 Goodwood Festival of Speed has been the debut of the Jaguar Project 7 car, an F-Type with the more bountiful 542bhp supercharged V8 and styling stolen from the D-Type. Jaguar are saying Project 7 isn’t heading for production, but we’re pretty sure most of what’s underneath it – principally the 542bhp version of the supercahrged V8 – is in a production F-Type R. Perhaps surprisingly, fitting the 542bhp vresion of the V8 doesn’t seem to have done a lot for the F-Type’s sprint times, with 62mph coming up in 4.1 seconds, just 0.1 seconds quicker than the 495bhp engine in the standard Jaguar F-Type V8.

BMW, Daimler experiment with upscale rent-by-the-ride

Two European luxury brands are tiptoeing into car sharing, a radical move for carmakers whose business for the past 100 years has been selling to individuals. German archrivals Daimler AG and BMW AG have launched sharing programs. The automakers say the move was prompted by changing attitudes about car ownership, especially among young buyers, and increased urban congestion.