Our test of a 2021 BMW M550i xDrive showed the car fell significantly short of BMW’s claimed zero-to-60-mph time of 3.6 seconds. We alerted BMW to the discrepancy.
Jaguar announced that its F-type sports car will now only be available with a V-8 engine. The car could previously be had with a four-, six-, or eight-cylinder engine. The V-8 will continue to be available in two flavors: a 444-hp base version or supercharged with 575 horsepower in the President Biden said on Thursday that he was willing to consider lowering the minimum corporate tax rate to 15 percent if it would convince Republican lawmakers to sign on to a version of his infrastructure funding plan. In Biden’s proposal, he would support lowering the tax rate if Republicans agreed to funding at least $1 trillion in infrastructure spending. The corporate tax rate is now 21 percent, and Biden had previously suggested raising it to 28 percent to fund a roughly $2 trillion infrastructure bill. Corporate tax hikes were supposed to pay for the ambitious plan. Now, the administration is saying that it will focus on tax enforcement rather than tax hikes to close the funding gap.
House Democrats have their own plan to fund at least some infrastructure spending. On Friday, they introduced legislation that would provide $547 million in funding for traditional roads-and-bridges infrastructure projects, as well as funding for passenger rail and other transit systems. That bill will have a hearing next week.
The National Highway Traffic Safety Administration (NHTSA) found that traffic deaths in the U.S. increased by 7.2 percent in 2020, to 38,680. That’s even though the pandemic and its many side effects meant that Americans drove 13 percent fewer miles than in 2019—and even though new cars have more safety and crash-mitigation technology than ever before. NHTSA says the jump in fatalities is due to an increase in risky behaviors like impaired driving, speeding, and not wearing seatbelts. The data is still preliminary but currently points to the worst year for traffic deaths in the U.S. since 2007.