2014 BMW 2-Series (BMW Group)

BMW unveiled the all-new 2-Series coupe last week, showcasing the car that is set to replace the 1-Series. The automaker details the new model in a press release, saying that the 2-Series is longer, wider, has more overall interior space, more rear legroom and a slightly larger trunk than the outgoing 1-Series.

Two models of the 2-Series will be available: 228i, powered by a 240-horsepower, 2.0-liter turbocharged four-cylinder engine and M235i, which has a 3.0-liter turbocharged inline six-cylinder engine that produces 322 horsepower. The M235i will also feature performance-oriented features like an adaptive suspension, upgraded brakes, sport-tuned steering and high-performance tires. Both models are rear-wheel drive and are available with either a six-speed manual or eight-speed automatic transmission.

Official EPA fuel economy estimates are not out yet, but BMW says the 228i should achieve up to 23/35 mpg city/highway with the automatic transmission, and the M235i will net 22/32 mpg city/highway with the automatic.

2014 BMW 2-Series (BMW Group)

On the outside, Car and Driver says that the 2-Series’ styling is an evolution of the 1-Series’ styling, though "cleaner and more grown up."

The 2-Series offers a host of technology and driver-assistance features as well, including BMW's iDrive infotainment system standard and options like a backup camera and parallel parking assist, which finds a space large enough to park and then automatically carries out the steering inputs to direct the car into the selected space. Other options include lane departure warning and collision warning.

The 2-Series competes with cars such as the all-new 2014 Mercedes-Benz CLA-Class, as well as the Audi A3, which is being redesigned for 2015 and will debut as a sedan.

BMW says the 2-Series will officially debut at the North American International Auto Show in January and will go on sale in the first quarter of 2014. Pricing starts at $33,025 for the 228i and $44,025 for the M235i.

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