1970 Mini Cooper 4800 Orig. Miles on 2040-cars

Auto blog

Mini expands All4 to non-turbo Countryman, Paceman models

Mini is giving buyers the chance to sink their teeth into all-wheel drive on more models than ever. The automaker has announced the Coper Countryman and Paceman can now be had with the company's All4 all-wheel drive system. Previously, the option was only available on turbocharged Cooper S and John Cooper Works versions of the high-riding Minis. Buyers will be able to chose between the standard six-speed manual transmission and an optional six-speed automatic gearbox, and Mini says the naturally aspirated Cooper Countryman All4 can pull to 60 miles per hour in a languid 11.9 seconds when powered by a 122-horsepoer 1.6-liter four-cylinder engine.
We suppose what it lacks in speed it makes up for in determination. Likewise, the Cooper Paceman All4 does the deed in 11.8 seconds, though automatic models are somewhat quicker. Check out the full press release below for more information. Mini hasn't announced pricing for its new, less-powerful All4 models just yet.

Mini Clubman Bond Street is as special as they come

Mini is committed to applying the brand's trademark special-edition formula to the company's long roof. The Clubman Bond Street bowed under the lights of the 2013 Geneva Motor Show, complete with its unique black-and-champagne color scheme. Like the Mayfair and Camden and Bayswater and Baker Street special editions that came before it, the Bond Street pays homage to a famous London street with mirror caps and a roof dipped in contrasting paint. The Cool Champagne color pops against the body's Midnight Black Metallic, and buyers can expect to find a set of 17-inch alloy wheels on hand as well.
Inside, the Clubman Bond Street gets Carbon Black leather seating with Deep Champagne accents. Each Bond Street comes equipped with the Chrome Line package. Under the hood, a 122-horsepower gasoline four-cylinder serves up thrust, though a 143-horsepower turbo-diesel mill can also be had for a little extra coin. Check out the full press release below for more information.

BMW looking to save billions with cost cuts

BMW is planning a fairly extensive overhaul in a bid to recoup some its annual costs, with CEO Norbert Reithofer (pictured above) aiming to save three to four billion euro ($4 to $5.4 billion) per year to help keep the company's profit margins between eight and 10 percent, while also maintaining investments in production expansion and new tech. BMW's profit margins sat at 9.4 percent in 2013.
According to Automotive News Europe, Reithofer is none too pleased about costs at Mini and on the 1 Series, although neither AN nor its source story, from Germany's Manager Magazin, elaborate on what steps could be taken to improve losses on either project. That makes it hard to figure out just where the fat will be trimmed from.
What may happen, though, is that BMW attempts to trim 100 million euros ($135 million) from its German labor costs each year; a solution hinted at a few weeks ago by Germany newspaper Muenchner Merkur. While a dramatic cost reduction, 100 million euros still doesn't begin to even approach the savings envisioned by Reithofer.