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BMW, Sixt carsharing making money most places

The DriveNow carsharing service, which is a partnership between BMW and Sixt, is growing quite rapidly. "We've been surprised about the explosion of new subscriptions, which has helped boost revenue," says Sixt CEO Erich Sixt. The number of DriveNow users has increased from 215,000 at the end of last year to 300,000 today. Sixt says that DriveNow has been profitable in cities in which it has been established for over a year. Perhaps encouraged by its unexpected success, DriveNow is set to expand even further. The service is currently available in five German cities, as well as in San Francisco, California, and the involved parties are considering a five-year plan to expand to 25 more cities in Europe and the US. Still, Sixt expects DriveNow to report a "small-to-medium, single-digit" loss for this year, according to Sixt CFO Julian zu Putlitz. It's no big deal, just the result of startup costs in new areas. Sixt, which is Germany's largest car rental company, also reported that its own second-quarter income rose 12 percent to $37.7 million, while sales rose 7.6 percent to $585.78 million. DriveNow uses a membership and pay-per-minute model that allows customers to rent BMW and Mini vehicles as they need them. The service also acts as a way to let potential customers try out the vehicles and familiarize themselves with the brands before they buy cars of their own at some point. Depending on the location, DriveNow's fleet includes the BMW 1 Series, ActiveE and X1, as well as several Mini vehicles like the Cooper, Clubman and Countryman. Featured Gallery 2012 BMW ActiveE: First Drive View 31 Photos News Source: BloombergImage Credit: Copyright 2014 AOL Green BMW MINI car sharing profit revenue drivenow sixt

2023 Mini Countryman caught in the wild in new spy photos

The redesigned Mini Countryman has been spotted testing in the wild. Expected to debut for the 2023 model year, this redesign is expected to produce a more future-proof SUV that may not be quite so "mini" anymore.  Yep, it looks big, and our spies said that impression carries over to real life. The next Countryman will again ride on a derivative of BMW's FAAR architecture dubbed UKL1, also shared with Land Rover. This is the same platform that underpins BMW's front-wheel-drive based X1 and X2 crossovers, and it will give the Countryman room for more people, more cargo and, most important, more tech -- powertrain tech, to be specific. This electrification-friendly platform should mean more-advanced hybridization and likely an all-electric model for the next-gen Countryman, building on the existing car's plug-in hybrid offering, which already gets a reasonably decent 18 miles on all-electric power, care of a 9.6-kWh battery. That's already 50% more than what the PHEV model launched with, so temper your expectations, but further improvement certainly isn't out of the question.  This is a far cry from the manual-transmission, all-wheel-drive Cooper super-hatch that debuted a decade ago. Yep, the Countryman nameplate is more than 10 years old now. Can you believe that? We should learn more about the new Mini Countryman sometime in the next year, ahead of what is expected to be a late 2022 or early 2023 launch. That could change, of course, given the current state of the world.  Related video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. MINI Electric Pacesetter inside and out

Mini reveals refreshed Paceman in Beijing

It was just a few days ago that Mini unveiled its refreshed Countryman at the New York Auto Show, and now it has followed up with the revised version of that model's coupe counterpart, the Paceman. Revealed today at the Beijing Motor Show, the new Paceman adopts all the changes applied to the new Countryman - which is to say, not a whole lot, but maybe enough to keep it current for the masses of customers in the market for a three-door version of a vehicle that's bigger than its stablemates but smaller than most other crossovers.
Pictured here in Piano Black (one of three new shades on offer alongside Midnight Grey and the Jungle Green in which the new Countryman was featured), the mildly refreshed Paceman has, like its five-door counterpart, been so subtly updated that we can scarcely tell the difference... even after sorting through the press release below. There are some minor revisions to the exterior, the cabin features slightly updated equipment, and the Cooper S gets an extra few horsepower. And that's about all she wrote, folks.
Mini will offer the updated Paceman worldwide with a wide array of four-cylinder engine options. With no budget-oriented One model, the Cooper is the base model with a 122-horsepower version of the brand's ubiquitous 1.4-liter four and the John Cooper Works sits at the top of the range with 218 hp. The two diesel specs are present as well, and buyers cam choose (on most models) between front- and All4 all-wheel drive.