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2015 Mini Cooper stuns crowd, itself [w/videos]

Remember the Mini Rocketman concept from 2011? While we were really, really hoping for a production version - a properly mini Mini - that never happened. And it won't. But what we are getting is a whole lot of that showcar's styling cues applied to the third-generation Mini Cooper hardtop, a model making its debut here at the LA Auto Show. And while from most angles, the new Mini is as cute as ever, we just can't quite warm up to that face - or that huge front overhang. The car simply looks like a frightened goldfish (that yellow paint isn't helping, either).
The car simply looks like a frightened goldfish (that yellow paint isn't helping, either).
It should probably be pretty nice to drive, though, with the base Cooper using a new turbocharged 1.5-liter three-cylinder engine good for 134 horsepower and 162 pound-feet of torque. Friskier Cooper S models get a healthy power increase, their 2.0-liter turbo engines putting out a full 189 hp and 207 lb-ft, with both engines are mated to either a six-speed manual or automatic transmission.

New Mini Cooper only just now being delivered due to EPA certification

The Mini brand and its products have typically been a runaway success for BMW, but sales of the retro hatchback dropped a drastic 20.5 percent last month, and have been doing such pretty much all year.
The reason, according to Jalopnik, is that the new model has been held up due to EPA certification. Mini told our compatriots, "Sales have dropped because our supply has been so limited. MY 2015 Mini Hardtops have also not been able to go on sale pending the final results of federal fuel economy certification."
Mini goes on to clarify that "as of October 1st, three out of the four 2015 Mini Hardtop 2 door models, the Cooper with manual transmission, the Cooper with automatic transmission, and the Cooper S with manual transmission, have been released for retail sales and deliveries."

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.