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BMW profit of $2.7B is down as automaker invests to keep luxury lead

Despite selling 6.6-percent more vehicles - a record by volume - and posting higher revenues in the second quarter of 2013, BMW Group's profit of 2.07 million euros ($2.75 billion) is down 8.8 percent from last year. Investments in new technology (e.g. the new i3) and personnel, in addition to a competitive market, are to blame, BMW states. But the automaker remains committed to its fiscal targets for 2013, which, Chairman of the Board of Management of BMW AG, Norbert Reithofer, says will be "on a similar scale to 2012."
The BMW brand's sales performance in the first half of the year, which increased by 7.7 percent to 804,258 vehicles delivered, was good enough for it to maintain its lead in the luxury market, narrowly beating Audi, which delivered 780,510 vehicles, Automotive News reports. Mercedes-Benz delivered 694,433 vehicles to cement third place.

J.D. Power: Mini, Lexus again offer most satisfying sales experience

JD Power has released its annual Sales Satisfaction Index Study, and once again Mini and Lexus have taken top honors. Overall, buyers are more satisfied with the auto-buying sales experience than they were last year, with those surveyed reporting an average score of 664 points on a 1,000-point scale. That's up from 648 in 2011. Dealer satisfaction also increased by five points over last year as well.
All told, Lexus brought home an index score of 737, which was high enough to put it atop the luxury brands for the second year in a row. JD Power says Infiniti came in second in that category with a score of 728 and Cadillac rounded out the podium with it's rating of 725. Speaking of Infiniti, that brand saw the single largest jump in sales satisfaction of any brand on the survey, popping up 52 index points over 2011.
Among mass-market brands, Mini ranked highest with a score of 712, followed closely by Buick with 706 and GMC farther down the line with 683. You can check out the full press release below for more information.

Mini Superleggera Vision is the all-electric roadster Mini needs to make

It could be argued that Mini has not built a pretty car since the R53, the first of the reborn Minis, was put out to pasture at the end of 2006. I've owned two R53s, so yes, I'm horribly biased. The styling situation in Oxford hasn't improved much for 2014, either, as the bigger, more frightened-looking Mini begins to arrive in dealerships, boasting a very un-Mini-like front overhang. This, though, this works.
It's called the Superleggera Vision, and straight away, we should point out that it's not designed by Mini. It's a product of Touring Superleggera, whose other creations include the stunning Disco Volante. It's a darn nice piece of design, and we're especially fond of its tiny, Jaguar D-type-like rear fin. It's also perfectly designed for it's debut location - the Concours d'Elegance at Italy's Villa d'Este.
Despite being a Mini, the Superleggera still boasts a traditional roadster layout, with a long hood and a shorter rear deck. The front end boasts a pair of traditionally styled Mini headlamps, which sit above a version of the new Cooper's gaping grille. The profile is brightened by a pair of character lines, the most noticeable of which runs from ahead and over the front wheel wells toward the back of the diminutive droptop. Of course, we can't not mention that amazing fin. It should be fitted to every Mini Roadster posthaste. The rear of the car, meanwhile, almost reminds us of an old Aston Martin Vanquish, thanks to the shape of its taillights and their rounded rectangular enclosure. And yes, those are union jacks inside the taillights. God save the queen.