Countryman S, 19 Wheels, Pano Roof, Loaded on 2040-cars

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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.

Mini discounts 2019 Oxford Edition for U.S. military members, recent retirees

Mini introduced the 2019 Mini Oxford Edition last fall to offer college students or recent grads a cheap, well-equipped new car. Now it's extending the same offer to active duty military members and recent retirees. Specifically, you'll have to be an active duty member of the U.S. Armed Forces, or have retired/been honorably discharged within a 12-month period of verification of eligibility. This has no effect on the student offer for full- or part-time students of any two- or four-year accredited college/university. That deal also applies to those who have graduated in the last 12 months, along with students currently enrolled in any kind of post-grad program. The Mini Oxford Edition continues to be the same car equipped with the same options as before. This means the two-door starts at $20,600, including the $850 destination charge, and the four-door is priced at $21,600. Standard equipment not included in the base "Classic" trim includes a 6.5-inch infotainment system, parking sensors, panoramic moonroof, heated seats, upgraded 17-inch wheels and an automatic transmission (a manual can also be optioned). Additionally, there are more exterior colors to choose from than on the Classic. In total, Mini says you're getting $6,900 worth of optional equipment for no extra cost here. Mini says the Oxford Edition is available in dealers now. It's great to see Mini make this program available for more people, because it's a superb discount to take advantage of if you're part of these groups and had Mini on your shopping list.

Mini Aceman debuts at Beijing Auto Show as a little, all-electric crossover

This here is the totally new Mini Aceman, and it’s an all-electric, Mini crossover. Splitting the size difference between the properly mini Mini Cooper and large Mini Countryman, it fills the space previously occupied by the now-discontinued Clubman, but does so without a gasoline-powered option (or cute barn doors in the rear). Before we get ahead of ourselves, though, MiniÂ’s made clear that the Aceman is not yet confirmed for U.S. sales, and the global debut itself just took place at the Beijing Auto Show. So, as of now, this little EV is definitely destined for international markets, but weÂ’ll need to wait and see if Mini sees fit to bring it here.  Two versions will hit the market initially, the Aceman E and the Aceman SE. The base E is fitted with a single electric motor good for 184 horsepower and 214 pound-feet of torque, enough for a 0-62 mph time of 7.9 seconds. It also gets a 42.5-kilowatt-hour battery pack that Mini says gives it a 192-mile range on the optimistic WLTP test cycle – fast charging peaks at 75 kW in this model. Meanwhile, the Aceman SE gets a more potent electric motor good for 218 horsepower and 243 pound-feet of torque, reducing its 0-62 mph time to 7.1 seconds. The SE also gets a larger 54.2 kWh battery pack, increasing range to 252 miles on the WLTP cycle – it charges better than the E, too, peaking at 95 kW. Do note that both versions would cover much less ground on the EPA test, which is a more realistic barometer for real-world driving than the WLTP test. Coming in about 14 inches shorter and three inches narrower than the big Countryman, the Aceman is bound to be a more fun-to-drive and cheaper EV. We donÂ’t know much about its underpinnings now, but Mini says its suspension, steering, powertrain and braking systems are all tuned with fun driving in mind. Its outward appearance isnÂ’t a replica of, but closely follows the design direction proposed by the Aceman Concept back in 2022. Many elements weÂ’ve seen in the new Cooper and Countryman apply here, too, such as the customizable light patterns, flat surfacing and general minimalism to the styling. Wheel options between 17-19 inches will be available, and four different trims with varying styles will be, too. One of those four will be a JCW trim, but itÂ’s not meant to be a performance model, instead sticking to sporty appearance add-ons like a Chili Red roof and hood stripes alongside high-gloss black accents all around the exterior.