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Mini Countryman PHEV caught at electric watering hole

Our spy photographers have once again found the next generation Mini Countryman out testing in the wild. This time, they caught it replenishing its thirst for electrons. Although we knew some sort of hybrid Countryman was coming, this confirms its existence and plug-in capabilities beyond any reasonable doubt. Like the rest of the Mini lineup, this new Countryman will be noticeably larger than its predecessor. It also appears to feature a larger, more aggressive grille and lower intake vents. Other than that, the car appears to be quite evolutionary in design. Our spy photographers expect the plug-in hybrid Countryman to debut in 2019 powered by a combination of the 1.5-liter turbocharged three-cylinder and an electric motor. We have also predicted that the gasoline engine could power the front wheels while the electric motor (or motors) powers the rear wheels, which together could provide all-wheel-drive and 240 horsepower. Related video:

BMW warns profits will fall, plans $13.6 billion in cost-cutting

FRANKFURT, Germany — BMW said Wednesday that profits in 2019 will be "well below" last year's, and it will cut 12 billion euros ($13.6 billion) in costs by the end of 2022 to offset spending on new technology. The company said profits would be eroded by higher raw materials prices, the costs of compliance with tougher emissions requirements and unfavorable shifts in currency exchange rates. The Munich-based automaker also faces increased uncertainty due to international trade conflicts that could lead to higher tariffs. "Depending on how conditions develop, our guidance may be subject to additional risks; in particular, the risk of a no-deal Brexit and ongoing developments in international trade policy," said Chief Financial Officer Nicolas Peter. The company forecast a profit margin of 6 to 8 percent for its automotive business, short of the long-term strategic target of 8 to 10 percent, which it said still "remains the ambition" for the company if given "a stable business environment." BMW said it had no plans for layoffs even as it outlined cost saving measures that include dropping half of its engine variants as it seeks to reduce product complexity. The BMW, Mini and Rolls-Royce brands are to get a single sales division. Peter said that given the headwinds to earnings, "we began to introduce countermeasures at an early stage and have taken a number of far-reaching decisions." The company said the measures were needed "to offset the ongoing high level of upfront expenditure required to embrace the mobility of the future." Automakers around the world have faced heavy up-front costs for technology expected to change how people get from one place to another in the next decade. Those include electric cars and renting cars through smartphone apps. Yet the returns from such investments remain uncertain and auto companies face competition from tech firms such as Uber and Waymo. BMW made 7.2 billion euros ($8.2 billion) in net profit last year, down 17 percent from 2017, when it booked a gain of $1 billion from U.S. tax changes. The company faced headwinds from increased tariffs on vehicles exported to China from the United States. It also suffered from turmoil on the German auto market when companies faced bottlenecks getting cars certified for new emissions rules. BMW faces uncertainty from U.S.-China trade tensions that could result in new tariffs if talks do not result in an agreement. U.S.

Mini John Cooper Works previewed in camo keeping gas performance alive

Curious about the next Mini Cooper JCW? Well, here’s a great sneak peek, as Mini just dropped a cache of photos showing it in race guise and wearing a thin layer of camouflage. WeÂ’ve already seen the electric John Cooper Works version of the two-door hardtop Mini, but this is the gas-powered variant. Many of the design elements weÂ’re seeing here like the grille, front lower side vents, rear bumper and more should make their way to the production car, which Mini says will be revealed this fall. The grille might be new, but it looks a whole lot like the front end we saw on the outgoing Mini Cooper JCW. That said, it adopts the new shape and minimalist vibes from the 2025 Mini weÂ’ve seen in the less-sporty variants. The rear end with its taillights are what we expect from the production car, though the rear diffuser shouldnÂ’t be anywhere near that aggressive. The specific car youÂ’re looking at here is covered in red and white camo as an homage to the red and white color schemes used in the 1960s for Minis in motorsports. It also has a “37” logo to commemorate the Mini Cooper SÂ’ victory (a car wearing 37) at the 1964 Rallye Monte Carlo. We still donÂ’t know specs, but since Mini is done with manual transmissions, expect this JCW to feature an automatic paired with an updated version of the 2.0-liter turbocharged four-cylinder engine found in the outgoing model. It should also feature a sportier version of the interior weÂ’ve already seen in the new Cooper. All the details will be made available before the year is out, but for now, enjoy these photos as a preview of whatÂ’s to come.