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2013 Mini John Cooper Works GP will start at $39,950*

Get your wallets ready, folks. The 2013 Mini John Cooper Works GP arrives this fall, and we've now learned that the cost of entry for the potent little hatchback is $39,950, (*) including $700 for destination.
Aside from an adorably tough appearance, that just-under-$40,000 price tag gets you a whole host of performance goodies, including a turbocharged four-cylinder engine good for 218 horsepower and as much as 207 pound-feet of torque. No, that isn't any more oomph than what you get in the standard JCW Hardtop, but there's a whole lot more to the GP kit. For starters, there's a fully adjustable coilover suspension, not to mention a reduction in overall weight - at 2,558 pounds, the GP is 121 pounds lighter than a normal John Cooper Works Hardtop.
A Mini spokesperson confirmed to Autoblog that the JCW GP can only be purchased one way, and will be offered as an option package on the standard John Cooper Works Hardtop. Its starting price represents a $5,150 increase over a standard JCW model, and is the most expensive model in the Mini range (the next being the $35,550 John Cooper Works Countryman).

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.

Mini considering sports car replacement for Coupe and Roadster?

The next-generation Mini lineup could see some big changes, according to a report from Australian site CarSales. Starting with the debut of the third-generation Mini Hardtop at this year's Los Angeles Auto Show, we could see a regular string of Minis on the stages of the world. But the bodystyles we see might not be what we've grown used to.
A four-door sedan could eventually arrive, while the polarizing Mini Coupe and Roadster are likely to be replaced by a dedicated sports car with unique sheetmetal and uprated engines. While the rest of the line is switching to three-cylinder, turbocharged engines, the new sports car, which will be available in both soft- and hardtop variants, will use some version of BMW's 2.0-liter, turbocharged four-cylinder. The Aussie site also claims that the interior treatment could take inspiration from the Mini Vision concept car, while showing off the know-how BMW gained when working carbon fiber into the i3. The new model(s) would likely arrive in late 2015 or early 2016.
According to CarSales, we'll see the three-door Hardtop at the 2013 LA Show, along with a five-door hatch that is different from the Clubman at the 2014 Paris show. The Clubman, meanwhile, will arrive in Geneva in 2015, while the Convertible is slated for later that same year. The current Countryman and Paceman are expected to be around for some time, before being joined by an MPV. Eventually, the larger Minis will share their architecture with the BMW X1.