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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.

Mini shows how to camp in style

If you're the type of person who loves spontaneous road trips and camping, and Volkswagen's Camper Vans aren't your style (or you can't find one for sale in the US), then Mini has what you're looking for: the Clubvan Camper, Cowley caravan or Countryman ALL4 Camp. Unfortunately, Mini says there are no plans to offer any of them for sale. And no, this doesn't seem to be a recycled April fools joke, in which Mini touted the Swindon Roof Top Tent and Cowley.
Let's start with the Clubvan camper, a curious prototype that has a sleeping area for one and an extendable kitchenette featuring a stove and chest fridge. And we say curious because, in addition to not being offered for sale anywhere at this point, the Camper is based on the Clubvan, which was just pulled from US dealerships due to low sales volume. This thing definitely isn't coming to the US.
The Cowley caravan, named after Mini's historic factory in England (known today as Plant Oxford), can be towed behind a Mini vehicle and features a sleeping area for two, a twin-burner gas stove and a water tank complete with pump and sink facility. It looks quite comfortable in there. The Cowley uses a solar panel to charge its onboard battery, and it has a 230-volt connection to power the fridge and entertainment equipment.

Automotive April Fools' joke roundup [w/videos]

Happy April, everyone. And we all know what this first day of the month means: April Fools' Day. Today is a national holiday for pranksters with the Internet acting as a serious enabler, and it's always fun to see what kind of vivid imaginations exist out there in the automotive world. The abundance of fake news gets a little old as the day rolls on, but we did manage to get in a few chuckles thanks to a handful of major automakers and automotive news outlets that got into the pranking spirit this year
Some of our favorites this year includes Subaru showing what happens when you combine a bunch of rumors, a Corvette some may have already thought was a joke or Honda providing some in-car innovation circa the late 1980s. Honestly, we're still waiting for official confirmation from Mitsubishi that the recently introduced 2014 Mirage is an elaborate April Fools' joke using a failed design intended for the 1995 Geo Metro. We dug up as much "official" OEM foolishness we could find, as well as some of our other favorites, and posted them all below.