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BMW, Sixt carsharing making money most places

The DriveNow carsharing service, which is a partnership between BMW and Sixt, is growing quite rapidly. "We've been surprised about the explosion of new subscriptions, which has helped boost revenue," says Sixt CEO Erich Sixt. The number of DriveNow users has increased from 215,000 at the end of last year to 300,000 today. Sixt says that DriveNow has been profitable in cities in which it has been established for over a year. Perhaps encouraged by its unexpected success, DriveNow is set to expand even further. The service is currently available in five German cities, as well as in San Francisco, California, and the involved parties are considering a five-year plan to expand to 25 more cities in Europe and the US. Still, Sixt expects DriveNow to report a "small-to-medium, single-digit" loss for this year, according to Sixt CFO Julian zu Putlitz. It's no big deal, just the result of startup costs in new areas. Sixt, which is Germany's largest car rental company, also reported that its own second-quarter income rose 12 percent to $37.7 million, while sales rose 7.6 percent to $585.78 million. DriveNow uses a membership and pay-per-minute model that allows customers to rent BMW and Mini vehicles as they need them. The service also acts as a way to let potential customers try out the vehicles and familiarize themselves with the brands before they buy cars of their own at some point. Depending on the location, DriveNow's fleet includes the BMW 1 Series, ActiveE and X1, as well as several Mini vehicles like the Cooper, Clubman and Countryman. Featured Gallery 2012 BMW ActiveE: First Drive View 31 Photos News Source: BloombergImage Credit: Copyright 2014 AOL Green BMW MINI car sharing profit revenue drivenow sixt

Mini recalls nearly 100,000 cars for potential electrical fire risk

Mini is recalling more than 97,000 cars to address a potential fire risk. The recall covers the 2008-2014 Mini Clubman (including Cooper, Cooper S and John Cooper Works models) and the 2007-2013 Mini Hardtop 2 Door (again encompassing Cooper, Cooper S, John Cooper Works variants). In both models, a control module beneath the driver-side A-pillar is susceptible to water intrusion under certain circumstances. If the electronics inside are exposed to water, a short circuit may occur, which Mini says could lead to a "thermal event" — engineer speak for "fire." While Mini says there are multiple circumstances under which the module can become compromised, the recall is currently limited to models sold in climates where the use of road salt is prevalent. In this environment, road salt entering the cabin via normal means (read: your boots) can accelerate corrosion if water is getting into the cabin. How might that happen? Mini says a common culprit is its own sunroof drain. Here's the full explanation, lifted directly from Mini's defect report: This safety recall involves the Footwell Control Module (FRM), an Electronic Control Unit (ECU) which controls various lighting and power window functions, and is installed near the bottom of the driverÂ’s side A-pillar behind an interior trim panel. Due to several contributing factors (environmental, certain US StatesÂ’ wintertime road treatment, vehicle design configuration and age), over time, the FRM could become susceptible to corrosion. For vehicles equipped with a sunroof, after a multi-year period involving large temperature changes, multiple freeze/thaw cycles can cause the vehicleÂ’s sunroof drain hose to become damaged, loosen and eventually detach from the drain pipe within the A-pillar, which could allow water to enter the vehicle interior. In certain US states, large amounts of road salt may be utilized during their wintertime road treatment activities. If water were to enter the interior, then in combination with road salt that may be present in the footwell, this could create an electrolyte solution. If this solution were to contact the FRM then, over time, this could lead to corrosion, possibly resulting in a short circuit. In rare cases, this could lead to a thermal event.

Mini Vision concept presages next-gen Cooper Hardtop

Mini is preparing to launch the third-generation of its trademark three-door hatch, and while we've already shown you that car mostly devoid of camouflage in spy shots, the BMW-owned brand has still seen fit to release a concept that previews the new design. Called the Mini Vision, it looks broadly similar to the cars we showed you at the beginning of the month, aside from a few concepty styling pieces.
The Vision is a well-balanced blend of the stylish hatch that rebooted the Mini brand in 2002 and the more bloated model that arrived in 2007. It's more rounded than the 2002, but seems decidedly more muscular than the 2007, and features modern accents like full LED headlights inspired by the sadly not-for-production Rocketman concept. Mini's traditional floating roof soldiers on, while the concept wears side grilles that seem borrowed from the Countryman and Paceman. Based on what we've seen in the spy shots, however, that treatment isn't going to make production, at least not on the models we've seen.
It's safe to say that the interior on this concept bears only a slight resemblance to what we'll see on the production car. The integrated Union Jack straps in the door panels are a cool touch, but the Vision's cabin looks like something out of a flying saucer. We'd expect only inspirational traces to arrive on the production model.