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Mini prices new Cooper Hardtop from $19,950* as configurator comes online

As surprised as the face of the new 2014 Mini Cooper makes the model look, customers shopping for the third-gen hatchback won't be surprised at all come spring. When the Hardtop goes on sale, it will not only offer a similar design to the outgoing model, it will also have a familiar price with a starting MSRP of $19,950 (*plus $795 for destination).
That price is for the base, third-generation model with the company's new 134-horsepower, 1.5-liter three-cylinder turbocharged engine, and that MSRP amounts to a $250 increase over the 2013 Cooper. Looking for a little more power? The 189-hp Cooper S will go on sale at the same time, starting at $23,600 - just $300 more than last year's model.
Mini's press release discussing 2014 Cooper pricing is posted below, but for more detailed information on the options and packages, head on over to the live configurator.

Mini to offer a double-clutch transmission, but not in U.S.

Mini has padded next year's option sheet with a seven-speed dual-clutch transmission, so long as you're not buying in America. Available for the three-door, five-door, and convertible Mini models using "selected engine types," the DCT will provide a third transmission option after the standard six-speed manual and six-speed Steptronic automatic. Minis fitted the twin-clutch will be known by the meaty new gearshift lever that, BMW style, returns to its central position after the car's put into gear. A button at the top of the lever activates Park. Sensibly, you push the lever forward to downshift, and pull it back to upshift. When a buyer springs for navigation and the DCT, the transmission taps into map routing data and camera images to hone shift programming; the gearbox will downshift early when approaching a turn, or read a series of bends to know when to shift and when to hold steady. Fitted with a crawl function for ease of use in stop-and-go traffic, the DCT additionally supports stop/start, and coasting in Mid and Green driving modes for those times the driver takes his foot off the accelerator. For the time being, though, we're not invited to the party. Mini USA Communications Manager Mariella Kapsaskis told Motor1 that manufacturing the wet-clutch, dual-mass flywheel DCT "takes up lots of capacity." Which is the automaker equivalent of being told, "We're just not that into you right now." We expect that would change at some point; however, some of Mini's most sporting U.S. competitors also don't offer DCTs, so who knows. Related Video: Featured Gallery 2018 Mini Double-Clutch Transmission View 17 Photos Image Credit: Mini MINI Hatchback

The UK votes for Brexit and it will impact automakers

It's the first morning after the United Kingdom voted for what's become known as Brexit – that is, to leave the European Union and its tariff-free internal market. Now begins a two-year process in which the UK will have to negotiate with the rest of the EU trading bloc, which is its largest export market, about many things. One of them may be tariffs, and that could severely impact any automaker that builds cars in the UK. This doesn't just mean companies that you think of as British, like Mini and Jaguar. Both of those automakers are owned by foreign companies, incidentally. Mini and Rolls-Royce are owned by BMW, Jaguar and Land Rover by Tata Motors of India, and Bentley by the VW Group. Many other automakers produce cars in the UK for sale within that country and also export to the EU. Tariffs could damage the profits of each of these companies, and perhaps cause them to shift manufacturing out of the UK, significantly damaging the country's resurgent manufacturing industry. Autonews Europe dug up some interesting numbers on that last point. Nissan, the country's second-largest auto producer, builds 475k or so cars in the UK but the vast majority are sent abroad. Toyota built 190k cars last year in Britain, of which 75 percent went to the EU and just 10 percent were sold in the country. Investors are skittish at the news. The value of the pound sterling has plummeted by 8 percent as of this writing, at one point yesterday reaching levels not seen since 1985. Shares at Tata Motors, which counts Jaguar and Land Rover as bright jewels in its portfolio, were off by nearly 12 percent according to Autonews Europe. So what happens next? No one's terribly sure, although the feeling seems to be that the jilted EU will impost tariffs of up to 10 percent on UK exports. It's likely that the UK will reciprocate, and thus it'll be more expensive to buy a European-made car in the UK. Both situations will likely negatively affect the country, as both production of new cars and sales to UK consumers will both fall. Evercore Automotive Research figures the combined damage will be roughly $9b in lost profits to automakers, and an as-of-yet unquantified impact on auto production jobs. Perhaps the EU's leaders in Brussels will be in a better mood in two years, and the process won't devolve into a trade war. In the immediate wake of the Brexit vote, though, the mood is grim, the EU leadership is angry, and investors are spooked.