2008 Mini Cooper S on 2040-cars

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BMW Vision Neue Klasse, next-gen Mini due out at Munich auto show

Munich replaced Frankfurt on the global auto show circuit in 2021, and the shift works in the BMW Group's favor — one of Europe's biggest automotive events now takes place in its backyard. The company has detailed the new BMW and Mini models it will bring to the 2023 show. One of the most important unveilings for BMW — and likely one of the most noteworthy cars we'll see displayed at the Munich show — is the Vision Neue Klasse. More than merely a concept car, the design study will serve as an accurate preview of how BMW's entire range will evolve in the coming years. We haven't seen it yet, but we're told it's packed with electrification- and digitalization-related innovations. While the brand notes that the Vision Neue Klasse will be on the road "before long," it's reasonable to assume that the plug-in hybrid variants of the eighth-generation 5 Series that will also debut in Munich are closer to reaching production. Two models called 530e xDrive and 550e xDrive are due out in spring 2024, though it's too early to tell whether we'll see them on our shores. The former uses a hybrid system built around a four-cylinder engine, while the latter benefits from a straight-six. In both systems, the electric motor is integrated into an eight-speed automatic transmission. The 530e and the 550e put 299 and 489 horsepower, respectively, under the driver's right foot. BMW notes that integrating the 19.4-kilowatt-hour lithium-ion battery pack into the 5's underbody lowers the center of gravity while keeping trunk space intact. The 530e can drive for up to 63 miles on electric power, a figure that drops to 56 miles for buyers who select the 550e, though both numbers were achieved on the optimistic WLTP testing cycle used in Europe. Both cars come with a 7.4-kilowatt charger. Mini will unveil two new models at the Munich show: the next-generation Cooper (which replaces the Hardtop, or the Hatch if you're reading this from the United Kingdom) and the next-generation Countryman. Both models will be available with gasoline or electric power. We've seen the Hardtop's new-look interior in official images, it notably loses the outgoing model's instrument cluster and gains a round OLED screen in the middle of the dashboard, and we've seen the little hatchback undisguised in spy shots. Spy shots have also revealed the next-generation Countryman, which wears a boxier-looking exterior design and seemingly grows in size, before the official unveiling in Munich.

BMW looking to save billions with cost cuts

BMW is planning a fairly extensive overhaul in a bid to recoup some its annual costs, with CEO Norbert Reithofer (pictured above) aiming to save three to four billion euro ($4 to $5.4 billion) per year to help keep the company's profit margins between eight and 10 percent, while also maintaining investments in production expansion and new tech. BMW's profit margins sat at 9.4 percent in 2013.
According to Automotive News Europe, Reithofer is none too pleased about costs at Mini and on the 1 Series, although neither AN nor its source story, from Germany's Manager Magazin, elaborate on what steps could be taken to improve losses on either project. That makes it hard to figure out just where the fat will be trimmed from.
What may happen, though, is that BMW attempts to trim 100 million euros ($135 million) from its German labor costs each year; a solution hinted at a few weeks ago by Germany newspaper Muenchner Merkur. While a dramatic cost reduction, 100 million euros still doesn't begin to even approach the savings envisioned by Reithofer.

Mini launches electric conversion program for classic models

Mini unveiled an electric version of one of its classic models at the 2018 New York Auto Show. While the project was billed as a one-off at the time, the BMW-owned company announced it will begin making the conversion available to customers through a program called Recharged. Details about what's involved in the build are few and far between, beyond the obvious: The engine and transmission (which form one unit on these cars), the exhaust system, and the fuel tank are removed to make space for an electric motor, a battery pack, and the required electronics. The drivetrain is rated at 120 horsepower, which is nearly twice the 63-horse output of the final Mini models built in 2000, but the battery seemingly adds a tremendous amount of weight because performance isn't as impressive as you might think. Mini pegs the 0-to-60-mph time at 9 seconds (around 5 seconds less than a 2000 car), and it quotes 100 miles of range — 14 less than the Cooper SE. Several subtle visual details set the Recharged apart from a regular Mini. Look closely and you'll spot the Cooper SE's logo on the hood, on the trunk lid, and on the center caps. Some of the cars pictured in Mini's gallery also feature this logo on the quarter panels. Inside, there's a new-look analog instrument cluster, which — to Mini's credit — keeps a relatively period-correct design. It includes a speedometer, a temperature gauge, a range gauge, and a gauge that tells drivers which gear they're in. Speaking of, there's no longer a need for owners to argue about the merits of "magic wand," remote-shift, and rod-change gearboxes: The Recharged is exclusively offered with an automatic. Luckily, Mini isn't completely discarding its heritage. It stresses that all of the changes made during the EV conversion are reversible, and that the drivetrain that's removed from the car is labeled and stored in case the owner chooses to make the car original again. Pricing for the conversion hasn't been announced yet. Related video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.