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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.

2025 Mini Cooper interior reveals minimalist retro design, massive circular screen

Mini just dropped a teaser for its 2025 Cooper, and it’s all about the new interior. And while Mini might be calling this a teaser, itÂ’s essentially a full, visual reveal of the new CooperÂ’s insides. The changes and updates are everywhere, as this new Mini shares practically nothing with the outgoing model. Its new centerpiece is a massive, circular display that appears to be showing off new infotainment system software. All of your vital information is housed within this huge screen. We can see the gear selection, electric range, power meter, navigation hub and media player all in the middle and top half of the screen. On the bottom corners are temperature control dials, and in the bottom middle is a row of shortcut icons that will presumably pull up larger menus of those items. The traditional instrument cluster is gone, but Mini has integrated a pop-up glass HUD display in its place, so youÂ’ll thankfully still have a lot of the important items right in front of your face. Just below the center screen is what Mini calls the “toggle bar.” It houses switches and knobs for things like selecting a gear, turning the car on and off and the various drive modes. Quick toggles for the defrosters and the hazards sit here, too. Interestingly, the steering wheel has more buttons than the center console, and the steering wheel itself is a new design. YouÂ’ll notice the strap-like third bottom “spoke” of the wheel and the ultra-chunky top part of the wheel — Mini says itÂ’s smaller in diameter than the current wheel, too. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Minimalism dominates the rest of the interior. The dashboard is simple with a basic upswept look, but itÂ’s augmented with fancy lights and animations that play through the fabric. Mini designed a horizontal air vent that integrates beautifully with the new dash, too. As for the doors, the materials look upscale and the armrest looks comfortable. We canÂ’t see the whole center console, but a pair of USB Type-C charge ports are positioned up front with a wireless phone charger right there, too. A pair of cupholders sit aft of this, and thereÂ’s no BMW iDrive knob to be seen.  As you can see from the video (above) where the original Mini interior morphs into the new one, the designersÂ’ inspiration for the 2025 model is fairly clear. Pare back, and bring the retro vibes in a digital way.

The 2020 Mini John Cooper Works GP is overwrought and automatic

As we’ve said many, many times before: Nurburgring times are not the measuring stick automakers hold them out to be. They donÂ’t happen under controlled circumstances with independent observers and bone-stock cars, generally. So that makes the new 2020 Mini John Cooper Works GPÂ’s exact time – which BMW officially fudges as “under 8 minutes” and which spy shots peg at 7:56.69 – fairly meaningless. WhatÂ’s not meaningless are the optics. Regardless of whether others cheat, that time isnÂ’t particularly impressive, behind the likes of the Renault Megane R.S. Trophy-R, the Honda Civic Type R, and the Volkswagen GTI Clubsport. LetÂ’s say, hypothetically, that all of those faster ‘Ring runners were Â… ringers. Maybe the Mini isnÂ’t. But strip away this stopwatch discussion and what remains is perhaps even more controversial. The John Cooper Works GP is a busy little thing, be-winged and spackled with GP decals and red accents and unusual overfenders. And itÂ’s an automatic – no manual here. Certainly all this will excite some, but itÂ’s bound to create some controversy for its sheer audaciousness. LetÂ’s start with the styling. Deep, bright red accents abound, looking almost like enamel. The trim is otherwise darkened, even the badging. That large split wing above the rear hatch has a distinct sci-fi vibe, like it was ripped off the concept art for a 2042 fusion-powered race car. Whether it meshes with the loosely-defined retro vibe of the underlying Mini Cooper is up to you. The most striking exterior element is the overfender treatment. TheyÂ’re a combination of a plastic understructure and a chopped carbon fiber material cap with a hexagonal seam motif. In pictures, it looks a bit like fiberboard – probably not the look Mini was going for. The panels stand proud of the fenders, too, especially at the top seam. If weÂ’re being generous, they look quite bold. But it seems that this element will live or die on how it appears in the flesh, so weÂ’ll wait until then to analyze it more. The styling is going to create some polarization, and so too will the mechanical spec and performance numbers. The turbo inline-four makes 301 horsepower – respectable, sure, but not outlandish. The 0-60 time is off the pace compared to the superlative Civic Type R, which clocks a 4.7-second run according to Car and Driver (Honda is mum on 0-60 times, by the way). The GP? 5.0 seconds. Good, but not the best – just like its claimed ‘Ring time.