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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.

Chinese ministry uploads Mini Aceman pictures and info

Next up for photo day at the China's Ministry of Industry and Information Technology, the Mini Aceman. The Aceman can be seen as a replacement for the Mini Clubman, the four-door version of the two-door Cooper (or five-door depending on your nationality) sized below the Countryman that Mini killed after its third generation. The Chinese data declares the Aceman either 160.5 or 161.2 inches long depending on base or S trim, 69.1 inches wide and 59.6 inches high on a 102.6-inch wheelbase. The Clubman of yore was 168.5 inches long, 70.9 inches wide, and 56.7 inches high on a 105.1-inch wheelbase. Before a debut that we've been told isn't far off, we'll guess much of the difference between the two length has been cut from the hood and cargo areas, not the passenger compartment.  In China, the four-door will only be offered with electric powertrains, sidestepping Mini's "Power of Choice" mantra applied to other models with their hybrid and diesel options. The Aceman for other international markets will be produced in the UK; it's not clear yet if they'll be restricted to EV power as well. This means a base version (the darker car in the gallery above) powered by a 40.7-kilowatt-hour battery turning a motor on the front axle making 181 horsepower and 213 pound-feet of torque, or a 54.2-kWh pack turning a motor with 214 hp and 243 lb-ft in Aceman S guise. These are the same outputs we'll get in the U.S.-spec Cooper E and Cooper SE. Put through China's CLTC fuel economy test, the base Aceman is estimated to go 300 kilometers (186 miles) on a charge, the more powerful Aceman S about 400 km (249 miles). As for the looks, they're the chunkiest we've seen on the new, modern range of Minis. The photo cars also suggest the merest hint of clunky, too, but we're going to put that down to the drab paint schemes and lighting. The form should perk up dressed in Mini standards like Blazing Blue, Legend Grey, Melting Silver III, Nanuq White and Smokey Green under a color-contrasted roof and the numerous chances to brighten up various bits inside and outside the car. Different to other Mini models, headlights and size aren't the only tells, the Aceman fitting some unmissable, squared-off wheel arch cladding. Beyond that, the polygonal DRL shape surrounding round projectors gives the Aceman more anthropomorphic character than its siblings. The S is distinguished by yellow trim and a yellow "S" placed around the body, plus LED headlights and a silver skid plate up front.

Next-generation Mini Clubman could morph into a crossover

Mini knows selling station wagons in a market dominated by crossovers and SUVs is easier said than done. Since it can't beat them, it's considering joining them by making the next-generation Clubman more crossover-like than the current model, which proudly embodies its station wagon heritage. Oliver Heilmer, the BMW-owned firm's chief designer, broke the news to British magazine Autocar. The publication pointed out the current-generation Clubman (pictured) is about as long and as wide as the Countryman, and the two models occupy the same price bracket, but it's outsold by its taller sibling. Making it an SUV would certainly give sales a significant boost, but where would this strategy leave the Countryman? Launching a smaller soft-roader is off the table, so one nameplate would grow in size. The Clubman might take the Countryman's spot in the range, allowing it to move up. Nothing is set in stone yet, though putting the Clubman on stilts would better align it with the tastes of motorists in America, one of the brand's key markets. While Mini's sole wagon looks ready for a growth spurt, Heilmer stressed the retro-styled Hardtop — one of the brand's pillars — will remain true to its tiny roots when it enters its fourth generation in the coming years. Keeping the hatchback relatively small while carving out an acceptable amount of interior space and making it compliant with safety regulations around the globe is a huge challenge for Mini's vehicle development team. And, contrary to some industry rumors, going electric doesn't instantly solve the problem. "It's not necessarily the internal combustion engine that needs the space. Even with an EV, which has a smaller motor, you still need a crash box. Crash performance is the bigger issue," the designer explained. He's hopeful his team will solve this problem in 2020, but he warned keeping costs in check is another priority. Clearly, designing a city-friendly car is more difficult than it used to be. New technology might come to the rescue. Energy-absorbing foam could notably take the brunt of an impact, and allow designers to reduce the Hardtop's overhang. Other models would likely receive it, too, but Heilmer's team is primarily concerned about keeping the Hardtop's footprint in check. The rest of the range can — and, probably, will — continue to grow in the coming years. All told, the Hardtop will remain the foundation the rest of Mini's range is built on.