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Upcoming Mini 5-door hatch spied in the snow

We are about to get a flood of new Mini models now that the new 2014 model is officially out. In just the past few months, we've seen spy shots of the next-generation John Cooper Works and so-called Traveler crossover, and here we have the upcoming five-door hatchback in Cooper S form, a model that, like the Traveler, is expected to effectively obviate the need for the slow-selling Clubman.
Mini is not exactly hiding that this is a new five-door model, even with its camouflage - the rear door line and handle are clear as day. Also, compared to the three-door Cooper Hardtop, there appears to be an added pillar and additional length at the rear. The hatch also appears to be mounted at a steeper angle than the standard Mini. Also, you have to admit that the Mickey-Mouse-ear fog lights are cute, even if Mini would never actually sell it that way.
Expect to see even more variants soon, if BMW and Mini want to reach their goal of selling over a million front-wheel drive vehicles - an earlier report indicated there could be as many as 23 front-wheel drive cars from the brands in the coming years.

Mini Clubman Bond Street is as special as they come

Mini is committed to applying the brand's trademark special-edition formula to the company's long roof. The Clubman Bond Street bowed under the lights of the 2013 Geneva Motor Show, complete with its unique black-and-champagne color scheme. Like the Mayfair and Camden and Bayswater and Baker Street special editions that came before it, the Bond Street pays homage to a famous London street with mirror caps and a roof dipped in contrasting paint. The Cool Champagne color pops against the body's Midnight Black Metallic, and buyers can expect to find a set of 17-inch alloy wheels on hand as well.
Inside, the Clubman Bond Street gets Carbon Black leather seating with Deep Champagne accents. Each Bond Street comes equipped with the Chrome Line package. Under the hood, a 122-horsepower gasoline four-cylinder serves up thrust, though a 143-horsepower turbo-diesel mill can also be had for a little extra coin. Check out the full press release below for more information.

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.