2004 Mini Cooper Base Hatchback 2-door 1.6l on 2040-cars

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Road & Track names its 2013 Performance Car of the Year

Road & Track recently staged its first annual Performance Car of the Year test, pitting 13 new and updated performance cars against each other on track, then graduating the top six to a road test before picking a winner. Additionally, the magazine staff picked the best automobiles of the year in eight categories.
But first, let's cover the PCotY segment. Here's the list of cars brought to the comparison test: Audi R8 V10 Plus; BMW 435i; BMW M6 Competition Package; Chevrolet Corvette Stingray Z51; Ferrari F12 Berlinetta; Ford Fiesta ST; Jaguar F-Type V8 S; Jaguar XFR-S; Mercedes-Benz E63 AMG S-Model Wagon; Mercedes-Benz SLS AMG Black Series; Mini John Cooper Works GP; Nissan GT-R Track Edition; and Porsche Cayman S.
To find out the results of the comparison, head over to Road & Track's website or check the press release below, where you'll also find the magazine's top-rated vehicles in eight categories. Want more? Head over to the 2013 PCotY hub. But before you do that, take a stab at guessing the winner of PCotY (we'll give you one hint: it isn't a Porsche).

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 John Cooper Works gets ready to rumble

Mini gave us our first taste of its next-generation John Cooper Works Hardtop in concept form at the 2014 Detroit Auto Show. And in fact, we already know that the production version will make its debut at the 2015 Detroit show in January. Fitting, then, that this most recent round of spy shots shows a JCW that's pretty much ready to roll - peel back that yellow swirly paper, and you've pretty much got the final deal.
It's easy to make out the final design for the revised front and rear fascias, and we can clearly see a more robust brake package nestled behind those alloy wheels. Speaking of, we must admit, the wheels here look rather pedestrian for a JCW model, but they could just be prototype rollers and not indicative of the final rolling stock. We expect the flashy red decals of the concept to be offered on the production model, as well, though they could be optional kit.
As reported earlier, power is expected to come from a 230-horsepower turbo-four - a modest increase over the 208 hp from the outgoing Mini JCW. Expect that to route through a six-speed manual transmission, sending turbocharged oomph to the front wheels.