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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.

2013 Mini Countryman gets updates

It's been two years since the debut of Mini's Countryman crossover. In that time, the general public has indeed warmed to the idea of a big Mini - we grew to rather like it during our long-term test - and for 2013, a few small, thoughtful updates are on tap for the brand's range-topper.
The big change for the Countryman concerns the power window toggles, though Mini would also like you to notice the new Carbon Black ring around the center speedometer and new interior colors. Mini window controls have long resided in the center console, lost among the number of other buttons. The new Countryman breaks with that trend by moving the buttons to the door armrest, where it is located on most other passenger vehicles. We first saw this on the production Paceman that debuted in Paris earlier this year. This location also allows for a multi-button panel on the driver's side door. Previously, opening and closing all windows meant hitting each button individually.
Also of note is the removal of the two standard bucket seats in the second row, instead being replaced with a bench seat. Those who appreciate the customizable center rail in four-seat models can still select rear bucket seats, however. The 2013 Countryman is scheduled to hit European dealers sometime in November with US sales to follow shortly thereafter.

Mini JCW GP to be hatchback only, no 'Ring record attempt in sight

The 2013 Mini John Cooper Works GP is dropping weight and lowering its lap times, but one thing it won't be losing is its flat roof. Like the original JCW GP package, Evo says that despite the fact that sportier Mini Coupes have been caught testing, the new GP will only be offered in the three-door Cooper hatchback body style. And that's perfectly fine with us.
Evo spoke with GP development chief Jorg Weidinger who said that as a part of the car's history, "It was a hatch, it is a hatch and it should stay a hatch." Weidinger also said that Mini is not planning to set any Nürburgring records with the new JCW GP even though earlier reports indicate that the car is a full 20 seconds faster around the 'Ring than its 2006 predecessor.
The new Mini John Cooper Works GP weighs 121 pounds less than the John Cooper Works Hardtop, offers a fully adjustable coil-over suspension and it will have a starting price of $39,950, (including $700 for destination) when it goes on sale later this year.