2013 Mini Cooper S Hatchback 2-door 1.6l on 2040-cars

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Mini expands All4 to non-turbo Countryman, Paceman models

Mini is giving buyers the chance to sink their teeth into all-wheel drive on more models than ever. The automaker has announced the Coper Countryman and Paceman can now be had with the company's All4 all-wheel drive system. Previously, the option was only available on turbocharged Cooper S and John Cooper Works versions of the high-riding Minis. Buyers will be able to chose between the standard six-speed manual transmission and an optional six-speed automatic gearbox, and Mini says the naturally aspirated Cooper Countryman All4 can pull to 60 miles per hour in a languid 11.9 seconds when powered by a 122-horsepoer 1.6-liter four-cylinder engine.
We suppose what it lacks in speed it makes up for in determination. Likewise, the Cooper Paceman All4 does the deed in 11.8 seconds, though automatic models are somewhat quicker. Check out the full press release below for more information. Mini hasn't announced pricing for its new, less-powerful All4 models just yet.

Mini Clubman Bond Street inspired by London shopping

Mini again plucks a London landmark as the appellation for a special edition, the Mini Clubman Bond Street joining the Mayfair and Camden, and Bayswater and Baker Street editions of the recent past. You'll recognize the formula of primary color and polished contrasting color, in this case its Midnight Black Metallic for the main event and Cool Champagne for the highlights like the roof, mirror caps and trim rings on the 17-inch alloy wheels. Inside it's Carbon Black leather set off by surfaces in Deep Champagne and the Chrome Line package.
It will premiere at the Geneva Motor Show in March before going into production for a limited run that same month. Four engines will be offered, with on-the-road prices ranging from 20,275 pounds ($31,961 US) in the UK for the 122-horsepower gas engine to 24,045 pounds ($37,918 US) for the 143-horsepower SD diesel version. A press release below will tell you all you wish to know.

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.