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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.

Mini fesses up to Countryman clutch issue, plans fix

Aside from the general lack of snow in the Midwest earlier this year that hampered our ability to properly play with our Blizzak-equipped Mini Contryman long-term test vehicle, the biggest problem we had with this crossover during the year we spent with it was the transmission. On four different monthly updates (September, October, November and June), all in the hands of different Autoblog editors, the Countryman's clutch was called out for being too finicky, leading to many stall outs. Apparently, we weren't alone in our assessment of the Countryman's clutch woes.
According to MotoringFile, Mini has updated the Countryman with a different clutch material and improved software. This much-needed change is being implemented starting this month, but Mini hasn't said what it is doing about existing 2011 and 2012 Countryman models that are afflicted with this problem.
Head over to MotoringFile to see the full official statement from Mini USA on this issue.

2015 Mini Cooper stuns crowd, itself [w/videos]

Remember the Mini Rocketman concept from 2011? While we were really, really hoping for a production version - a properly mini Mini - that never happened. And it won't. But what we are getting is a whole lot of that showcar's styling cues applied to the third-generation Mini Cooper hardtop, a model making its debut here at the LA Auto Show. And while from most angles, the new Mini is as cute as ever, we just can't quite warm up to that face - or that huge front overhang. The car simply looks like a frightened goldfish (that yellow paint isn't helping, either).
The car simply looks like a frightened goldfish (that yellow paint isn't helping, either).
It should probably be pretty nice to drive, though, with the base Cooper using a new turbocharged 1.5-liter three-cylinder engine good for 134 horsepower and 162 pound-feet of torque. Friskier Cooper S models get a healthy power increase, their 2.0-liter turbo engines putting out a full 189 hp and 207 lb-ft, with both engines are mated to either a six-speed manual or automatic transmission.