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BMW, Sixt carsharing making money most places

Wed, Aug 20 2014

The DriveNow carsharing service, which is a partnership between BMW and Sixt, is growing quite rapidly. "We've been surprised about the explosion of new subscriptions, which has helped boost revenue," says Sixt CEO Erich Sixt. The number of DriveNow users has increased from 215,000 at the end of last year to 300,000 today. Sixt says that DriveNow has been profitable in cities in which it has been established for over a year. Perhaps encouraged by its unexpected success, DriveNow is set to expand even further. The service is currently available in five German cities, as well as in San Francisco, California, and the involved parties are considering a five-year plan to expand to 25 more cities in Europe and the US. Still, Sixt expects DriveNow to report a "small-to-medium, single-digit" loss for this year, according to Sixt CFO Julian zu Putlitz. It's no big deal, just the result of startup costs in new areas. Sixt, which is Germany's largest car rental company, also reported that its own second-quarter income rose 12 percent to $37.7 million, while sales rose 7.6 percent to $585.78 million. DriveNow uses a membership and pay-per-minute model that allows customers to rent BMW and Mini vehicles as they need them. The service also acts as a way to let potential customers try out the vehicles and familiarize themselves with the brands before they buy cars of their own at some point. Depending on the location, DriveNow's fleet includes the BMW 1 Series, ActiveE and X1, as well as several Mini vehicles like the Cooper, Clubman and Countryman. Featured Gallery 2012 BMW ActiveE: First Drive View 31 Photos News Source: BloombergImage Credit: Copyright 2014 AOL Green BMW MINI car sharing profit revenue drivenow sixt

The Mini Rocketman could be reborn as an EV

Wed, May 4 2016

Ask Mini fans what their favorite concept has been over the past 15 years, and you're likely to get one of two answers – the tiny Rocketman hatch, or the Superleggera roadster. The two cars are perhaps the best representations of the Mini brand's values, offering a tiny, efficient package in one vehicle and a stylish performer in the other. And they might finally see production. Okay, so that's an awfully big "might," and it's based on hints offered by Mini product boss Ralph Mahler to Autocar about expanding the company's range. The bad news? The Superleggera is facing long odds, Mahler said, because "roadster segment is small and demand is going down, with new markets opening up. The growth is not there, so it's always a challenge". "It fits perfectly into the brand, but we're a small [sales volume] car brand and have to be focused and know what we want to have," Mahler said, keeping hopes alive. "The Superleggera is playing a role but no decisions." Things are looking much rosier for the Rocketman, which could see a future as sort of a Mini-branded BMW i3. Originally introduced as a more elemental, affordable Mini, Mahler said it's "inspiring us as of today, especially as an EV in the future." Using the lessons learned by its parent company with the i3, Mini could adopt that car's creative packaging to make a roomy three-door with a remarkably small footprint. But even with that knowledge, building a Rocketman EV could be a tall order. "It was something that was ahead of its time but is still inspiring," Mahler told Autocar. "With a smaller car, it's a bigger challenge. With Rocketman, and talking EV in the future, as the EV engine gets more portable, it's give and take [for such a small EV]. Related Video:

Mini Countryman spied looking less and less Mini

Mon, Sep 12 2016

As the entire Mini lineup continues to grow in size, our latest spy shots for the upcoming Mini Countryman testing in Germany reveals the automaker's biggest car will stick to the trend of increasing semantic contradiction. This latest prototype drops some of its camouflage over the previously spied model that was spotted testing in the winter. Unlike the last test mule we saw, the disguised vehicle ditches the hexagonal grille for one that mimics the current model's design with a more traditional layout. The prototype also loses the sporty, multi-spoke wheels for a more boring, plastic-like set. The side and back end of the vehicle are heavily camouflaged, hiding the rear design of the prototype. But Mini's iconic taillights are still evident with the most current prototype only having one exhaust outlet, while the previously spotted model sported two. As expected, the next-gen Countryman should grow longer and wider. The increase in size will coincide with a switch to BMW's UKL2 platform. We also expect the Countryman to share the same three- and four-cylinder turbocharged engine options as vehicles on the same platform, namely the Mini Clubman and BMW X1. This prototype, with its low-end wheels and single exhaust outlet has us thinking that Mini is testing out one of its more fuel-efficient models. After the Countryman's debut, which is expected to happen at the Paris Motor Show in October, a performance-oriented John Cooper Works model and a plug-in hybrid variant should follow suit. Related Video: Featured Gallery 2017 Mini Countryman Spy Shots View 9 Photos Image Credit: CarPix Spy Photos MINI Crossover Hatchback SUV