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BMW profit of $2.7B is down as automaker invests to keep luxury lead

Despite selling 6.6-percent more vehicles - a record by volume - and posting higher revenues in the second quarter of 2013, BMW Group's profit of 2.07 million euros ($2.75 billion) is down 8.8 percent from last year. Investments in new technology (e.g. the new i3) and personnel, in addition to a competitive market, are to blame, BMW states. But the automaker remains committed to its fiscal targets for 2013, which, Chairman of the Board of Management of BMW AG, Norbert Reithofer, says will be "on a similar scale to 2012."
The BMW brand's sales performance in the first half of the year, which increased by 7.7 percent to 804,258 vehicles delivered, was good enough for it to maintain its lead in the luxury market, narrowly beating Audi, which delivered 780,510 vehicles, Automotive News reports. Mercedes-Benz delivered 694,433 vehicles to cement third place.

Next-gen Mini interior ditching familiar center speedo

A Reddit user has posted images of the 2015 F56 Mini Cooper, one each of the exterior and interior. As has been the case since the launch of the new Mini in 2001, the overall exterior shape underneath camouflage screams Mini, but insiders are still calling the coming F56 model "the most aggressively different new Mini yet." Inside, though, the two-door that defined premium hatchbacks has, according to its most devoted buyers, gone mainstream.
The giant ring atop the center console is there, but there's no longer a speedometer inside of it. Instead, in an integration that brings to mind words like "shoehorned," Mini designers have placed radio and telephone controls inside the bezel. According to the Mini experts at MotoringFile, the picture above is the base trim and one of four possible treatments - in the upper trims a larger screen for navigation takes up most of the space. The bezel itself is marked with mood lighting that supposedly "swirls around" when you start the car with the red toggle switch.
The speedo rests atop the steering column with a tachometer placed to its left. The BMW wheel pictured is just for the prototype - you can expect a familiar three-spoke Mini wheel when the car is revealed, and latest rumor is that the event will take place at this year's Frankfurt Motor Show.

Mini juices up Convertible with John Cooper Works model

Almost one year ago today, we caught our first and only look at the new Mini John Cooper Works Convertible, courtesy of a set of spy photos. Now, the new hot droptop has arrived, and no surprise, it's basically the same thing as the JCW Hardtop. The new model blends the standard three-door hardtop's 2.0-liter, 228-horsepower, 236-pound-foot, four-cylinder with the folding canvas roof of the new Mini Convertible, which debuted in October of last year. Available with a standard six-speed manual or an optional six-speed automatic, the three-pedal JCW Convertible will hit 60 in 6.4 seconds while the two-pedal will do the run a tenth of a second faster. The brawnier powertrain is backed up by a standard sport suspension – dynamic damper control is an optional extra – and convertible-specific chassis enhancements, including a new stiffening plate underneath the engine. To bring proceedings to a halt even quicker, Mini attached JCW-specific Brembo brakes. There's also the usual array of interior and exterior enhancements. Outside, there's a sportier body kit, standard, JCW-specific 17-inch wheels (or optional 18s), and standard LED headlamps. We're aching to try out the new JCW sport seats, which feature a fixed headrest and some serious bolstering. They're also rocking a pretty nifty black-and-red color scheme. Mini has paired its latest announcement with a full pricing release for the Cooper, Cooper S, and JCW Convertibles. Adding the softtop kicks up the price $5,000 to $5,500, with the base model starting at $26,800. The S model just barely cracks the $30,000 mark, coming in at $30,450, while the Works model is $36,450. That, friends, is a lot of money, and you'll be putting it down before even dipping into Mini's deep options catalog. Read on for both official press releases from Mini. EXTREME DRIVING FUN, INTENSIVE OPEN-AIR PLEASURE: INTRODUCING THE NEW MINI JOHN COOPER WORKS CONVERTIBLE Woodcliff Lake, NJ – January 14, 2016... When passion for motor racing is the driving force and intense open-air pleasure the goal, the new MINI John Cooper Works Convertible takes the ideal line from the word go. The second John Cooper Works model of the latest generation combines engine and suspension technology optimized for use on the race track with distinctive design and equipment features as well as the extensively refined qualities of the new MINI Convertible.