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Mini reveals new John Cooper Works concept ahead of Detroit

BMW effectively hit the reset button when it unveiled the new Mini at the LA Auto Show last month, opening the door to a whole raft of new variants to follow - and this is the first.
Set to be unveiled at the Detroit Auto Show next month is the new Mini John Cooper Works Concept, a show car that previews the next hot hatch from the Anglo-Saxon automaker. Mini isn't saying much about what makes it tick, focusing instead of the design that sets it apart from the standard version we've already seen.
This JCW concept features a lustrous grey paintjob with bright red accents, 18-inch alloys and an upgraded aero kit, all aimed at making the Mini look that much sportier. It's got bigger air intakes where the fog lights would be, LED headlamps, a black grille frame, side skirts, a rear bumper with diffuser insert and a roof-mounted spoiler.

Mini's matte Countryman Black Knight Edition rises

Mini is certainly no stranger to a special edition, as unique option and styling packs have been a staple of the Mini line since its return to the US market, but it's next special trim is quite a big departure from previous cars. It's based on the Countryman, and is called the Black Knight Edition.
As you cans see from the image up top, it'll sport a sinister, matte-black paint scheme, making this Mini not unlike BMW's range of Frozen Edition cars. First reported on by those Mini-obsessed folks at MotoringFile, the Black Knight Edition Countryman will be limited to 60 units, and will be offered on a first-come, first-serve basis, making this car quite a bit different from previous special editions, which generally stuck around for a full model year.
According to MF, the matte finish will only be available on the Cooper S Countryman, although oddly, one of the teaser images shows a John Cooper Works badge. BKE models should be coming nearly loaded, which means that there's not a lot of customization done and the price tag is probably going to be exorbitant for a Mini. Buyers will, though, have the choice of front- or all-wheel drive and a choice of six-speed manual or six-speed automatic.

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.