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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 shows how to camp in style

If you're the type of person who loves spontaneous road trips and camping, and Volkswagen's Camper Vans aren't your style (or you can't find one for sale in the US), then Mini has what you're looking for: the Clubvan Camper, Cowley caravan or Countryman ALL4 Camp. Unfortunately, Mini says there are no plans to offer any of them for sale. And no, this doesn't seem to be a recycled April fools joke, in which Mini touted the Swindon Roof Top Tent and Cowley.
Let's start with the Clubvan camper, a curious prototype that has a sleeping area for one and an extendable kitchenette featuring a stove and chest fridge. And we say curious because, in addition to not being offered for sale anywhere at this point, the Camper is based on the Clubvan, which was just pulled from US dealerships due to low sales volume. This thing definitely isn't coming to the US.
The Cowley caravan, named after Mini's historic factory in England (known today as Plant Oxford), can be towed behind a Mini vehicle and features a sleeping area for two, a twin-burner gas stove and a water tank complete with pump and sink facility. It looks quite comfortable in there. The Cowley uses a solar panel to charge its onboard battery, and it has a 230-volt connection to power the fridge and entertainment equipment.

Sorting through the rat's nest that is Mini's model history

What do Austin, Morris, British Motor Corporation, British Motor Holdings, British Leyland, Rover Group, and BMW all have in common? Each company has had a hand in bringing the world a sprightly, fuel-efficient, front-wheel-drive fun box on wheels - the Mini.
The Sir Alec Issigonis-designed car has been sold under more brand names and with more model designations than most of us would guess. For seven generations of the classic Mini, from 1959 to 2000, the car carried a bewildering number of model names as well. (Note that's even before BMW took over the nameplate, and starting building cars styled as "MINI" rather than "Mini" in 2001.)
As is its want, Hemmings Daily has taken the time to break down the complex lineage of the car, with a kind of model etymology that makes for a pretty entertaining read. Click over to the site to give it a go; but check out our gallery of classic Mini pictures before you jump.