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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.

The 2017 Porsche 911 RSR goes mid-engine, purists be damned

Porsche unveiled its World Endurance Championship and IMSA WeatherTech Championship competitor with the 2017 911 RSR. And this 911 is different from the rest, as the 4.0-liter flat-six engine powering this beast is in front of the rear axle, not behind it. That's right, this 24 Hours of Le Mans competitor ditches the iconic rear-engine layout. Porsche isn't talking specifics on how exactly things are arranged back there. The engine is new, now based on the 991 911's block instead of the previous Mezger motor that's been used for years. The transmission design is new as well – it would have to be to accommodate the new location relative to the engine. The racecar has been engineered to meet the LM-GTE class, where it will go up against other mid-engine cars like the Ford GT and Ferrari 488 GTE. Moving the engine to the middle has given Porsche the ability to fit the 911 RSR with massive bits of aero, like the humongous rear diffuser that looks like it would be more at home on a machine of war. The only thing that can compete with the diffuser for size is the top-mounted rear wing, which shares a similar design to the one found on the 919 Hybrid. Going back to the engine, the direct-injected boxer motor, depending on the size of the restrictor, generates as much as 510 horsepower and sends all of its fury to the rear wheels. The engine is paired to a six-speed sequential gearbox, which drivers can employ through paddles on the steering wheel. The new engine doesn't have a lot of weight to push around as the 911 RSR, as required by regulations, weighs 2,740 pounds. Speaking of weight, the engine layout isn't the only change for the 911 RSR. For 2017, the car ditches its steel body for one that's made out of carbon fiber. The body attaches to the chassis via quick-release fasteners, making the vehicle easier to service as exterior elements can be removed with minimal effort. The racecar also gets a radar-based collision system – aptly named the "Collision Avoid System" – which is meant to limit the 911 RSR's encounters with faster LMP prototypes. Only time will tell if the new layout and aerodynamic components help the 911 RSR beat its competition. But there will be plenty of opportunities to see the racecar in action as Porsche plans to run the 911 RSR in 19 races during the 2017 season, the first of which will take place at the IMSA opener on January 28th at Daytona, where the racecar will make its track day debut.

Mini SE gets the art car treatment with The Flash superhero painting

What better superhero to put on an electric car than The Flash? Admittedly, the speedy superhero may be a better fit for the Porsche Taycan Turbo or Tesla Model S Performance, but a Mini SE is a fine option itself. The Mini flashes through corners instead of the quarter mile. There, we made it work. Mini has decided to attend the international comics, gaming, animation and fantasy fair, Lucca Changes 2020, with this art car. This year, the fair is completely online. The author who made this art car is Carmine di Giandomenico. He’s an Italian cartoonist who actually made 34 issues of The Flash. Obviously, he had an idea of what he was doing going into this project. Previous to this project, he earned the nickname of “fastest cartoonist in the world” when he drew 56 comic tables in 48 hours. The work of art drawn on this Mini is meant to be a recreation of the cover for Issue 123 originally drawn by Carmine Infantino. Very few details of the actual process were detailed by Mini, but itÂ’s said to have taken di Giandomenico just 10 hours to complete it from start to finish using a “mixed technique.” That tracks with the speeds at which he typically completes his drawings. Art cars can take days to create depending on their complexity, but this is not one of those. As we look at the number of photos provided, “The Flash” is the main event along the sides of the Mini. Lightning arcs up and down and front to back. The lightning bolt symbol on the hood is the same as what youÂ’ll see on The FlashÂ’s chest. It all fits quite nicely with the electric MiniÂ’s persona. Now, if Mini can just find a way to harness The FlashÂ’s power to increase the carÂ’s 110-mile range on a full charge ... Related Video: