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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.

Meet the Mini Urbanaut concept: an autonomous Mini minivan

If car designers are to be believed, the future of fully-autonomous electric vehicles is the box. Whether it's squared-off or rounded, it seems many autonomous concept vehicles are vans meant to efficiently carry people and stuff, or be a new living space. And that's the case with the Mini Urbanaut concept, just on a smaller scale. The Urbanaut measures in at 14.6 feet long, which is a little more than 2 feet shorter than a Toyota Sienna. But if it were put into production, it would be the biggest Mini on sale at roughly half a foot longer than the Countryman, and easily as tall if not taller (Mini didn't provide an exact height). It takes the one-box shape close to its extremes, similar to a VW Bus, which itself is seeing an electric revival. At the front, an aluminum grille inspired by the current Mini grille hides LED lights for illumination and communication, and taillights get similar aluminum coverings. The wheels are translucent and illuminated. There are cutouts that are inspired by the Union Jack flag. The Urbanaut features two particularly unusual design choices, though. The first is that it has a single sliding door for interior access. The second is that one of the C-pillars is actually a sort of display case that can store a variety of souvenirs or other trinkets. Isn't that cute? The interior has seating for four, with a rear bench and conventional bucket seat at the front for the driver next to a sort of jump seat. The driver seat can swivel to face the front for manual driving, or to face the middle for parked or autonomous modes. In between the rows of seats is a table with a decorative plant as well as the main instrument display and infotainment interface. The screen is round, a callback to old Mini instruments and the current cars' center infotainment binnacle. The idea is that the Urbanaut would primarily be used in autonomous or parked modes with occupants facing toward the middle. There is, however, a secondary display that activates at the front when the car is in manual driving mode. The interior has a number of nifty party tricks. There's a ceiling section above the rear seats called the "Loop" that has animated illumination behind a fabric covering. The dashboard lowers at the front in the stationary mode to create a daybed. The windshield can open up, too, when parked. Different vehicle modes are accessed by placing the key fob, called the "Mini Token," in the corresponding slot.

Longer, wider, still a Mini | 2017 Mini Countryman First Drive

Think of the 2017 Mini Countryman as the brand's "ah, to hell with it" moment. At a whopping 8.1 inches longer and 5.4 inches wider than the vehicle it replaces, it is quite obviously the least-mini Mini ever. Yet, that size increase makes it more useful, comfortable riding, and better proportioned. If a compact crossover SUV is what's to be, then this is the size it should be. However, it's still quite mini for a compact SUV, coming in at 3 inches shorter than the Mercedes-Benz GLA-Class and 4 inches shorter than an Audi Q3. Neither of those are what anyone would describe as "large." And yet, the Countryman boasts a considerably more spacious and usable interior than either of them. Sit in the new Countryman's back seat and you'll be amazed at the space, with plenty of leg- and headroom for even tall people despite a standard panoramic sunroof. Crossovers of similar exterior dimensions, luxury or otherwise, just don't come close to providing as much passenger space. The cargo area isn't quite as impressive on paper, but its boxy shape and the sliding second-row seat make it far more versatile in practice. So, despite being the least-mini Mini ever, the new Countryman is still in keeping with the brand's ethos from the very beginning when Alec Issigonis created a car that was microscopic on the outside but disproportionately spacious inside. There's far more to this redesign than just dimensional changes – the 2017 Countryman grows up figuratively as well. The original model always felt like a Mini Cooper hardtop that ballooned in size and door count. Compared to SUVs of similar price, and more damningly of lesser price, it was crashy, loud, a bit cheap inside, and relatively uncouth. The base model was also embarrassingly slow. The new version feels more like a proper compact luxury SUV flavored with a robust Salt Bae of Mini spice. Actually, that's pretty much what it is. The Countryman now shares its front-wheel-drive platform with the new BMW X1, which itself benefits from various trickle-down elements from elsewhere in the BMW Group. For instance, processes developed for the 7 Series are in part responsible for the new, stiffer structure that contributes greatly to the 2017 Countryman's other great advancement: the exponentially better ride. The old one harshly crashed over bumps in a way that only Fred Flintstone wouldn't find tiresome.