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BMW sold 2.49 million BMW, Mini and Rolls-Royce vehicles in 2018

FRANKFURT — German carmaker BMW on Tuesday said it achieved record sales of 2.49 million BMW, Mini and Rolls-Royce vehicles last year. "BMW Group achieved record sales in 2018. 2.49 million vehicles mean the BMW Group is the world's leading premium automotive company for the 15th year running," Chief Executive Harald Krueger said. In 2017, BMW Group sold 2.46 million vehicles. Daimler has not yet released annual sales figures for Mercedes-Benz passenger cars, so it remains unclear whether BMW brand overtook Mercedes-Benz in terms of sales in 2018. Sales of BMW, Mini and Rolls-Royce cars were higher than Mercedes-Benz in 2017.

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 John Cooper Works gets ready to rumble

Mini gave us our first taste of its next-generation John Cooper Works Hardtop in concept form at the 2014 Detroit Auto Show. And in fact, we already know that the production version will make its debut at the 2015 Detroit show in January. Fitting, then, that this most recent round of spy shots shows a JCW that's pretty much ready to roll - peel back that yellow swirly paper, and you've pretty much got the final deal.
It's easy to make out the final design for the revised front and rear fascias, and we can clearly see a more robust brake package nestled behind those alloy wheels. Speaking of, we must admit, the wheels here look rather pedestrian for a JCW model, but they could just be prototype rollers and not indicative of the final rolling stock. We expect the flashy red decals of the concept to be offered on the production model, as well, though they could be optional kit.
As reported earlier, power is expected to come from a 230-horsepower turbo-four - a modest increase over the 208 hp from the outgoing Mini JCW. Expect that to route through a six-speed manual transmission, sending turbocharged oomph to the front wheels.