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Mini Minor to be co-developed with Toyota

It was back in 2011 when Mini first showcased the prospect of an even smaller hatchback with the Rocketman concept at the Geneva Motor Show. In the nearly four years since, parent company BMW has hemmed and hawed on the possibility of putting it into production, but the latest word from Europe has it that the project is a go. According to Automobile magazine, Mini is realigning its product portfolio into five pillars: the essential hardtop we've already seen (available in two/three- and four/five-doors), the convertible, the upcoming new Clubman wagon (coming this summer with full-size auxiliary suicide doors on both sides), the next-gen Countryman crossover in 2016 and two new model lines. One will be the production version of the Superleggera roadster concept, earmarked for 2018. The other will be the Minor, a smaller city car reviving a long-gone model name and presaged by the aforementioned Rocketman concept. But for that last one, Mini won't go it alone. To develop the mini Mini, BMW will reportedly turn to its partnership with Toyota. The relationship is already set to yield a new Supra and Z4 and share fuel cell and other technologies. But this would broaden the partnership to include a small hatchback. However rather than use the existing (or next-gen) Aygo, which is already built under joint venture with PSA Peugeot Citroen (with which BMW previously had a joint engine venture), word has it that the BMW and Toyota will develop a new platform for the project – one that will be used by both partners. The new product plan doesn't leave much room for the Mini Coupe and Roadster (which have already been discontinued), for the Paceman three-door crossover (which will suffer the same fate) or for the projected seven-seater minivan. But the addition of the new Superleggera roadster and super-mini Mini aren't likely to leave us wanting for either. Related Video:

Mini teases high-performance electric hatch as a safety car

Mini has made it clear that it's working on some sort of high-performance electric Mini. It even released photos of such a prototype back in December. Now it seems we may get a look at a more finished example in the near future. The company put out the above teaser on Twitter. The teaser is quite light on information, but the hashtag "#ElectricThrillMaximised" makes it pretty clear that it's not running on gasoline or diesel. Playing with the image in Photoshop, we were able to brighten it up enough to see that there aren't any tailpipes, either. Instead, there's a rear fog light in the middle of the diffuser. What's also interesting is that from what we could make out of the fender flares, they're very wide, but they don't look like the unusual carbon fiber pieces from the John Cooper Works GP. So Mini has done some work to make it a little more than just an electrified GP. Of course, we've skipped over the obvious part of this teaser, and that's the bright lights that seem to identify the Mini as a pace car or safety car. We think this Mini might become a safety car for Formula E. Not only would an electric car make sense for the electric racing series, but BMW has provided i model cars as safety cars for the series for a few years now, despite the company no longer competing. Certainly BMW could also use something like the new i4, but with Mini going fully electric a few years down the road, why not start associating the brand and the alternative fuel now? We're not sure when the car will be revealed, though. The teaser didn't provide any pertinent information, and the Formula E season is already underway. But hopefully it won't be too long, since it looks like the car is finished, at least for pace car purposes. Related video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.

BMW, Sixt carsharing making money most places

The DriveNow carsharing service, which is a partnership between BMW and Sixt, is growing quite rapidly. "We've been surprised about the explosion of new subscriptions, which has helped boost revenue," says Sixt CEO Erich Sixt. The number of DriveNow users has increased from 215,000 at the end of last year to 300,000 today. Sixt says that DriveNow has been profitable in cities in which it has been established for over a year. Perhaps encouraged by its unexpected success, DriveNow is set to expand even further. The service is currently available in five German cities, as well as in San Francisco, California, and the involved parties are considering a five-year plan to expand to 25 more cities in Europe and the US. Still, Sixt expects DriveNow to report a "small-to-medium, single-digit" loss for this year, according to Sixt CFO Julian zu Putlitz. It's no big deal, just the result of startup costs in new areas. Sixt, which is Germany's largest car rental company, also reported that its own second-quarter income rose 12 percent to $37.7 million, while sales rose 7.6 percent to $585.78 million. DriveNow uses a membership and pay-per-minute model that allows customers to rent BMW and Mini vehicles as they need them. The service also acts as a way to let potential customers try out the vehicles and familiarize themselves with the brands before they buy cars of their own at some point. Depending on the location, DriveNow's fleet includes the BMW 1 Series, ActiveE and X1, as well as several Mini vehicles like the Cooper, Clubman and Countryman. Featured Gallery 2012 BMW ActiveE: First Drive View 31 Photos News Source: BloombergImage Credit: Copyright 2014 AOL Green BMW MINI car sharing profit revenue drivenow sixt