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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.

BMW, Mini aim to sell million cars off new FWD platform

Mini sold 301,526 cars in 2012; BMW sold 1.54 million of its own models. According to a piece in Autocar, analysts say the coming UKL1 platform that will form the skeleton of the third-generation Mini Cooper and coming front-wheel drive BMW 1 Series could be responsible for "more than 900,000 cars per year" all by itself.
That sale fire is fueled by the UKL1 wearing up to twenty-three bodies in total between the two brands, 11 for Mini and 12 for BMW, rendering hatchbacks, sedans, coupes, convertibles, wagons, crossovers and people-haulers from about 12.5 feet to 14.5 feet. In April the VP of Mini USA said we might find some current models don't make it to a next generation, but a graphic accompanying the Autocar story has them all there. If it's correct, then those 23 models will only base model lines and don't account for different engines and four-wheel-drive options for each model.
The big changes that would perhaps mean big sales for the Mini line are a five-door hatch with two smaller rear doors for children, the sedan talked about last year for Asian markets and an MPV perhaps wearing the "Traveler" name that could send the Countryman in a more SUV-like direction.

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.