2012 Cooper S Full Warranty And Maintance Sport Package on 2040-cars

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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 confirms first plug-in hybrid and it looks like it's based on the Countryman

Mini confirmed Sunday it's developing its first plug-in hybrid model, apparently based on the Countryman. The hybrid will utilize an electric motor that works with a combustion engine, expected to be a 1.5-liter turbocharged three-cylinder unit. Though the actual name wasn't specified, Mini said the vehicle will have two driving modes. With Auto eDrive, it can reach speeds of up to 50 miles per hour. Switching into Max eDrive increases top speed to approximately 77 miles per hour. The electric motor sends all of its power to the rear wheels, while the combustion engine powers the front wheels. The engine only kicks on in certain situations. Mashing the throttle brings the engine to life, as does switching the car into "Save Battery" mode, which allows the engine to charge the hybrid's battery through a generator while powering the vehicle. The engine also comes on if the vehicle's all-wheel-drive-system senses a loss in traction. Inside, the changes include a yellow start/stop button (instead of red) and a power display in place of the traditional tachometer. Mini's previous electrification efforts included the Mini E, which had a range under 100 miles and was available for leasing in 2009. Expect the plug-in hybrid to debut in 2019. Related Video: Featured Gallery Mini Plug-In Hybrid Related Gallery Mini Countryman Plug-in Hybrid Spy Shots View 13 Photos Green MINI Crossover Hybrid PHEV confirmed

Driver in the UK moves an ambulance just to free up a parking space

Finding a parking spot in a populated area can be a huge hassle. Drivers will circle a parking lot or a street a half dozen times, sometimes following a pedestrian like a lion hunting its prey in the hopes that that person will free up a spot. That said, there is no excuse for the guy who allegedly moved an ambulance in order to free up a parking space. According to Yahoo News, a driver in the UK got behind the wheel of an ambulance while paramedics were treating a victim in the back so he could park his Mini Cooper in a space that was being blocked. According to the paramedics, they didn't communicate at all with the Mini driver. The patient suffered "distress and discomfort" but was otherwise unaffected. Unfortunately, police are still trying to find the driver. While we can't do much from Michigan, we can provide a brief description. The suspect is a white male with dark hair in his 50s that stands about 5 feet 10 inches tall. The Cooper had a license plate that starts with RJ60. If you have any information, call the police in the UK at 101 or Crimestoppers anonymously on 0800 555 111. Related Video: News Source: Yahoo! NewsImage Credit: Getty Read This MINI