2008 Mini Cooper Hardtop 2dr Cpe S, Turbo, Navigation, Leather, Nice Car. on 2040-cars

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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

2014 Mini Cooper S Paceman [w/video]

Not Too Odd, Not Too Maxi. Is This Mini Just Right?
We recently got our first time behind the wheel of the latest iteration of the Mini Countryman, the 215-horsepower John Cooper Works model, and were left less than enthused despite the inherent fun factor that a JCW badge brings. Our time with the crossover suggests the Countryman is just too weighty and soft to properly wear the badge.
We have also spent loads of time in various Mini Clubman trims and, despite the oddity of its configuration, this model may be our overall favorite in the current Mini lineup. But it is decidedly not a volume seller, which Mini needs.

The original Mini Cooper still has universal appeal

It sold over five million units. It was voted the second most influential car of the last century, bested only by the pioneering Ford Model T. It counted among its owners Steve McQueen, Enzo Ferrari and Peter Sellers. It is the classic Mini.
The tiny, two-box, four-seat hatch is an automotive icon of the first order and it's high time it featured in an episode of Petrolicious. Of course, the video gurus did it right, filming this handsome 1971 Mini, which has been modified to accommodate the 1,275-cc four-cylinder from the Mini Cooper S of the time.
Its owner, Sumner Norman, describes life with his right-hand-drive, UK-spec Mini. Naturally, he points out some of the idiosyncrasies inherent with a car built under the guise of British Leyland, including some of well known reliability woes, which he says is the car "going British." Mostly, though, he just seems to have a good time with the little hatch.