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Judge to approve settlement of Mini CVT lawsuits

BMW has agreed to settle a number of class-action lawsuits out of court. The suits stem from drivetrain issues on the 2001 to 2006 R50 Mini Cooper - in particular, its continuously variable transmission. The transmission was known to fail, often without warning on otherwise healthy and well-maintained vehicles. This wasn't the only major issue to afflict the original BMW-era Mini models.
According to legal site Topclassactions.com, the suits alleged that BMW knowingly hid the defects in the CVT from customers while informing dealers of the issue. The first suit was filed in 2011, while four additional suits have followed. Now, BMW has reportedly settled, offering to reimburse 1,200 owners that needed repairs within eight years or 150,000 miles of their purchase. Repair prices for the transmission range from $6,000 to $9,000.
Under the agreement, BMW will also offer up to $4,100 to members of the suit that had fixes performed at a third-party shop, while owners who sold their cars at a loss due to the issues are slated to receive up to $2,000. Finally, owners who are part of the suit will be warrantied for a further eight years and 150,000 miles.

2020 Mini E spy photos reveal its interior

The 2020 Mini E electric hatchback has been spied once again. It doesn't reveal much on the outside, in fact it actually shows less than the last time, since this one doesn't have the groovy concept-inspired wheels. But our spy photographer managed to get a good shot of the interior, which reveals some neat details. Chief among the interior's changes is the instrument panel on the steering column. While current gasoline-powered Minis have a typical needle-and-dial set of gauges on the column, those have been replaced by a thin screen. In an effort to keep it from looking too out of place, it has semi-circle ends and a chrome ring around the screen. Odds are that the actual screen will likely be in the middle, and additional warning and indicator lights will fill up the circular ends. Other than the screen, the only other major change is the shifter. Instead of the round leather knob of conventional automatic Minis, it has a more rectangular knob made entirely of plastic. The rest of the Mini's interior is like any other current model. The vents, controls and infotainment are all taken right from the other Minis. Interestingly, this Mini E has carbon fiber interior trim. This will probably be an option, not standard equipment. We expect the electric Mini Hardtop will make its debut sometime next year. If we're lucky, it may make the same 204 horsepower and 162 pound-feet of torque as the original Mini E and more than that car's 150 mile range. Related Video:

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.