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2020 Mini John Cooper Works GP appears to have its Nurburgring time on the dashboard

Details on the 2020 Mini John Cooper Works GP hot hatch have been trickling out, and it sounds and looks impressive. It will have over 300 horsepower (probably at least 301 like the Clubman and Countryman), and it has wild bodywork like its concept. Mini has also been promising a fast Nurburgring lap time, with the only information given that it will be under 8 minutes. Before the company could announce it, someone found it on the dashboard of the car. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Twitter user Will Pierce shared a photo of the dash, and the time wasn't just on a piece of paper, it was molded into the plastic trim of the dashboard. Mini is really proud of it, but maybe they shouldn't be that proud because it's not a record, giving it the benefit of the doubt that it's front drive like past GPs. The time is 7:56.69. The current front-drive record holder is the Renault Megane R.S. Trophy-R at 7:40.1. That's over 16 seconds faster. It also edged out the Honda Civic Type R's old record of 7:43.8. Even the third-fastest front-driver, the VW GTI Clubsport, did a lap in 7:47.19. In the grand scheme of things, Nurburgring lap times aren't that important. They're a fun bragging right, but there's much more that's important about cars than raw times. We're just giving the Mini a hard time because, well, if you're going to throw a time in someone's face every time they hop in the car, maybe you should make sure it's truly impressive. But we're sure the GP will be a riot, and we can't wait for more details and the opportunity to drive one.

New Mini Countryman shows its big bones

The latest crop of Mini models are larger than their predecessors, and these spy shots let us check out the upcoming Countryman, which could be the biggest vehicle from the diminutively named brand yet. This test car drops some camouflage from the previously spied examples, which gives us a much better look at the new design. Up front, the swirling camo panels do nothing to hide the Countryman's broad, mesh grille, and you can easily make out the shape of the oval headlights. These shots offer a clear look at the lower air dam, with round foglights flanking the central intake. At the rear, the Countryman gets Mini's traditional big taillights, and the exhausts poke out from each corner of the bumper. The next-generation Countryman grows longer and wider to increase interior volume, but the crossover rides on BMW's UKL platform like the rest of Mini's latest vehicles. We also anticipate it to share the same choices of three- and four-cylinder turbocharged engines. Like the recently revealed Clubman All4, expect all-wheel drive as an additional option. After the launch of the standard version, which could happen at the Paris Motor Show in October, the brand likely plans to fill out the Countryman range with a performance-oriented John Cooper Works variant and a greener plug-in hybrid model.

BMW warns profits will fall, plans $13.6 billion in cost-cutting

FRANKFURT, Germany — BMW said Wednesday that profits in 2019 will be "well below" last year's, and it will cut 12 billion euros ($13.6 billion) in costs by the end of 2022 to offset spending on new technology. The company said profits would be eroded by higher raw materials prices, the costs of compliance with tougher emissions requirements and unfavorable shifts in currency exchange rates. The Munich-based automaker also faces increased uncertainty due to international trade conflicts that could lead to higher tariffs. "Depending on how conditions develop, our guidance may be subject to additional risks; in particular, the risk of a no-deal Brexit and ongoing developments in international trade policy," said Chief Financial Officer Nicolas Peter. The company forecast a profit margin of 6 to 8 percent for its automotive business, short of the long-term strategic target of 8 to 10 percent, which it said still "remains the ambition" for the company if given "a stable business environment." BMW said it had no plans for layoffs even as it outlined cost saving measures that include dropping half of its engine variants as it seeks to reduce product complexity. The BMW, Mini and Rolls-Royce brands are to get a single sales division. Peter said that given the headwinds to earnings, "we began to introduce countermeasures at an early stage and have taken a number of far-reaching decisions." The company said the measures were needed "to offset the ongoing high level of upfront expenditure required to embrace the mobility of the future." Automakers around the world have faced heavy up-front costs for technology expected to change how people get from one place to another in the next decade. Those include electric cars and renting cars through smartphone apps. Yet the returns from such investments remain uncertain and auto companies face competition from tech firms such as Uber and Waymo. BMW made 7.2 billion euros ($8.2 billion) in net profit last year, down 17 percent from 2017, when it booked a gain of $1 billion from U.S. tax changes. The company faced headwinds from increased tariffs on vehicles exported to China from the United States. It also suffered from turmoil on the German auto market when companies faced bottlenecks getting cars certified for new emissions rules. BMW faces uncertainty from U.S.-China trade tensions that could result in new tariffs if talks do not result in an agreement. U.S.