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Mini prices new Cooper Hardtop from $19,950* as configurator comes online

As surprised as the face of the new 2014 Mini Cooper makes the model look, customers shopping for the third-gen hatchback won't be surprised at all come spring. When the Hardtop goes on sale, it will not only offer a similar design to the outgoing model, it will also have a familiar price with a starting MSRP of $19,950 (*plus $795 for destination).
That price is for the base, third-generation model with the company's new 134-horsepower, 1.5-liter three-cylinder turbocharged engine, and that MSRP amounts to a $250 increase over the 2013 Cooper. Looking for a little more power? The 189-hp Cooper S will go on sale at the same time, starting at $23,600 - just $300 more than last year's model.
Mini's press release discussing 2014 Cooper pricing is posted below, but for more detailed information on the options and packages, head on over to the live configurator.

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.

Upcoming Mini 5-door hatch spied in the snow

We are about to get a flood of new Mini models now that the new 2014 model is officially out. In just the past few months, we've seen spy shots of the next-generation John Cooper Works and so-called Traveler crossover, and here we have the upcoming five-door hatchback in Cooper S form, a model that, like the Traveler, is expected to effectively obviate the need for the slow-selling Clubman.
Mini is not exactly hiding that this is a new five-door model, even with its camouflage - the rear door line and handle are clear as day. Also, compared to the three-door Cooper Hardtop, there appears to be an added pillar and additional length at the rear. The hatch also appears to be mounted at a steeper angle than the standard Mini. Also, you have to admit that the Mickey-Mouse-ear fog lights are cute, even if Mini would never actually sell it that way.
Expect to see even more variants soon, if BMW and Mini want to reach their goal of selling over a million front-wheel drive vehicles - an earlier report indicated there could be as many as 23 front-wheel drive cars from the brands in the coming years.