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Stunning new styling kit available for SEAT leon.

March 13, 2014, 1:21 am
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  • SEAT Leon Sports Styling Kit available now, from any SEAT dealership
  • Designed by SEAT’s design centre in Martorell
  • Kit fits five-door Leon and three-door Leon SC
  • Purchase, painting and fitting available through any participating SEAT dealership; all parts available separately
SEAT today introduces the Leon Sports Styling Kit, a beguiling package of design enhancements that lifts the family hatchback into the sartorial stratosphere.

The kit is the work of SEAT’s design studio in Martorell, and comprises a new front bumper including revised fog lamps, side sills, roof spoiler, and a rear bumper that includes a contrasting black ‘diffuser’ and incorporates twin sports exhaust pipes.

In addition, the kit is complemented beautifully by a set of 19-inch Sports wheels, available now in either black or silver from the official SEAT Accessories catalogue.
The Leon Sports Styling Kit is available fully fitted and painted from any SEAT dealership, or its constituent parts can be ordered separately, allowing Leon drivers to customise their car according to their taste and budget.

Ordered alone, the prices for the kit’s constituent parts are as follows:
Front bumper: £1,500
Rear bumper: £975
Rear roof spoiler: £399
Side skirts: £645
Twin sports exhaust: £480
Alloy wheels: £999
All prices include VAT, painting and fitting at an approved SEAT dealership.
Prices are the same regardless of whether the parts are for a Leon five-door or Leon SC; customers should see their local SEAT dealership for parts-only prices or the fitments of individual items. 

Designed to perfectly complement the lines and curves of the SEAT Leon, the Sports Styling Kit visually lowers the car, giving it a more aggressive stance from any angle. Every part has been designed to avoid looking incongruous when fitted alone.

Available now, the Leon Sports Styling Kit is compatible with S, SE and FR versions of the car.1
1.    Car pictured: SEAT Leon FR TDI 184 PS featuring optional Titanium Pack.
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New BMW X4 Ugly wagon to debut at New York.

March 13, 2014, 1:26 am
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The BMW X4 Sports Activity Coupe will make its world debut and the BMW 4 Series Gran Coupe, BMW ALPINA B6 Gran Coupe, BMW X3 LCI and BMW Concept X5 eDrive will make their North American debuts at the 2014 New York International Auto Show on Wednesday, April 16, at the BMW Stand at the Jacob K. Javits Convention Center, 655 West 34th Street (at 11th Avenue), Manhattan. English and Spanish speaking BMW representatives will be available for interviews throughout the day. 


The BMW X4 Sports Activity Coupe combines the performance and capability of a premium Sports Activity Vehicle with the style and elegance of a traditional coupe. In the U.S., the X4 will be offered with a choice of two TwinPower Turbo engines. The X4 xDrive28i, with a MSRP of $45,625 (including Destination & Handling), will feature BMW’s award-winning 240 horsepower 2.0-liter four cylinder, producing peak torque of 260 lb-ft and 0-60 mph in 6.0 seconds. The top-of-line X4 xDrive35i, with an MSRP of $48,925 (including Destination & Handling), will feature BMW’s venerable 300 horsepower 3.0-liter inline six, producing peak torque of 300 lb-ft and 0-60 mph in 5.2 seconds. Both models include an 8-speed Steptronic sport automatic transmission with shift paddles as well as xDrive, BMW’s intelligent all-wheel drive system. The BMW X4 will begin production in spring 2014 exclusively at BMW’s U.S. production facility in Spartanburg, South Carolina. BMW X4 Sports Activity Coupe Press Kit. 
The BMW 4 Series Gran Coupe adds a fresh dimension to one of the company’s newest model ranges. It combines the sleek look and sporty character of the 4 Series Coupe with the functionality provided by four-doors and a spacious, flexible luggage compartment. The 2015 BMW 4 Series Gran Coupe arrives in the U.S. in early summer of 2014 with two engine choices. The 428i Gran Coupe will feature BMW’s award-winning 240 horsepower TwinPower Turbo 2.0-liter four-cylinder, achieving peak torque of 255 lb-ft (0-60 mph in 5.7 seconds) and the 435i Gran Coupe will be powered by the much-lauded 300 horsepower TwinPower Turbo 3.0-liter inline six achieving peak torque of 300 lb-ft (0-60 mph in 4.9 seconds). The 428i xDrive Gran Coupe will also be available at launch with BMW’s intelligent all-wheel drive system. All versions will be offered in the U.S. with an 8-speed sport automatic transmission. Prices in the U.S. will start at a base MSRP of $41,225, including $925 Destination & Handling for the 428i Gran Coupe, $43,225, including Destination & Handling, for the 428i xDrive Gran Coupe, and $46,725, including $925 Destination & Handling for the 435i Gran Coupe. BMW 4 Series Gran Coupe Press Kit. 
The 2015 BMW ALPINA B6 Gran Coupe delivers exceptional 0-60 mph in only 3.7 seconds. The 540-horsepower and 540 lb-ft output of the 4.4-liter ALPINA bi-Turbo V8 is channeled through an 8 speed Sports Automatic Transmission with ALPINA Switch-Tronic and BMW’s xDrive intelligent all-wheel drive system. Electronic Damping Control and Active Roll Stabilization technology work together with the fully variable torque distribution of the xDrive intelligent all-wheel drive system. The seamless integration of chassis and powertrain enables agile and neutral driving dynamics that meet the highest demands for sportiness, comfort and all-weather traction. With a top speed of 198 mph, the BMW ALPINA B6 Gran Coupe impresses not only through its effortless and confident super-high performance, but also with its finely balanced handling and smooth refinement. The 2015 BMW ALPINA B6 Gran Coupe will go on sale in spring 2014 for $118,225, including $925 Destination & Handling. BMW ALPINA B6 Gran Coupe Press Kit.
In the BMW Concept X5 eDrive, the innovative EfficientDynamics drive technology BMW eDrive and the intelligent all-wheel drive system BMW xDrive are united for the first time. The combination of a BMW TwinPower Turbo 4-cylinder combustion engine and a 95-horsepower electric motor provides typical BMW performance, with BMW xDrive further increasing the dynamics. At the same time, this powertrain is impressively efficient. The average fuel efficiency of less than 74.3 mpg in the EU test cycle is unrivalled among vehicles in this class, with CO2 emissions of less than 90 grams per kilometer also setting new standards. Via the driving dynamics control switch, different drive modes can be selected. In the fully electric mode, which is free from local emissions, a maximum range of 19 miles is possible – at speeds of up to 75 mph. The BMW Concept X5 eDrive obtains its electrical energy from a (lithium-ion) high-voltage battery, which is accommodated in a space-efficient manner under the flat luggage compartment floor. This means that the room in the vehicle can still be used flexibly, with an almost identical luggage space volume. The high-voltage battery can be charged quickly and conveniently using the BMW home charging station. Alternatively, it can be replenished using any standard household power outlet or at a public charging station. BMW Concept X5 eDrive Press Kit.
The BMW X3 Sports Activity Vehicle expands on the 2010 second-generation BMW X3 with a new offer of BMW Advanced Diesel power in the X3 xDrive28d that enhances efficiency while reducing emissions. There will also be the first-time offer of the rear-wheel drive BMW X3 sDrive28i for the U.S. market, providing a great consumer entry point into the X3 family. The new xDrive28d will feature BMW’s 2.0-liter TwinPower Turbo diesel 4-cylinder engine producing 180 horsepower and 280 lb-ft of torque and accelerates from 0-60 mph in just under eight seconds. The X3 xDrive28i features BMW 2.0-liter TwinPower Turbo gasoline engine, producing 240 horsepower and 260 lb-ft of torque, achieving 0-60 in 6.2 seconds. The exterior and interior design of the new BMW X3 received stylistic revisions that add further depth to the vehicle’s practicality. The new BMW X3 will go on sale in spring 2014 as a 2015 model. In the U.S., the base MSRP will be $39,325 for the X3 sDrive28i, $40,725 for the X3 xDrive28i, $42,825 for the X3 xDrive28d with BMW Advanced Diesel technology, and $45,825 for the top-of-the-line X3 xDrive35i. Pricing includes $925 Destination & Handling.BMW X3 Sports Activity Vehicle Press Kit. 
The BMW i3 will be available for ride-alongs at the EV Pavilion on Level 1 of the Javits Center during show hours on April 16-17 and NYIAS public days.
The BMW 4 Series has been named as one of three finalists for the 2014 World Car Awards’ “World Car of the Year” distinction. In addition, the BMW i3 has been named as one of three finalists for both the 2014 “World Green Car” and “World Car Design of the Year” awards.
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VW on target to sell TEN Million units this year & over take Toyota as the #1 automaker.

March 13, 2014, 3:28 am
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Volkswagen Group may sell more than 10 million vehicles in 2014, four years earlier than planned, as Europe's largest carmaker accelerates model introductions in a strategy to overtake Toyota Motor Corp. as the global industry leader.
"With rising volume and new models, we will increasingly see positive earnings effects as well," CEO Martin Winterkorn said in the text of a speech for a press conference today in Berlin. "The chances are good that we'll even exceed the mark of 10 million deliveries this year."
VW outsold General Motors Co. in 2013 to become the world's second-largest carmaker.
Volkswagen, which has budgeted 84.2 billion euros ($117 billion) in investments through 2018 to pursue a goal of taking the No. 1 spot from Toyota, said today it will introduce more than 100 models this year and next, including vehicles for the mass-market VW nameplate and Audi and Porsche premium marques.
Europe's car market is pulling out of a six-year slump and auto sales in China continue to rise, even as economic growth is set to slow. At the same time, demand has been softening in emerging markets, such as Brazil, Russia and India, that carmakers have targeted for sales growth. Volkswagen is also working to boost U.S. sales at its main brand, which has lagged behind competitors' growth in that market.
New SUVs
Models that Volkswagen is bringing out through 2015 include a new version of the mid-sized VW Passat sedan, variants for the Audi A4 line, a restyled Audi Q7 SUV, the Porsche Macan compact SUV and a plug-in hybrid version of the larger Porsche Cayenne SUV, the company said today.
Profit last year at the VW passenger-vehicle brand fell 21 percent to 2.89 billion euros, the company said today. Porsche earnings almost tripled to 2.58 billion euros from 943 million euros. Audi reported on March 11 that operating profit last year declined 6 percent to 5.03 billion euros.
VW, which published group earnings in February, reiterated that operating profit will amount to 6 percent to 7 percent sales for 2014, compared to 6 percent last year. Revenue is expected to "move within a range" of 3 percent, while vehicle sales will rise "moderately."

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Citroen C4 Cactus to start below 14,000 euros in France.

March 13, 2014, 3:37 am
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Citroen intends to price the C4 Cactus between compact cars and small crossovers, Julien Montarnal, the executive responsible for the brand's strategy, told Automotive News Europe.
When it goes on sale in June the C4 Cactus's base price in France will be 13,950 euros -- well below the 18,850 euro starting price of the C4 compact hatchback.
Citroen CEO Frederic Banzet said the car will be "10 to 15 percent less expensive than its compact competitors." But the average transaction price will be "in the region of 16,000 to 17,000 euros," increasing to 22,250 euros for the diesel version, Banzet told Automotive News Europe last week at the Geneva auto show.
Finance options
Citroen is also set to release more information on its planned finance options for the C4 Cactus. An all-inclusive monthly flat rate scheme and a novel "pay-per-use" contract will be provided through the brand's house lender, Banque PSA Finance.
Montarnal said Citroen would offer the base version of the C4 Cactus, the Start, (which does not have air conditioning), for a monthly flat rate of 199 euros in France. "The contract is for 36 months and includes up to 45,000 kilometers, the loan of the car, service and a no-fault insurance," he said.
Customers, however, will also be able to specify different levels of vehicle trim and service, with the monthly flat-rate payment reflecting these choices. At the end of the period customers will have the option to either buy the car outright, hand it back to the lessor or start a new lease on a new vehicle. All-inclusive flat rate contracts will be offered throughout Europe.
The pay-per-use contract will require C4 Cactus customers to pay a fixed monthly rate that will be lower than the all-inclusive flat rate. But in addition they will incur a monthly fee directly related to distance driven, with nothing owed if the car is not driven during the period.
Pay-per-use contracts will be offered initially in Spain, Italy and the UK. Availability in other European countries would depend on such factors as the demand in each market, local legislation and reaching agreements with local insurers, Montarnal said.
"There is a portion of the population that is not willing to buy a car, but willing to buy the use of a car," Banzet told Automotive News Europe.

Solutions such as car-sharing schemes and short-term rentals both had drawbacks in terms of vehicle availability and convenience. "We are proposing a way to only pay for the use of the car, while still having it at your disposal whenever you want it," Banzet said.
It would be of particular appeal, he added, "for either low-mileage drivers or irregular users of the car, for instance for those who don't use the car for some months in the year."
One the underlying aims of both financing approaches is the avoidance of unpleasant financial surprises at the end of the contract period.
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The worlds most famous race track, The Nuerburgring has been sold.

March 13, 2014, 3:46 am
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The Nuerburgring, the German race track known as Green Hell for its challenging Formula One course, was sold to Dusseldorf-based partsmaker Capricorn Group.
The transaction values the 379-hectare (937-acre) property at more than 100 million euros ($139 million), including 25 million euros to be spent further developing the site, lawyers managing the insolvency of owner Nuerburgring GmbH said.
The site was put up for sale last year after its owners failed to pay loans taken out to build hotels and a rollercoaster.
"The creditor committee had two very good offers and in the end decided on the offer with the highest price and good prospects for the region," insolvency lawyer Jens Lieser said in the statement.
The Nuerburgring, Germany's most famous race circuit, was built in 1927 and has hosted at least 30 Formula One races, including a 1976 event where Austrian driver Niki Lauda's car burned while he was trapped inside.

The track's owner and operator filed for insolvency protection in 2012.
Capricorn's acquisition includes the 21km (13-mile) North Loop and newer 5km Grand Prix circuit.
Last year, Hyundai Motor Co. built a 4.4 million-euro research center at the Nuerburgring with direct access to the tree-lined track, which was dubbed Green Hell by driver Jackie Stewart.
German auto club ADAC bid about 100 million euros for the property, the Frankfurter Allgemeine Zeitung reported in November.

Formula One Management CEO Bernie Ecclestone also submitted a bid, WirtschaftsWoche reported in January.
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Chrysler near deal to build Jeeps in China

March 13, 2014, 4:02 am
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Fiat Chrysler executives say they expect to complete an agreement this month for Jeep production in China.

CEO Sergio Marchionne told reporters at the Geneva auto show here that approval had been delayed because of Chinese concerns about the split ownership of Jeep prior to the Jan. 1 deal in which Fiat took full ownership of Jeep.

"On Jan. 1, 2014, when we announced the agreement with the [UAW retirement healthcare trust] for the acquisition of the minority stake in Chrysler, those issues vanished," Marchionne said. "We have been hard at work in the last 60 days putting what I consider to be the final touches on what I hope is the final agreement with our partners in China to try to get this process under way."




Fiat Chrysler will partner with Guangzhou Automobile Group Co. to build a $771 million (4.73 billion yuan) assembly plant near the Chinese automaker's home base in the Panyu district of Guangzhou, Bloomberg reported in December. Capacity would be 60,000 units per year.



Mike Manley, head of the Jeep brand, said in an interview here that the Cherokee and the smaller Renegade shown at the auto show would be prime candidates for Chinese production.




Building vehicles in China would allow Jeep to avoid import tariffs. Manley said negotiations are on track, but added: "Having been involved with China for a long time, I have to say it with a little caution -- not indicating that I've got any concerns, but sometimes the process takes a little longer than you think, sometimes it's smoother."

REPORT HERE
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Citroen plans DS sedan for China market, but it may come to Europe.

March 13, 2014, 4:10 am
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Citroen has added a sedan to its DS line, the DS5 LS, which is designed for the Chinese market and will initially only be sold there.

The DS5 LS will be built at a new plant in Shenzhen, China. It has a different front end from the DS5 hatchback and has a roomy trunk.


The LS -- which stands for luxury saloon -- is designed for Chinese executives who, even at mid-level, demand to have a chauffeured limousine at their disposal. The interior features leather seats and wood trim on the dashboard and doors.

"The DS5 LS is a truly Parisian design," Citroen CEO Yves Bonnefont said at the Geneva auto show, where the LS was featured.

The front end has a grille and chrome "wings" that eventually will be found on the rest of the DS line, he said. It's possible the DS5 LS will eventually be sold in Europe. It will be introduced to the Chinese market in the autumn.


The LS is part of PSA Peugeot-Citroen's decision to make the DS upscale line a stand-alone brand. The traditional Citroen chevrons are not to be found on the LS's grille, only the stylized DS logo.

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Fiat launches Ottima hatchback in China

March 13, 2014, 4:15 am
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Fiat S.p.A. started selling its second China-made model, the Ottima compact hatchback, in China last week.

The Ottima is derived from the Viaggio compact sedan, Fiat's first locally produced vehicle, and is priced from 108,800 to 158,800 yuan ($17,740 to $25,890).


The Ottima is 4,545 mm long, 1,850 mm wide and 1,476 mm tall, with a wheelbase of 2,708 mm.

The car is powered by a 1.4-liter turbocharged engine combined with a five-speed manual or eight-speed dual-clutch transmission.

The Ottima is built at GAC Fiat Automobiles Co., the Italian automaker's joint venture with Guangzhou Automobile Group Co.


GAC Fiat, established in 2010 in the central China city of Changsha, can produce as many as 140,000 vehicles a year. Last year, the company sold 11,288 vehicles.

GAC Fiat also wants to produce the new Jeep Cherokee in China. But the two partners have yet decide whether to build the Jeep in Changsha or at Guangzhou Auto's assembly plant in the south China city of Guangzhou.
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Top ten fastest Nurburgring lap times by production cars

March 13, 2014, 4:28 am
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Auto Express charts the top ten fastest production car lap times around Germany’s formidable Nurburgring Nordschleife circuit

The Nurburgring Nordschleife in the Eifel mountains region of Western Germany is widely regarded as the most challenging race circuit in the world.
The fiercely undulating 12.9-mile lap through dense, light-starved pine forests has grown into a favourite proving ground for the world’s car manufacturers. And the Nurburgring lap time has become a key measure by which the fastest performance cars on the planet are judged.
It never takes too long after the covers are drawn back on a new hypercar or extreme lightweight track weapon for the question of its Nurburgring lap time to be raised. How quickly can the newcomer complete a lap of the tortuous Nordschleife circuit and where does that place it in the list of the fastest production car laps of all time?
The Nurburgring circuit itself has recently changed hands for £84million and with a gaggle of insanely powerful new hypercars emerging onto the scene, reputations to build, the list of the top ten fastest Nurburgring lap times could be in for a shake-up.
Below are the fastest Nurburgring Nordschleife laps as they stand now…

10. Porsche 911 GT2 RS – 7:24s

Porsche 911 GT2 RS

The legendary Porsche 911 manages to squeak onto the fastest Nurburgring lap times list in GT2 RS form. The 997 generation model has a twin-turbo flat six generating 612bhp and weighs 70kg less than a standard 911 GT2. It clocked 7:24s in 2010.
9. Chevrolet Corvette C6 Z06 – 7:22.68
Corvette Z06

The Corvette C6 Z06 is one rung down the Corvette C6 performance ladder from the ZR1 with ‘only’ 505bhp from its all-American V8 powerplant - but it was only 3 seconds slower around the lap when the cars were tested together in June 2011.   
8. Chevrolet Corvette C6 ZR1 – 7:19.63
Corvette ZR1

The Corvette C6 ZR1 is a car with a 638bhp V8 and Nurburgring pedigree that you can pick up for a fraction of the price of most European supercars, but that didn’t stop it showing them the way around the Nordschleife with a 7:19.63s lap in 2012.
7. Donkervoort D8 RS – 7:14.89
Donkervoort D8 GT

The Donkervoort D8 RS (D8 GT pictured) looks like a Caterham Seven on steroids but a 267bhp turbocharged 1.8-litre Audi engine brings supercar performance levels out of the lightweight machine. The second and fastest of the car’s two lightning Nurburgring lap times was set in 2006.
6. Lexus LFA Nurburgring Package – 7:14.64s
Lexus LFA Nürburgring

The Lexus LFA is an engineering masterclass by Toyota with a carbonfibre body and a purpose-built V10 engine that revs to 9,000rpm. The Nurburgring Package models feature a 10bhp power boost to 563bhp, a recalibrated transmission and various other tweaks. It lapped the ‘ring in 7:14.64s back in 2011.
5. Dodge Viper ACR – 7:12.13
The track-biased Dodge Viper ACR

The Dodge Viper SRT10 has the kind of bonnet that can only hide a 600bhp V10 and that’s exactly what the ACR version used to attack the Nurburgring in 2011. With weight-saving modifications, enhanced aerodynamics and retuned suspension, the ACR model set a formidable 7:12.13s lap.  
4. Gumpert Apollo Sport – 7:11.57s

Awkwardly named and awkward to look at, the Gumpert Apollo makes up for any perceived lack of finesse with brutish pace. The Sport version set a 7:11.57 lap in 2009 powered by a 710bhp a twin-turbo V8 engine.
3. Nissan GT-R Nismo – 7:08.69s
Nissan GT-R Nismo front tracking

Nissan claims that the 7:08.69s lap time recorded by its monstrous 2015 GT-R Nismo is a Nurburgring lap record for a ‘volume production car’.
It’s certainly a more affordable and usable prospect than the majority of cars on this list but the record breaking GT-R Nismo was furnished with various “track options” to save weight and improve aerodynamics. The Nurburgring lap time is all about bragging rights, so who can blame Nissan for trying?
2. Porsche 918 Spyder (Weissach Package) – 6:57s
Porsche 918 Spyder 2014 front

While McLaren was being unusually coy about the Nurburgring lapping prowess of its P1 hybrid hypercar (it will only say that the P1 has done a sub 7-minute lap), Porsche rocked up and clocked a 6:57s lap in its 918 Spyder. 
With a combined 875bhp and 944lb ft of torque, the all-wheel-drive machine blitzed the ‘ring in September 2013.   
1. Radical SR8 LM – 6:48s

The 450bhp V8-engined Radical SR8 stretches the definition of a road-legal production car to the limit with a 690bhp per tonne power to weight ratio.
It looks like a race car and you certainly wouldn’t attempt to use one on the school run but it ticks the necessary boxes to qualify and completed an incredible 6:48s lap in 2009 to install itself at the top of the Nurburgring lap record tree.

Radical has actually held the Nurburgring production car lap record since 2005 when a standard SR8 recorded a 6:55s time. That remains the second fastest lap ever but for how long? Over to you, Ferrari LaFerrari and Konigsegg One:1. And come on McLaren, spill the beans on the P1's lap time - we know you want to.  


REPORT HERE
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BMW remains on track with sales and income, in 2013.

March 13, 2014, 11:20 am
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  • New highs for sales volume and Group earnings figures
  • All targets set for year achieved
  • Group revenues of € 76.06 billion in 2013
  • Profit before taxes increased to € 7.91 billion
  • Group net profit for year up to € 5.34 billion
  • Proposal to raise dividend to € 2.60 per share of common stock
With its fourth straight record year, the BMW Group’s strong performance continued during the past year despite a challenging economic environment worldwide. The company successfully maintained its position as the world's leading premium manufacturer.
"In 2013 we achieved new highs for sales volume and profit and have thereby reached the targets we set ourselves for the full year”, stated Norbert Reithofer, Chairman of the Board of Management of BMW AG, on Thursday in Munich.
Group revenues for 2013 totalled € 76,058 million (2012: € 76,848 million; -1.0%) and were thus marginally down on the previous year, with the difference due to exchange rate developments. Group profit before tax(EBT) increased by 1.4% to a new high of € 7,913 million (2012: € 7,803 million) despite increased investment in new technologies, greater competition and higher personnel costs. Group net profit rose by 4.5% to the new record value of € 5,340 million (2012: € 5,111 million).
The BMW Group increased deliveries to customers by 6.4% to 1,963,798 units (2012: 1,845,186 units), with all three brands registering all-time highs.
Record dividend of € 2.60 per share of common stock proposed
BMW AG is committed to sharing its success with its shareholders. The Board of Management and the Supervisory Board will propose to shareholders at the Annual General Meeting on 15 May 2014 that the dividend be increased to a new highest level of € 2.60 (2012: € 2.50) per share of common stock and € 2.62 (2012: € 2.52) per share of preferred stock. Based on these figures, the total distribution will rise to € 1,707 million (2012: € 1,640 million). The dividend rate is unchanged at 32.0% and is within the BMW Group's target corridor of 30 to 40%.
Automotive segment: EBIT margin at 9.4% in 2013
Automotive segment revenues rose by 0.6% to € 70,629 million (2012: € 70,208). Influenced by the above-mentioned factors – high expenditure for new technologies, increasing the product range and market launch costs as well as increased competition – EBIT decreased to € 6,657 million (2012: € 7,599 million; -12.4%). The EBIT margin came in at 9.4% and was thus in the upper half of the targeted corridor of between 8 and 10%. Segment profit before tax amounted to € 6,561 million (2012: € 7,170 million; -8.5%).
The BMW brand retained pole position in the premium segment in 2013, with worldwide sales volume up by 7.5% to 1,655,138 units (2012: 1,540,085 units). The BMW X1 as well as the BMW 3, 5, and 6 Series all asserted their positions as market leaders in their own segments.
Solid growth was recorded again for the BMW X1, with sales volume up by 9.2% to 161,353 units (2012: 147,776 units). The BMW X3 performed well again and recorded a 5.0% increase to 157,303 units (2012: 149,853 units). Sales of the BMW X5 were only slightly down on the previous year at 107,231 units (2012: 108,544 units; -1.2%) despite the model change (the new BMW X5 has been available since mid-November).
The BMW 3 Series remained a major source of growth in 2013, with sales rising by 23.0% to 500,332 units (2012: 406,752 units). The success story of the BMW 5 Series continued over the twelve-month period, during which 366,992 units (2012: 359,016 units; +2.2%) were sold. The BMW 6 Series was also able to make significant progress, with sales up by 19.4% to 27,687 units (2012: 23,193 units).
MINI similarly set a new sales volume record in 2013, with worldwide sales edging up by 1.2% to 305,030 units (2012: 301,526 units). The new generation of the MINI will make its appearance in the showrooms from spring 2014 onwards. The MINI Hatch, at the end of its model life-cycle, still managed to achieve a sales volume of 128,498 units in the past year (2012: 131,569 units; -2.3%). Sales of the MINI Countryman were roughly at the previous year's level, with a total of 101,897 units sold (2012: 102,271 units; -0.4%).
Rolls-Royce Motor Cars remained market leader in the ultra-luxury segment in 2013 and, with sales of 3,630 units (2012: 3,575 units; +1.5%), achieved a new sales volume record for the fourth year in succession.
The BMW Group recorded sales volume growth on nearly all continents in the past year. “The BMW Group's sales strategy is geared towards achieving an evenly balanced distribution of worldwide sales across the three main regions of the world to avoid overdependence on any single market”, commented Reithofer.
At 859,546 units, sales in Europe – the BMW Group's largest sales region – were almost at their previous year's level, despite challenging business conditions in some countries (-0.7%).
For the first time, the number of vehicles sold by the BMW Group in Asia exceeded the half-million mark. Sales in the region grew by 17.3% to 578,678 units, helped by a 19.7% rise on the Chinese mainland to 391,713 units.
The BMW Group continued to perform well in the Americas region, with deliveries to customers up by 9.0% to 463,822 units, including 376,636 units sold in the USA (+8.1%).
Motorcycles segment also sets new sales volume record
Sales volume, revenues and earnings of the Motorcycles segment rose in 2013. Revenues edged up by 0.9% to € 1,504 million (2012: € 1,490 million). EBIT rose to € 79 million (2012: € 9 million) and profit before tax to € 76 million (2012: € 6 million). Segment earnings in 2012 were impacted by expenses incurred in realigning the Motorcycles business. Despite challenging market conditions, a new sales volume record was set for 2013, with the number of BMWmotorcycles delivered to customers reaching a new of level of 115,215 units (2012: 106,358 units; +8.3%).
Good progress made by Financial Services segment
The Financial Services segment continued to perform well during the past year. Revenues increased by 1.7% to € 19,874 million (2012: € 19,550 million). Profit before tax amounted to € 1,639 million (2012: € 1,561 million), 5.0% ahead of the previous year.
The number of new contracts within the credit financing and leasing lines of business grew worldwide by 9.7% to 1,471,385 contracts (2012: 1,341,296 contracts). The portfolio of lease and financing contracts in place with dealers and retail customers at 31 December 2013 climbed by 7.4% to a total of 4,130,002 contracts (2012: 3,846,364 contracts).
Workforce size increased – record number of apprentices
In 2013, the BMW Group trained more young people than ever before, employing a total of 4,445 apprenticesworldwide. Reithofer commented: “We consider training to be an investment in the future of the company and in society”.
The size of the workforceincreased by 4.2% in 2013, reflecting both dynamic growth in business volumes and the rapid pace of innovation. At the end of the reporting period, the BMW Group had a worldwide workforce of 110,351 employees (31 December 2012: 105,876 employees). The increase is due to the growing need for engineers and skilled workers in order to keep pace with continued strong demand on the one hand and to push ahead with innovations and develop new technologies on the other.
BMW Group in fourth quarter 2013
BMW Group revenues in the last quarter of 2013 totalled € 20,210 million and were thus marginally down on the previous year’s figure (2012: € 20,536 million; -1.6%). EBIT for the three-month period increased by 4.2% to € 1,951 million (2012: € 1,872 million), while profit before tax rose by 7.3% to € 1,889 million (2012: € 1,760 million). Profit after tax improved by 9.5% to € 1,306 million (2012: € 1,193 million). The total number of BMW, MINI and Rolls-Royce brand vehicles delivered to customers in the period from October to December grew by 3.5% to 527,620 units (2012: 509,684 units).
Automotive segment revenues in the fourth quarter were almost unchanged at € 19,325 million (2012: € 19,496 million; -0.9%). EBIT amounted to € 1,770 million (2012: € 2,054 million; -13.8%) and profit before tax to € 1,766 million (2012: € 1,899 million; -7.0%). The EBIT margin came in at 9.2%.
Fourth-quarterMotorcycles segment revenues totalled € 269 million (2012: € 274 million; -1.8%). The segment reports negative EBIT of € 14 million (2012: negative € 73 million) and a pre-tax loss of € 14 million (2014: loss of € 74 million).
Financial Services segment revenues increased by 0.5% in the final quarter of 2013 to € 4,992 million (2012: € 4,968 million). EBIT jumped by 25.5% to € 335 million (2012: € 267 million) and profit before tax by 19.9% to € 325 million (2012: € 271 million).
BMW Group forecasts further sales volume growth in 2014  
The BMW Group is striving to increase worldwide sales volume further in 2014. “We forecast further sales volume growth in the current year which will again bring us a new all-time high. In doing so, we should exceed the threshold of two million vehicles”, stated Reithofer.
Supervisory Board
The Supervisory Board will propose to the Annual General Meeting that the Supervisory Board members Franz Haniel, Susanne Klatten, Dr. h.c. Robert W. Lane and Stefan Quandt be reelected for a mandate period of five years each and Wolfgang Mayrhuber for a mandate period of three years.
Further information on the Group Financial Statements 2013 and the outlook for the current year will be available at the BMW Group's Annual Accounts Press Conference to be held on 19 March 2014 in Munich.
The BMW Group – an overview
20132012*Change in %
Deliveries to customers1,963,7981,845,1866.4
Automotive
Thereof:
BMWunits1,655,1381,540,0857.5
MINIunits305,030301,5261.2
Rolls-Royceunits3,6303,5751.5
Motorcyclesunits115,215106,3588.3
Workforce1110,351105,8764.2
Revenues€ million76,05876,848-1.0
Thereof:
Automotive€ million70,62970,2080.6
Motorcycles€ million1,5041,4900.9
Financial Services€ million19,87419,5501.7
Other entities€ million6520.0
Eliminations€ million-15,955-14,405-10.8
Profit before financial result€ million7,9868,275-3.5
Thereof:
Automotive€ million6,6577,599-12.4
Motorcycles€ million799-
Financial Services€ million1,6431,5585.5
Other entities€ million4458-24.1
Eliminations€ million-437-94954.0
Profit before tax€ million7,9137,8031.4
Thereof:
Automotive€ million6,5617,170-8.5
Motorcycles€ million766-
Financial Services€ million1,6391,5615.0
Other entities€ million1643-
Eliminations€ million-527-93743.8
Income taxes€ million-2,573-2,6924.4
Net profit€ million5,3405,1114.5
Earnings per share2 €8.10/8.127.75/7.774.5/4.5
Dividend per share of common/preferred stock€2.60/2.622.50/2.52-
* Prior year figures partially adjusted in accordance with the revised IAS 19
1 Figures exclude dormant employment contracts, employees in the work and non-work phases of pre-retirement part-time working arrangements and low wage earners
2 Earnings per share of common /preferred stock
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New Ferrari Land to open in Spain, in 2016

March 13, 2014, 11:38 am
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PortAventura Entertainment S.A.U., a subsidiary of Investindustrial, has signed a licencing agreement with Ferrari to build Ferrari Land, a new Prancing Horse theme park, inside the PortAventura resort and theme park outside Barcelona in Spain.
Ferrari Land will cover 75,000 square metres and include a variety of new and exciting attractions for Prancing Horse enthusiasts of all ages, including Europe’s highest and fastest vertical accelerator. An opportunity for the whole family to experience and discover the world of Ferrari.  

More good news is that the first Ferrari-themed hotel is also to be built inside PortAventura and will be a luxury five-star establishment with 250 rooms, restaurants and a driving simulator.
The project will involve an overall investment of 100 million euros and the Ferrari theme park itself officially opens in 2016. PortAventura already welcomes 4,000,000 visitors a year, of whom 50% come from outside Spain.
Acquired in 2009 by Investindustrial, PortAventura has been going from strength to strength and is now the Mediterranean’s top amusement park as well as the second-ranked in Europe, thanks in large part to an investment of over 125 million euros spread over a four-year period in addition to the initial sum invested in the purchase.

Andrea C. Bonomi, Senior Partner Investindustrial, explained the motivation behind the partnership with Ferrari thus: “PortAventura is one of the leaders in Europe’s tourism sector, while Ferrari is an iconic company that represents the very best of Made in Italy. The synergy between the two groups creates a powerful combination that means we can offer clients of both brands a unique experience. We are proud to be able to make this contribution to fostering the growth of the Ferrari brand and Made in Italy across the world. This partnership has been made possible by Investindustrial’s ongoing investment plan and the talents of the Italian management team brought in from Gardaland who have turned PortAventura into Europe’s best destination resort. Our recent collaboration with Cirque du Soleil, this new agreement with Ferrari and our partnership with KKR will help us expand PortAventura even further in the longer term.  The agreement with Ferrari is another essential stage in our strategy of positioning PortAventura as one of the best family destination resorts in the world.”
Andrea Perrone, CEO of Ferrari Brand, the Ferrari subsidiary company that manages the Prancing Horse’s brand-related activities, added: “After the success of Ferrari World in Abu Dhabi, we received many, many requests to develop new amusement parks. We carefully sifted through the various proposals and decided to accept Investindustrial’s because it is a very solid plan developed by competent people that will bring the magic of Ferrari to Spain, a nation where we have many supporters and enthusiasts, and to which large numbers of tourists flock each year, in part thanks to PortAventura. This new licence further underscores our brand’s presence in this area. Ferrari Land will delight the whole family and not just Formula 1 fans. We will continue to evaluate other proposals for theme parks outside Europe at our leisure: the brand is our most important asset and we have to enhance its value without diluting it.”

Sergio Feder, Executive President of PortAventura, also declared: “After our successful experience with Gardaland (Italy’s leading amusement park with almost 3.5 million visitors a year), we developed a long-term business development plan with Investindustrial to make PortAventura one of the best family destinations in Europe.  Right from the start we have always been clear about our desire to develop the resort with high-profile international brands to ensure we achieve our target of around 5 million visitors a year.  Ferrari was an obvious choice for this, not merely because of what the brand itself represents but also because of its experience with the Ferrari World Park at Abu Dhabi. It is also a source of great pride to us to be able to support such a world-famous and internationally-respected brand.”
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New bespoke luggage for Jaguar's F-Type.

March 13, 2014, 11:44 am
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  • Jaguar has collaborated with luxury French luggage label Moynat to produce a bespoke trunk designed specifically to fit the Jaguar F-TYPE convertible sports car
  • The one-of-a-kind piece was created to celebrate the opening of Moynat’s first boutique outside Paris
  • The unique trunk was unveiled at the boutique’s official opening in London last night
Jaguar has collaborated with luxury French luggage label Moynat to produce a bespoke trunk designed specifically to fit the Jaguar F-TYPE.  The one-of-a-kind piece was created to celebrate the opening of Moynat’s first boutique outside Paris.  It was unveiled at the official launch of Moynat’s Mount Street store in London last night.

Since its inception in 1849, Moynat has become renowned for production of made-to-measure luggage and travel accessories. The company specialises in designing custom trunks to match the paint finishes and fit the contours of various vehicles.  The most famous example is the Limousine trunk, patented in 1902, with its curved bottom designed to fit on the roof of an automobile.

Moynat’s artistic director, Ramesh Nair, created the new concept piece with Jaguar, which itself is inspired by the Limousine trunk.  Nair commented: “It was a pleasure to collaborate with Jaguar to create this piece. Our brands share a commitment to beautiful design combined with quality and functionality – qualities which are espoused in this bespoke trunk.”

The trunk fits perfectly into the F-TYPE boot, with the signature curves of the Moynat House. It took more than 900 working hours for the design and careful production of the trunk.  The structure is moulded to form by hand with eight layers of wood. This is then covered by vegetal dyed leather in slate grey to match the car body, lined in mandarin orange colour, the signature colour of Moynat.  Inside the trunk, an electric scooter is provided for use in urban areas.

In addition, Jaguar offers a range of bespoke F-TYPE luggage, including a five-piece range comprising two suitcases, laptop bag, garment bag and wash bag – each designed specifically to fit the boot space of the F-TYPE.  Further details can be found at https://shop.jaguar.co.uk/f-type-collection.
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Jaguar Land Rover USA announces sales for February 2014, and very good they are too !

March 14, 2014, 1:43 am
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  • Jaguar Land Rover North America increases 10 percent in February, for its best February sales month result since 2005
  • Land Rover brand has its best February sales ever 
  • Range Rover Sport and Range Rover have best February sales ever
  • Jaguar continues growth streak with 35 percent growth in February on XF sales, up 52 percent
  • Jaguar launches F-TYPE Coupe with British Villains campaign, debuted on broadcast of Super Bowl XLVIII
Jaguar Land Rover North America today reported February 2014 U.S. sales: Jaguar sales were 1,552 units, 35 percent up from 1,148 units in February 2013; Land Rover sales reached an all-time February high of 4,006 units, up 3 percent from 3,905 units in February 2013. Jaguar Land Rover North America February U.S. sales for both brands hit 5,558 units, a 10 percent increase from 5,053 units in February 2013 and the company’s best February result since 2005.
 

"Jaguar Land Rover had a strong February despite difficult weather conditions,” said Joe Eberhardt, President and CEO, Jaguar Land Rover North America. “We are especially pleased in the continued strength of each brand’s volume leaders, the Jaguar XF sedan and the Land Rover Range Rover Sport.”
 

For the complete year 2013, Land Rover sales achieved an all-time high of 50,010 up 15 percent from 2012; Jaguar sales for the year were 16,952 up 41 percent from 2012; Jaguar Land Rover North America sales for the year were 66,962; up 20 percent from 2012.
 
U.S. BRAND HIGHLIGHTS
 
Land Rover
 
The all new Range Rover Sport hit a record February high of 1,464 units, up 16 percent from 1,261 in February, 2013.  The new Range Rover Sport has received multiple awards for its breadth of capability including Petersen’s 4-Wheel & Off-Road ‘4x4 of the year’ and Road & Track’s ‘Best Cars’ list in the SUV category.
 

Range Rover also set an all-time February high with sales 869 units, up 5 percent from 825 in February, 2013. The Range Rover was awarded the 2014 Polk Automotive Loyalty Award in the Luxury Full Size SUV category in February.
 

Land Rover's 2014 model year line-up features five models: The 240-hp 2.0 liter powered LR2 and Range Rover Evoque; the LR4 powered by the supercharged 340-hp V6; the Range Rover Sport and Range Rover, both available with the 340-hp V6 and 510-hp supercharged 5.0 liter V8 powertrains.
 
Jaguar
 
For the month of February, the Jaguar XF was the Jaguar volume and growth leader with 896 units sold (the highest ever February for XF), up 52 percent from 588 sales in February 2013. The current MY XF lineup includes the new 2.0T model as well as all-wheel-drive and V-6 options.
 

The F-TYPE convertible sports car added 322 units this month.  The F-TYPE Coupe was introduced at the Los Angeles International Automobile Show in February and goes on sale in spring, 2014.  The F-TYPE Coupe launch campaign, British Villains, kicked off with Jaguar’s first advertisement in the broadcast of the Super Bowl.  The 60 second spot, “Rendezvous,” has become Jaguar USA’s most popular YouTube video ever with 11.5 Million views.
 

For MY14 the transformed Jaguar U.S. lineup includes:
  • Instinctive All Wheel Drive™ – Available on both the XF and XJ
  • Supercharged 340hp V6 engines in the XF and XJ
  • Turbocharged 240hp four cylinder engine available in the XF
  • Eight Speed ZF® Automatic Transmissions on all XF and XJ models
  • Auto Engine Stop/Start on select XF and XJ models
The 2014 Jaguar line-up features four models: the Jaguar XJ luxury sedan, powered by a 340-hp supercharged V6 in rear-wheel or all-wheel-drive configuration, a 470-hp supercharged V8 or a 550-hp supercharged V8 in the XJR model. The Jaguar XF sports sedan powered by a 240-hp turbocharged four cylinder, a 340-hp supercharged V6 in rear-wheel or all-wheel-drive configurations, a 470-hp supercharged V8, a 510-hp Supercharged V8 in the XFR and a 550-hp Supercharged V8 in the XFR-S. 

The XK coupe and convertible grand touring cars are powered by either a 385-hp V8 or a 510-hp supercharged V8 in the XKR. Jaguar also offers its highest performance models ever, the 2014 Jaguar XKR-S coupeand convertible with a 550-hp supercharged V8.  The 2014 MY Jaguar F-TYPE convertible comes in three variants, 340-hp F-TYPE, 380-hp F-TYPE S and 495-hp F-TYPE V8 S.
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All New, All MINI, All the same, looks like a childs Toy.

March 14, 2014, 7:25 am
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  • Contemporary evolution of classic MINI design, with improved features and higher quality
  • Debut of new ground-breaking three-cylinder engines
  • State-of-the-art connectivity and premium technology, including new driver assistance equipment
  • New interactive central display using LEDs
  • Outstanding MINI handling makes it even more fun to drive
  • Built in Oxford, available at MINI dealers nationwide 15 March 2014
  • MINI One Hatch priced from £13,750 OTR
Even though the new MINI Hatch is instantly recognisable – something which comes from having such a globally identifiable design – the car is completely new from the ground up. Every component has been back to the drawing board in an effort to optimise its function, performance and style.

The result is ‘The New Original’, a MINI which is distinctly familiar but enhanced in every single way. It features significant improvements in technology, engine efficiency and power delivery, driving dynamics, quality and – of course – personalisation. Inside, the new MINI Hatch is quieter than the outgoing model, with improvements to acoustic refinement inside the cabin.
The new MINI Hatch is more spacious than before, safer, finished to an even higher standard and provides the driver with a more dynamic and performance-oriented experience behind the wheel.
Inside the cabin, new technology ensures that the new MINI is the most connected car in its segment. A new central LED display, the first of its kind, provides the driver with visual feedback whilst operating the car and creates a premium ambience. It reflects a maturity and confidence in the brand’s design and engineering, a car which pays tribute to its unique British heritage yet stands ready to lead MINI into the second half of this decade and beyond.
New MINI in detail
Exterior: unmistakable design, contemporary style
The body of the new MINI is 3,821mm long (MINI Cooper S is 3,850mm), 1,727mm wide and 1,414mm tall. This makes it 98mm longer, 44mm wider and 7mm taller than its predecessor. The wheelbase has been extended by 28mm, while the track width has been enlarged at the front by 42mm and at the rear by 34mm.  



Behind the changes, the new car has classic MINI proportions and an instantly familiar design that’s packed with character. Traditional cues such as the hexagonal contour of the radiator grille, circular headlights, ‘side scuttle’ indicator surrounds, upright rear light clusters and black lower body edging have all been subtly reinterpreted.
In profile, the tapering line of the glasshouse creates a dynamic wedge shape. Below, a visual link between the front and rear wheel arches comes via a striking lower sill line and upper character line, which feature downward curves at both ends.
The new MINI is the first car in its segment to offer the option of LED headlamps for both dipped and main beam. They are surrounded by an LED daylight driving ring, the lower section of which reaches down to the white turn indicators. The rear light clusters also feature an all-LED design.
Five new exterior colours have been added to MINI’s already extensive palette, while the roof and exterior mirror caps can be finished in a contrasting colour, black or white, as a no-cost option. Roof rails are available for the new MINI for the first time. Other ways of adding a touch of individual style include black or white bonnet stripes.

Interior: hallmark MINI style, new display and operating concept
The new MINI’s exterior dimensions mean greater room for up to four occupants and their luggage, including enhanced shoulder space and larger footwells. The front seats have been given a wider adjustment range, and the base has been lengthened by 23mm for additional comfort and support. A choice of fabric or leather finishes, or a combination of both, is available. It’s also easier than ever for rear seat passengers to gain access to the back.
The rear bench seat back can be split 60:40. For even greater practicality, the optional storage package includes a luggage compartment floor which can be locked into place at various points and the rear seat backrest features tilt-angle adjustment. Boot volume has been increased by more than 30 per cent to 211 litres. Numerous cup holders and storage facilities make life easier for occupants.
With an instantly recognisable design, state-of-the-art functionality and premium colour/material combinations, there’s no mistaking the dashboard of the new MINI Hatch. The horizontal structure of the cockpit, linked to circular and elliptical details, remains, but has evolved to take on a more sophisticated form.
At the heart of the design changes is a new display and operating concept, illustrated by the instrument cluster on the steering column. Speed, revs and fuel level are displayed on vertically arranged circular dials. The speedometer scale includes a colour panel for messages and vehicle status displays.

The iconic central instrument now has extended functionality. Depending on the optional equipment chosen, it can serve as a four-line TFT display as standard or optional colour screen up to 8.8-inches showing vehicle functions, infotainment, navigation and MINI Connected services. Selection of these functions is performed via a choice of two new controllers, the MINI Controller or MINI Touch Controller, fitted in the centre console which come in conjunction with MINI Visual Boost Radio or the MINI Navigation System.
Groundbreaking LED lighting around the new MINI Hatch’s central instrument provides visual feedback to the current situation on the road and to specific operational steps, according to the driver’s preference. For example, when Park Distance Control is activated, the remaining distance to obstacles is shown by means of a ring of light which is illuminated in green, yellow or red - supplementing the graphic display. A change in the car’s driving mode confirmed by LED units which light up in green, orange or red. Route guidance information provided by the MINI Navigation System is also visually supported by the illuminated ring: the closer the car gets to the turn-off point, the smaller the lit-up area around the edge of the central instrument.
Keyless-go is now standard across the MINI Hatch range. The start/stop toggle switch located in the middle of the centre console features a heartbeat illumination which pulses before the engine is started. A number of switches have been relocated for improved usability, including those for the electric windows, which are now integrated into the door trim.
Powertrains: three all-new engines, three all-new gearboxes
The new MINI Hatch features a range of three entirely new engines, each featuring MINI TwinPower Turbo Technology to increase driving fun and improve environmental efficiency. The trio all offer improved performance figures, with maximum power across all three variants produced lower down the rev range, while fuel consumption and emission levels have been reduced by as much as 27 per cent when compared to their predecessor models. All meet the stringent EU6 exhaust emissions criteria.

The new MINI Cooper Hatch has a three-cylinder petrol engine with a peak output of 136hp. The new MINI Cooper S Hatch is powered by a four-cylinder petrol engine which develops 192hp. The new MINI Cooper D Hatch comes with a three-cylinder diesel engine with an output of 116hp. For fuel efficiency this latter model is the undoubted star performer, with average combined economy of 80.7mpg using the EU test cycle.
Engine   MINI
One
Hatch		MINI
One D
Hatch		MINI
Cooper
Hatch		MINI
Cooper D
Hatch		MINI
Cooper S Hatch
Type/no. of cylinders/valves in-line /
3 / 4		in-line /
3 / 4		in-line /
3 / 4		in-line /
3 / 4		in-line /
4 / 4
Capacitycc11981496149914961998
Bore/strokemm78.0 / 83.678 / 83.82.0 / 94.684.0 / 90.082.0 / 94.6
Compression:11116.511.016.511.0
OutputkW/hp75 / 10270 / 95100 / 13685 / 116141 / 192
at engine speedrpm4250 - 600040004500 – 600040004700 – 6000
Torque (with overboost)Nm180220220)270280
at engine speedrpm1400-40001750 - 22501250 – 400017501250 – 4750
A six-speed manual transmission comes as standard featuring rev matching on downward shifts. A six-speed automatic transmission is available as an option on each engine. The automatic transmission sees efficiency improvements against the outgoing model, making a significant contribution towards reducing CO2levels. For example, the outgoing MINI Cooper D Automatic Hatch produces 135g/km CO2 with the new MINI Cooper D Hatch producing 98g/km CO2, a reduction of 38% against the outgoing model. TMW QUOTE - SO MINI ARE COMPARING A MANUAL TO AN AUTOMATIC TO GET THE 38% REDUCTION - THAT'S A BIT MISLEADING ISN'T IT ?
Both transmission systems are newly developed. The auto features an engine start/stop function for the first time, preventing unnecessary fuel consumption. When used in conjunction with the MINI Navigation System, it’s able to take account of the selected route profile and control gear shifts. Based on navigation data, the appropriate drive position is selected to match the road ahead, preventing unnecessary upshifts.
Now on the options list is a third transmission, a six-speed sports automatic transmission which enables even shorter shift times, features rev matching on downward shifts and can be operated in manual mode using shift paddles behind the steering wheel.

MINIMALISM environmental technologies continue to feature on all MINI vehicles, and the new Hatch is no exception. Designed to reduce fuel consumption, the suite of standard features includes a shift-point display function on manual cars and optimised preheating process on the diesel. Brake energy recuperation and need-oriented control of the fuel pump, coolant pump and other ancillary units feature on all models.
Optimised suspension: less weight, even more fun to drive
The suspension in the new MINI has been extensively revised. A new single-joint spring strut axle at the front and a multi-link axle at the rear intensify the MINI Hatch’s unique handling properties.
In order to reduce weight and increase component rigidity, the new front axle is fitted with aluminium swivel bearings as well as axle supports and wishbones made of high-strength steel. This supports the agile turn-in response and precise steering of the new MINI. At the rear, the share of high-strength steel used in the axle has been increased.
All improvements are aimed at intensifying the MINI’s handling responses, better known as that famous ‘go-kart’ feeling. Engineers have worked hard on the suspension to improve the acoustic refinement in the MINI’s cabin and eliminate vibrations from the road surface after chassis testing on UK roads.
Also new to the car is Variable Damper Control. Available as an option, it presents drivers with the choice of two distinct set-ups, a more comfort-oriented response or a more sporty and firm one.
The new MINI Cooper Hatch and MINI Cooper D Hatch ride on 15-inch forged light alloy wheels, which have low weight and excellent aerodynamics. The MINI Cooper S Hatch is fitted with 16-inch light alloy wheels as standard. Rims up to 18 inches in diameter are available as optional extras.

Highly resilient bearing structures, deformation zones and an extremely stable passenger cell are all part of the new MINI’s design. Together these provide an excellent basis for keeping impact energy away from passengers and ensuring maximum occupant protection. The standard safety fittings include front and side airbags as well as curtain airbags for the front and rear seats, automatic passenger airbag deactivation and front and rear ISOFIX. The aim is to achieve maximum scores on all the relevant crash tests worldwide.
High-end features for comfort, functionality and individual style
The increased standard specification on the new MINI includes electrically adjustable exterior mirrors, air-conditioning, door sill cover strips with a model-specific inscription, front fog lamps, onboard computer, MINI Radio including aux-in, USB interface and Bluetooth. These can be supplemented with a range of desirable options for comfort, convenience, additional functionality and customisation. They include two-zone automatic air-conditioning, heated front seats, panoramic glass roof, visibility package including windscreen heating, rain sensor and automatic light control, a Harman Kardon hi-fi speaker system and a sports leather steering wheel. Other options include Park Distance Control, electrically heated and folding exterior mirrors, and both interior and exterior mirrors with automatic anti-dazzle function.
MINI Connected: more connected than ever
MINI Connected or MINI Connected XL is also available in conjunction with the MINI Visual Boost Radio and the MINI Navigation System. It offers extensive integration of smartphones inside the car, enabling the use of internet-based services in the areas of infotainment, communication and driver experience. This functionality is provided via a diverse and continually expanding number of apps which are downloaded to a connected smartphone.

MINI Connected XL includes the Journey Mate function for networked navigation, with Real Time Traffic Information.
In future, both the MINI Connected app and MINI Connected-ready apps supplied by third-party providers will be available not just for the Apple iPhone but also for smartphones using the Android operating system.
MINI Connected remains the access point for vehicle-related functions such as Mission Control, Dynamic Music, Driving Excitement and the MINIMALISM Analyser. MINI Connected is also the way into online-based services such as web radio, the use of social networks including Facebook, Twitter, foursquare and Glympse, receiving RSS news feeds and entertainment features such as AUPEO!, Stitcher, Deezer, Audible, Napster and TuneIn.
Another innovative feature is the Intelligent Emergency Calling (E-call). This new option is a first in the premium compact car segment, and is used to establish phone connections required for the use of optional functions such as Emergency Call. In the event of an accident, this system automatically detects vehicle location, accident severity and contacts a call centre to initiate fast and effective assistance.
The SIM card also enables use of MINI Teleservices. This class-leading telematics feature provides automatic transmission of service-related vehicle data to a MINI Service Partner of the customer's choice.

Driver assistance systems: new MINI, new technology
The new MINI Hatch signals the introduction of a range of technologies which are making their brand debut. They include the optional MINI Head-Up-Display which shows information relevant to the driver on an extendable monitor in the upper section of the dashboard. Also new is the Driving Assistant option, a camera-based cruise control and distance control function which automatically maintains a predetermined distance from the vehicle ahead. It includes a collision and pedestrian warning system with initial brake function, road sign detection and high-beam assistant. A rear view camera and parking assistant are also available for the new MINI for the first time.
In addition to ABS anti-lock brakes, electronic brake force distribution (EBD), cornering brake control (CBC) with brake assistant, the driving stability control system (DSC) in the new MINI includes a drive-off assistant, brake dry function, fading brake support and dynamic traction control (DTC). This latter system permits controlled slip at the drive wheels so as to facilitate driving off on loose sand or deep snow.
The new MINI Cooper S features a performance control system, which counteracts any tendency to understeer prior to reaching the threshold level, supporting an agile yet neutral driving response in corners.
MINI Driving Modes: a basis for fuel-efficient motoring
Another new innovation and brand debut is MINI Driving Modes, an optional extra on the new MINI Hatch. Using a rotary switch at the base of the gearstick or selector lever, drivers can swap from the default MID mode to either SPORT or GREEN. The three choices offer a set-up which is either performance-oriented, comfortable and well-balanced or geared towards fuel efficiency. The latter includes decoupling of the drivetrain – better known as ‘coasting’ – when the driver removes their foot from the accelerator pedal. MINI Driving Modes also influences the ambient lighting, shift characteristics of the automatic transmission and the Variable Damper Control if the option is selected.

Personalisation: more of what people love
MINI pioneered the concept of automotive personalisation and that spirit of individuality continues with the new Hatch. The list of interior and exterior customisable components, and the options for them, is extensive. Most popular are expected to be a John Cooper Works rear spoiler, various decorative trims for roof, exterior mirrors, bonnet, seat upholstery, interior surfaces and new Colour Lines.
Pricing
The new MINI Cooper Hatch starts at £15,300 OTR. This represents only a 2.61 per cent increase compared against the outgoing model and customers benefit from a host of additional equipment including adjustable exterior mirrors, air-conditioning, front fog lamps, onboard computer, MINI Radio including aux-in, USB interface and Bluetooth all as standard. The MINI Cooper D Hatch’s OTR price of £16,450 represents only a 1.64 per cent increase verses the outgoing model. Completing the range is the MINI Cooper S Hatch starting from £18,650.
Pricing   MINI One
Hatch		MINI One
D Hatch		MINI Cooper
Hatch		MINI Cooper
D Hatch		MINI Cooper
S Hatch
OTR cost £13,750£14,890£15,300£16,450£18,650
TMW QUOTE - SO THE MINI HAS INCREASED IN PRICE FROM THE ORIGINAL BY OVER £3,750, WHEN MINI ONE WAS LAUNCHED IT HAD A START PRICE OF £9,999 - SEEMS LIKE THIS CAR IS BECOMING A VERY EXPENSIVE HATCHBACK, AND THIS, THE THIRD GENERATION IS BY FAR THE WORST LOOKING - REMINDS ME OF A CHEAP PLASTIC TOY.
Customers choosing to finance the purchase of their new MINI can do so with a bespoke finance deal from MINI Financial Services.  A MINI Cooper Hatch with Pepper Pack and TLC Service Pack is available from as little as £207 a month with a £3,033.07 deposit over a 48 month term1.
MINI TLC: Topping up on care
With MINI TLC, customers benefit from comprehensive servicing cover for 5 years or 50,000 miles, whichever is reached first, for only £299.  This includes MINI MOT Protect, which means in the unlikely event their MINI should fail its first, second or third MOT, MINI will cover the cost of repair or replacement on an array of selected parts.
New MINI Hatch: Built in Oxford
The new MINI Hatch is built in Britain at Plant Oxford, a state-of-the-art facility which celebrated 100 years of car production in Oxford during 2013, which remains at the heart of the MINI manufacturing network. Plant Oxford received the lion’s share of a £750 million investment in the MINI Production Triangle which also includes Plant Swindon and Plant Hams Hall. Besides a new state-of-the-art bodyshop, Plant Oxford also benefitted from upgrades to its quality validation processes, to its paintshop and from a series of initiatives reducing the operation’s carbon footprint and improving its waste management processes.
The New Hatch launches at MINI dealers across the UK on Saturday 15th March 2014.
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THE Yamaha MT-07 is ready for new riders.

March 14, 2014, 7:37 am
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The new MT-07 has already impressed the world’s press with its blend of light weight, compact dimensions and responsive, 689cc twin cylinder engine. The MT-07 offers a unique blend of performance and handling that will satisfy even the most experienced riders and with a recommended price of £5199 it redefines the word ‘value’ in this competitive middleweight class. 

The chassis specifications, narrow seat and low dry weight of only 164kg, also make the MT-07 very attractive to new A2 licence holders and motorcycle training centers as a machines that offers the perfect introduction to the world of motorcycling. 
Free 35KW Restrictor Kit for new MT-07s 
Yamaha are therefore pleased to confirm the availability of an A2 35KW Restrictor Kit for the new MT-07 and MT-07 ABS models which complies with the 3rd Directive for Category A2 motorcycles. 

The 35KW Restrictor Kit can be provided and fitted free of charge as part of the normal PDI on all new MT-07’s, at the time of purchase by the supplying Yamaha dealer. The new owner receives a 35KW Certificate to confirm that the kit has been fitted and the new machine complies with the current A2 licence legislation. 

And of course the beauty of having a restrictor kit available is that once a rider has qualified for a full licence they can get their MT-07 derestricted and then experience the full potential of the MT engine. The M-07/ABS should therefore be able to satisfy the changing needs of new riders as they gain experience, without the need to sell and replace their machine for many years. 

The MT-07/ABS restrictor kit can also be ordered as a spare part from Yamaha dealers, so that secondhand machines can be restricted if purchased by an A2 licence holder. The kit has a recommended retail price of £124.99 ex VAT. 

MT-07 RSK – Riding School Kit 
Recognising that the restricted A2 version of the MT-07 also looks set to become a favourite with motorcycle training centres Yamaha has also developed a special RSK – Riding School Kit – package that turns the new MT into the perfect training machine. 

The kit includes a handlebar/levers protective cage and six heavy duty sliders to protect the frame and engine. These parts have been developed by Yamaha engineers having consulted schools across Europe and the parts are positioned in such a way as to protect all the vital components if a bike is dropped during low speed manoeuvring. 

There are many advantages of the official RSK kits: 

1.        The kit is made up of Yamaha Genuine Quality Parts 
2.        No modifications are required to the motorcycle 
3.        Quick and easy to fit to the motorcycle 
4.        Vital protection of the key engine and chassis components during a drop or fall over 
5.        The look and visual identity of the MT-07 is preserved. 
6.        Durable engineering and high quality materials are used 
7.        Kit and parts are available form Yamaha Europe central parts warehouse. 
8.        The four individual components of the kit can be ordered as spare parts 
The RSK kit will be available from authorised Yamaha dealerships during April 2014. The expected recommended retail price for the complete kit is £312.00 ex VAT. Individual prices for each of the four separate items in the kit will be published at a later date. 
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Porsche achieves record sales, income, and profits from fiscal year 2013

March 14, 2014, 7:52 am
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  • Porsche AG presents 2013 fiscal year results at annual press conference
  • Sales rose 15 per cent to 162,145 compared with the prior year
  • Operating profit rose six per cent to 2.58 billion euro on revenue of 14.3 billion euro
  • Operating return on sales of 18 per cent
  • Stuttgart sports car manufacturer now has almost 19,500 employees – highest ever number
  • CEO Matthias Müller: “the most successful year in the company’s history”
Dr. Ing. h.c. F. Porsche AG continued its success in the fiscal year 2013 and achieved record figures for deliveries, revenue and profit.
At 162,145 vehicles, deliveries were 15 per cent higher than the prior-year figure. Revenue climbed by three per cent to 14.3 billion euro. Operating profit rose by six percent to 2.58 billion euro. Headcount also reached its highest ever level, with an increase of 11 percent to 19,456 employees as of year-end.

At the Porsche AG annual press conference in Stuttgart today, CEO Matthias Müller emphasised that the sports car manufacturer “had not only continued to grow profitably, but had also done full justice to its role as technological leader by developing new technologies and launching fascinating products.”
In the fiscal year 2013, Porsche became the first company to present a plug-in-hybrid vehicle in the luxury class, the Panamera S E-Hybrid, as well as the first super sports car with high-performance plug-in hybrid drive, the 918 Spyder. In addition, Porsche unveiled the first sports car in the compact SUV segment, the Macan. Müller stressed that “with these vehicles, we have laid the foundation for continued future success” and added that “they were also a factor in making 2013 the most successful year in the company’s history.”
At the conference in Stuttgart, Lutz Meschke, member of the Porsche AG executive board in charge of finance and IT, emphasised that the sports car manufacturer’s “healthy cost structure and the long-term high earnings power were reflected in an operating return on sales of 18 per cent”.
Furthermore, the CFO highlighted that the net liquidity of the automotive division – i.e. its gross liquidity less financial liabilities and excluding the financial services business – improved significantly from minus 1.87 billion euro as of 31 December 2012 to minus 899 million euro as of 31 December 2013.
Meschke continued: “This brings us another big step closer to achieving our medium-term goal of re-paying our debt in full while financing growth from our cash flows from operating activities.”
At the press conference, Matthias Müller and Lutz Meschke expressed their conviction that Porsche AG will continue to grow in the current fiscal year 2014. In the first two months of the year, worldwide deliveries increased by three per cent to 23,286 vehicles. According to CEO Müller, “this positive trend will intensify in the course of 2014 and the market launch of the Macan in April will further increase the company’s sales.”
CFO Meschke added that the launch of the Macan entailed higher personnel costs and depreciation charges and that Porsche would also have to make considerable advance outlays on modern drive concepts in order to meet more stringent future emission standards worldwide. Meschke said that, despite this, “we are ideally equipped for the current fiscal year. Assuming that, despite unresolved structural issues, sales in Europe continue to stabilise, our goal in 2014 is to again achieve operating profit at least on a par with that of the prior year.”
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DATSUN is back, deliveries to start this week.

March 15, 2014, 11:38 am
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On March 19, the first Datsun cars sold in the 21st century will be delivered to customers in India. It fulfills a promise made two years ago to bring back the marque that made car ownership mainstream in Japan and numerous other countries, and now returns as the brand of choice for the risers in today's high-growth markets.

The first 21st century Datsun customers will be in India. They will be taking to the roads in their new Datsun GO exactly one hundred years from the launch of the first ever DAT car, in Japan. Over that century, Datsun went on to sell more than 20 million vehicles in 190 countries.

The keys to the new Datsun's will be handed over at celebration events planned for March 19 and March 20 in the Indian cities of Delhi, Chennai and Kolkata.
The Datsun GO will be offered through a network of more than 120 Datsun dealer outlets across the country. Detailed pricing will be announced on March 19th. As disclosed earlier, Nissan Motor Private India Limited will distribute Datsun vehicles in India.

Datsun is expanding rapidly around the world. New Datsun models will be introduced in Indonesia, Russia and South Africa later this year.
Datsun History
Datsun originated in Japan as DAT-GO (the DAT-car) almost a century ago in 1914. The word DAT means "lightning-fast" in Japanese but is also a reference to the first letters of family names of the three financiers who supported the business at the time: Den, Aoyama and Takeuchi. Using the same logic, it was promoted as Durable, Attractive and Trustworthy, or DAT for short.

In 1933, Nissan's founding father Yoshisuke Aikawa took over the business with a vision of "mobility for all." The introduction of a lightweight, economical yet resilient car to meet the aspirations of young Japanese people in the early 1930s was named the "son of DAT"– Datson - which later changed to Datsun. Local engineering and mass-production made the founder's dream a reality.
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Nissan is ready to shake up the 13th Beijing International Automotive Exhibition

March 15, 2014, 11:45 am
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  • World premiere of a new sedan concept that embodies Nissan’s global design strategy and strong commitment to China as one of Nissan’s most important markets
  • Cutting-edge vehicles and technologies on display, such as the BladeGlider concept and Autonomous Drive car
  • Nissan’s flagship sedan, Teana, celebrates its 10th anniversary in China
  • Further evolution of Nissan’s global motor show booth with three-layer theater style
  • Interactive communication with booth visitors using “Augmented Reality” during public days
Auto China 2014 runs from April 20 (press day) to April 29 at the China International Exhibition Center in Beijing. Nissan (China) Investment Co., Ltd. (NCIC), in cooperation with Dongfeng Nissan Passenger Vehicle Company (DFL-PV) and Zhengzhou Nissan Automobile Co., Ltd. (ZNA), will present an exciting line-up of more than 20 vehicles at Asia’s largest motor show of the year.

The star of the show will be a new sedan concept which will make its world premiere. Also featured will be the BladeGlider concept, making its Chinese debut, and Nissan’s latest global innovations, including the Autonomous Drive car.
Teana, Nissan’s flagship sedan, celebrates its 10th anniversary in China this year and a special edition Teana will be on display. The two latest introductions, the all-new X-Trail and the new NV200 Xtronic® transmission, are expected to draw attention from booth visitors.
Nissan will deliver to Auto China 2014 a further-evolved global motor show booth with a distinctive three-layer theater style. During public viewing days, visitors will be able to experience new interactive communications through “Augmented Reality” technology.
Media Center and site information will be available online starting today. Look for the latest news to be uploaded regularly at this URL until the end of the exhibition.
New Sedan Concept
Last year at Auto Shanghai 2013, Nissan unveiled the Friend-ME concept, attracting attention from both the media and the Chinese “Post-80s” generation through its provocative design and connectivity features. This year at Auto China 2014, Nissan will reveal a new sedan concept for the Chinese digital lifestyle. The concept expresses Nissan’s passion and focus in the world’s most dynamic auto market.
Subsequent to Friend-ME in 2013, this concept car will be the second time for Nissan Design China (NDC), Nissan’s newest global design center located in Beijing, to realize a concept car design in collaboration with the Nissan Global Design Center (NGDC) under the leadership and direction of Nissan Senior Vice President and Chief Creative Officer Shiro Nakamura.
BladeGlider Concept
BladeGlider redefines the driving experience with a unique center seat driver position, giving drivers and passengers alike a sense of automotive gliding. Highly aerodynamic, the narrow front and stable rear track reduce drag while generating downforce. The result is a powerful combination of road-hugging agility and hyper-efficiency. Heralded by global media as “cutting edge” and “awesome,” BladeGlider will make its local debut at Auto China 2014.
Autonomous Drive Car
Nissan revealed the autonomous driving technology in August 2013 when the company committed to being ready with multiple, commercially viable Autonomous Drive cars by 2020. The system will be deployed across the model range within two vehicle generations. Nissan's Autonomous Drive technology is an extension of its Safety Shield, which monitors a 360-degree view around a vehicle for risks, offers warnings to the driver and takes action if necessary.
Teana 10th Anniversary Special Edition
Celebrating the 10th anniversary of Teana in China, a special edition of Nissan’s global flagship sedan will be revealed at Auto China 2014. Teana has been leading the premium sedan segment in China, thanks to its class-above driving experience, combining comfort and agility.
All-New X-Trail
Following a successful unveil in China last month, the all-new X-Trail will be available for sale in late March and is expected to lead the growing SUV segment in China. Featuring a large console box for gear and flexible seating that can be configured in several ways to best accommodate cargo and passengers, X-Trail is spacious and user-friendly. Its spinal support seats are first in class, as are the Active Trace Control and 4x4i drive system, with Hill Start Assist, Advance Hill Descent Control and Yaw Moment Control.
NV200 Xtronic® transmission
Growing in popularity since its launch earlier this year to the worldwide taxi industry including New York and London, Nissan will showcase the innovative NV200 Xtronic® transmission at Beijing. Just launched in China in late February, the model is equipped with the innovative Xtronic® transmission system which reduces noise levels and fuel consumption, delivering benefits for drivers, passengers and the environment alike. 
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BMW: U.S. to wait for 2-series Active Tourer

March 15, 2014, 11:58 am
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BMW executives are convinced the new 2-series Active Tourer won't be a big seller in the United States, so they plan to wait at least 15 months before launching the vehicle there.
The five-door wagon, which shares its architecture with the new Mini Cooper hardtop, debuted this month at the auto show here and will go on sale in September in Europe. It is the first front-wheel-drive BMW car.
But U.S. buyers don't favor hatchbacks, says Frank Niederlaender, head of product management for BMW lower-series vehicles. They also want space, which the petite BMW has, but not enough to appeal in the United States, he said.
"We have to find the right timing," Niederlaender said.

BMW held back the slightly larger X1 crossover from the United States for three years because of its petite size. But the X1 has outperformed expectations. Last year, BMW sold 26,512 X1s in the United States, about 10,000 more than planned.Automotive News HomeAutomotive News Home
Still, Niederlaender said the even smaller 2-series Active Tourer is better suited for Europe.
At 171 inches long, the 2-series Active Tourer is 5.5 inches shorter than the X1. The 105-inch wheelbase is 3.6 inches shorter.
The Active Tourer is the first BMW to have a head-up feature that displays on a transparent screen that pops up above the steering wheel. The sharp angle of the windshield made it impractical to put the head-up display in the traditional lower left-hand side, Niederlaender said.
The Active Tourer is powered by BMW's new three-cylinder 1.5-liter engine that makes 136 hp. All-wheel drive will be an option.

REPORT HERE
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PSA to increase Peugeot 308 production to meet high demand

March 15, 2014, 12:14 pm
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PSA/Peugeot-Citroen will increase production of the Peugeot 308 hatchback after receiving 60,000 orders for the new model since its launch in October, the automaker said in a statement today.
PSA will hire 600 people, including 450 on temporary contracts, to staff a night shift at a plant in Sochaux, France, to meet high demand for the model, which last week won Europe's Car of the Year award at the Geneva auto show. The new Peugeot 308 beat six other vehicles, including BMW’s i3 electric compact, to take home the prestigious prize.

PSA said the shift, which will begin on June 2, will also support output of the 308 wagon variant, which will begin sales next month.
The hirings mark a possible turning point for PSA, which last year closed a factory in the Paris suburb Aulnay and has been working to eliminate 11,200 jobs in its home country.
The market share of Peugeot and its sister brand Citroen in Europe narrowed to 10.9 percent last year from 11.7 percent in 2012, according to figures from the ACEA regional industry group. Last month, the group's 7 percent gain in deliveries exceeded the market's 5 percent growth.

The Sochaux plant currently employs about 10,800 employees under permanent contract and 600 temporary workers, spokesman Jean-Charles Lefebvre said. The last time the site hired workers was in 2011. The plant produces the Peugeot 308, 508, and 3008 models alongside the Citroen DS5. The additional shift will increase daily production of the 308 by 180 vehicles to 1,563.
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