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Sunday, February 2, 2020

BMW Makes Major Decision About Mini - CarBuzz

As history has shown, BMW has launched a generation Mini about every six years. The current third-generation Mini hatch has been on the market since 2014, so you'd think it'd be correct to assume a successor should be coming just about any time. Thing is, it's wrong to assume in this business. Things change and automakers have to adjust. According to Reuters, BMW has put the next-generation Mini on hold as part of a cost-cutting effort due to uncertainty over Britain's trade relations with the European Union following Brexit. Until these trade issues have been fully worked out, long-term investment decisions are extremely difficult to make.

"The lifespan of this platform has been extended," BMW spokesman Maximilian Schoeberl said. "For costs reasons and because of Brexit." Unlike BMWs, which are mostly built in Germany and the US, Mini production takes place in Cowley, Oxfordshire, England.

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February 02, 2020 at 10:14PM
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BMW Makes Major Decision About Mini - CarBuzz
"mini" - Google News
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