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New MINI teased again ahead of next week’s reveal (video)

The new MINI is being teased again ahead of its debut The all new MINI for 2014 is due to be revealed next week on the anniversary of the birth of its creator, Sir Alec Issigonis, and MINI are squeezing in another tease for their new baby ahead of its official debut. We’ve already had a couple of teases from MINI in the run up to the reveal – including a good look at the new MINI with the MINI Vision Concept – so we’ve got a good ideas of what’s in store for MINI buyers. What we get this time is plenty of moody shots in low light of the new MINI’s features to keep the interest going, although much of the DNA of BMW’s MINI are carried forward from the current MINI.

U.S. equity firm to invest $70 million in Saab

Race-car fan and private-equity executive Alex Mascioli is pumping $70 million into Saab as the Swedish automaker works to stay afloat. Mascioli's firm, North Street Capitol, is buying $10 million in shares of Swedish Automobile, which owns Saab, and is also giving the company a $60 million loan to pay for the carmaker's reorganization. U.S.-based North Street Capital struck a deal in September to buy the Spyker sports-car business from Swedish Automobile for $44 million.

MINI Baker Street and MINI Bayswater arrive

MINI Bayswater and MINI Baker Street Two new MINI Special Editions named after London districts arrive in the form of the MINI Baker Street and MINI Bayswater. MINI decided around this time last year that they would name all future limited editions after London districts, since which time we’ve had the MINI Hampton and MINI Pimlico followed by the MINI Soho and even the MINI London to get a bit of extra mileage out of BMW’s Olympics 2012 sponsorship. And now we get the MINI Baker Street and MINI Bayswater.