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BMW unveils new version of 'iconic' Mini;

  • 7df224cfe0dd7726430f6a7067002fcf.jpg

    Members of the media gather round the new Mini car as it is launched at the Mini Plant in Oxford, England, Monday, Nov. 18, 2013. (AP Photo/Matt Dunham) (The Associated Press)

  • 6ae7ac35e0dd7726430f6a7067007705.jpg

    Chief of Design for the Mini division of BMW, Anders Warming from Denmark points out a detail as he speaks about the new Mini car on stage as it is launched at the Mini Plant in Oxford, England, Monday, Nov. 18, 2013. (AP Photo/Matt Dunham) (The Associated Press)

  • 594c8f72e0dc7726430f6a7067000412.jpg

    Members of the media gather round the new Mini car as it is launched at the Mini Plant in Oxford, England, Monday, Nov. 18, 2013. (AP Photo/Matt Dunham) (The Associated Press)

  • 8360ede6e0da7726430f6a70670043ff.jpg

    Members of the media gather round the new Mini car as it is launched at the Mini Plant in Oxford, England, Monday, Nov. 18, 2013. (AP Photo/Matt Dunham) (The Associated Press)

  • 0e3005c5e0da7726430f6a7067003106.jpg

    Members of the media and dignitaries look at the new Mini car as it is launched at the Mini Plant in Oxford, England, Monday, Nov. 18, 2013. (AP Photo/Matt Dunham) (The Associated Press)

Car maker BMW has unveiled the newest version of its popular Mini — a quieter, longer and taller version of the iconic vehicle.

Prime Minister David Cameron has called the Mini a "classic British icon," and BMW is pumping 750 million pounds ($1.2 million) into the car's production in the U.K.

BMW — which has been manufacturing the Mini since 2001 — unveiled the new model on Monday in England, saying it is more spacious and safer, and offers drivers a "more dynamic and performance-oriented" experience.

The new car will go into production this week and be on sale in the U.K. in spring 2014 starting at around 15,000 pounds ($24,000). It will be offered in three versions: basic, diesel engine, and the Mini Cooper S.