BMW unveils new version of 'iconic' Mini;

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)

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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)

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)

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.

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