(April 24, 2011) MUNICH — Mini has devised an eco-friendly solution to the parking space problem in city centers. The brand is celebrating the comeback of the folding bike with a modern version of the practical means of locomotion.

The special gimmick — when folded, the Mini Folding Bike fits into the boot of almost every vehicle — and most definitely into the Mini.

When traveling into the city, simply park the car outside the overcrowded city center, then continue on the bike and relax. Park & Ride with an environmentally conscious understatement.

When folded, it can be taken free of charge on public transport.

The Mini Folding Bike presents itself as a genuine high-tech vehicle with high-quality components, a light-weight aluminum frame and a clever folding mechanism, the ideal companion while traveling. Mini says the bike can be folded and unfolded in just a few seconds.

Here's how it works. The bike is folded along the crossbar and handlebars. In addition the saddle can be retracted and the pedals folded up. This makes the bike extremely easy to handle while saving space. Fitted in a sleeve under the saddle is a transport bag.

The Mini Folding Bike can easily match the riding characteristics of a “normal” bike. Weighing less than 11 kilos (about 24 pounds) and equipped with 8 gears and 20-inch wheels, it is quick and versatile.

The bike comes in matt black. Silver highlights are set by the Mini lettering on the crossbar, the brand logo on the handlebars and the Union Jack motif on the rear forks. Eye-catching are the bike chain and bell in bold neon yellow.

The Mini Folding Bike will be available in August.