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BMW profit of $2.7B is down as automaker invests to keep luxury lead

Despite selling 6.6-percent more vehicles - a record by volume - and posting higher revenues in the second quarter of 2013, BMW Group's profit of 2.07 million euros ($2.75 billion) is down 8.8 percent from last year. Investments in new technology (e.g. the new i3) and personnel, in addition to a competitive market, are to blame, BMW states. But the automaker remains committed to its fiscal targets for 2013, which, Chairman of the Board of Management of BMW AG, Norbert Reithofer, says will be "on a similar scale to 2012."
The BMW brand's sales performance in the first half of the year, which increased by 7.7 percent to 804,258 vehicles delivered, was good enough for it to maintain its lead in the luxury market, narrowly beating Audi, which delivered 780,510 vehicles, Automotive News reports. Mercedes-Benz delivered 694,433 vehicles to cement third place.

Rolls-Royce Ghost meets its muddy maker in Jakarta flood

When severe weather or a natural disaster strikes an area, it's hard to get sentimental over trivial possessions like cars, but at the same time, as auto enthusiasts, it always pains us to see a rare car lost regardless of the circumstances. Heavy rains in Jakarta, Indonesia have produced the worst flooding in the city since 2007, which according to Reuters has left an estimated 18,000 people displaced from their homes in addition to six deaths, leaving the roadways covered covered in feet of water.
One of the many cars claimed by the rising waters was this Rolls-Royce Ghost that is surrounded by water that almost fully covers the massive wheels. There is no word as to how much water got inside this Ghost, but it was obviously enough that it could be bailed out by the bucket.

Watch this Rolls-Royce Phantom get grassy knees

Here's a pro tip: if you're going to fire your chauffeur, make sure he hands over the keys to your Rolls-Royce Phantom first. If you don't, you just might wind up with scene like the one in the video below on your hands. In it, some sprightly soul decides to eschew the beaten path for a quick frolicking over hill and dale in the luxury leviathan. The grounds will never be the same. Grass, mud and water are all sent scattering as the Rolls-Royce proceeds to pound the earth into submission.
There's also a few smoky burnouts thrown in for good measure. We can appreciate any shenanigans with a high-dollar automobile that don't end in wrinkled sheetmetal. You can check out the full glory of the sideways Phantom in the video below.