2011 Rolls Royce Ghost $314 Msrp Diamond Black Rear Theatre Pano Roof on 2040-cars

Auto blog

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.

2021 Rolls-Royce Ghost Extended is a lavish living room on wheels

Rolls-Royce made the second-generation Ghost about 3.5 inches longer than its predecessor. If that's not enough, the British firm just unveiled a long-wheelbase variant named Extended that gains another seven inches. Company boss Torsten Muller-Otvos explained the Ghost Extended was developed for customers who want to be driven during the week, but who prefer to drive themselves on the weekend. His team's challenge was to carve out more space for the rear passengers without compromising the sedan's handling, or significantly altering its proportions. To that end, stylists extended only the rear doors and the sheetmetal around them. Rolls-Royce hasn't released images of the front part of the cabin; it's what's out back that counts. Business-class-like individual Serenity Seats are offered at an extra cost (even the ultra-rich have to tick option boxes), and the BMW-owned company proudly noted it allocated a spectacular amount of resources to developing the perfect in-car champagne cooler. Nestled between the rear seats, it has two operating modes: it chills non-vintage champagne to precisely 6 degrees Celsius, and vintage champagne to exactly 11 degrees. Rear-seat passengers can sit back, sip Dom Perignon Rose that costs as much as a Nissan Sentra, and enjoy more legroom than many people have in their living room. Only the Phantom Extended offers a more spacious cabin, the firm claims. Alternatively, they can work on-the-move thanks in part to the in-car Wi-Fi hotspot. Rolls-Royce made no mechanical changes, meaning the Extended uses the same 6.75-liter V12 as the standard-wheelbase model. It's twin-turbocharged to 563 horsepower and 627 pound-feet of torque, and it spins the four wheels via an eight-speed automatic transmission. All-wheel steering comes standard, and one of the most advanced suspension systems in the world ensures the Ghost delivers the Magic Carpet Ride buyers expect. Ghost Extended deliveries will begin during the fourth quarter of 2020. Rolls-Royce hasn't announced pricing information, but the sedan likely costs over $350,000 before options — and champagne — are factored in. Related Video: Featured Gallery 2021 Rolls-Royce Ghost Extended, official images View 10 Photos Rolls-Royce Luxury Sedan

Rolls-Royce CEO says demand for luxury cars is recovering

LONDON — The chief executive of Rolls-Royce said demand for his company's luxury cars is rebounding, helped by sales in Asia, and he is optimistic about the outlook for next year after the coronavirus pandemic hit consumer confidence and closed dealerships. Torsten Muller-Otvos said the demand meant Rolls-Royce was the first car company to resume car production in the United Kingdom on May 4. "We see a very fruitful business now coming back from Asia, also Europe is coming back on track, the Americas just delivered an excellent July result and August result," the boss of the BMW-owned Rolls-Royce Motor Cars told Reuters. "I am quite optimistic looking into 2021, particularly on the back of a very strong order bank we have already on our books." Muller-Otvos said his company has no plans to move production out of the United Kingdom because of Brexit. "We are committed to Britain. I would even call us being part of the British industrial crown jewels," he said. "For that reason, Rolls-Royce belongs to Britain."