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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 bringing one-off Serenity to Geneva

Rolls-Royce is bringing Serenity of the Phantom kind, not the Joss Whedon kind, to the Geneva Motor Show. In case being driven around in 19-feet of extravagance wasn't enough, the firm's Bespoke Design team has stitched together a silk interior inspired by its historic cars, European furniture and Japanese Royal Kimono designs. We're told the result is a "haven of tranquility," as if that weren't the case before. It's also called "the most opulent interior of any luxury car," which makes us think Rolls-Royce won't let us get within 30 feet of it with our half-finished convention hall coffee and ham sandwich. We'll start cleaning up for the privilege now; there's a press release below in the meantime. Show full PR text ROLLS-ROYCE MOTOR CARS TO BRING SERENITY TO THE 2015 GENEVA INTERNATIONAL MOTOR SHOW 12.02.2015 -- The Rolls-Royce Motor Cars stand at this year's Geneva International Motor Show will be a haven of tranquility as the celebrated marque brings Serenity to Switzerland. Celebrating the historical role played by silk as a symbol of regal and imperial power, the Rolls-Royce Motor Cars Bespoke Design team has created a magnificent one-off motor car which will set a new benchmark for luxury individualisation in the motor industry, and reaffirm that Bespoke is Rolls-Royce. Delivering authentic modern luxury, Serenity will reintroduce the finest of textiles to create the most opulent interior of any luxury car. This unique design demonstrates the levels of craftsmanship, creativity and attention to detail only Rolls-Royce Motor Cars can offer. The marque's Bespoke Design team has taken inspiration from the opulent interiors of Rolls-Royces that have conveyed Kings and Queens, Emperors and Empresses and world leaders throughout history, whilst using contemporary interpretations of European furniture combined with Japanese Royal Kimono designs to deliver a truly innovative, modern and tranquil Rolls-Royce interior. The new benchmark in super-luxury motor cars will be unveiled at a press conference in Hall 6 of the Geneva International Motor Show at 13.30hrs on 3rd March. The car will be on the stand for visitors to admire from 5th to 15th March. Design/Style Geneva Motor Show Rolls-Royce Luxury Sedan rolls-royce phantom

Rolls-Royce Wraith gets Inspired by Music for latest special

A favored status symbol of both old money and new, Rolls-Royce has counted some of the most famously wealthy personalities among its clients over the years. More than a few of them, of course, have been musicians – rock n' roll icons, in fact. And it's their legend from which the British automaker has drawn the inspiration for this latest special edition. Based on the Wraith fastback, the Inspired by Music edition is all done up in black and bronze. It's got a dark Lyrical Copper paintjob on the outside, and both brushed and polished copper trim throughout the interior. There's a bright book-matched copper dashboard, along with copper door inserts, speaker grilles, and more. Goodwood's customization department has also fitted it with woven leather floor mats and a special clock with a bezel designed to emulate vinyl records. Of course, it's also got what promises to be one of the finest sound systems in the industry. The Bespoke Audio setup packs 1300 watts of power and 18 speakers – including two subwoofers, seven tweeters, seven mid-range speakers, and two "exciter" speakers embedded in the headliner to round it all out. It even uses microphones to monitor sound levels inside and out of the vehicle, adjusting the volume and tone to compensate. This is the third such inspired Wraith special edition that Rolls-Royce has released. Back in May it released a rather different take in the white-on-white Inspired by Fashion edition. That was preceded in late March by the Inspired by Film edition. Each Wraith packs a 624-horsepower, 6.6-liter twin-turbo V12, making them the fastest, most powerful Rolls models to date. And if none of these particular special editions tickle your fancy, we're sure the company will create one for you to your own exacting specifications – assuming of course that you've got the means. Related Video: ROLLS-ROYCE WRAITH 'INSPIRED BY MUSIC' Rolls-Royce Motor Cars has contributed to the myth and legend of the contemporary music scene since the birth of Rock & Roll. Over half a century later, this long-standing love affair lives on, with some of the world's most celebrated artists choosing the marque as the ultimate affirmation of their success. In this spirit, Rolls-Royce Motor Cars is delighted to present Wraith 'Inspired by Music'. Since the launch of Wraith in 2013, customers have been able to commission their Rolls-Royce Wraith with Bespoke Audio; the most exhaustively designed sound system in automotive history.