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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.

2016 Rolls-Royce Dawn opens up in public [w/video]

This is the third time I've seen this exact car. Rolls-Royce first showed me the Dawn at a private residence in Beverly Hills, then I saw it behind closed doors in Pebble Beach. Now it makes its official public debut at the Frankfurt Motor Show, and even though the car is old news to me, it's drawing quite a crowd. Of course, there's always reason to get excited when someone says, "New Rolls-Royce." The Dawn is a really pretty, four-seat convertible. It shares a lot of its underpinnings with the Ghost and Wraith, but nearly 80 percent of the body panels are new. Under that long hood sits Rolls' 6.6-liter, twin-turbo V12, producing 563 horsepower and 575 pound-feet of torque, mated to the silky-smooth ZF eight-speed automatic transmission. Rolls-Royce says the Dawn will be its most versatile canvas yet, with nearly endless possibilities for customization. I like the blue and orange of the showcar, but I'm excited to see how different colors look on this nicely sculpted, elegant convertible. If you haven't checked out the Dawn already, see it from all angles in our live gallery above. Everything else you could ever want to know about the new Rolls-Royce can be found in the press blast, below. ROLLS-ROYCE DAWN – UNCOMPROMISED DROPHEAD LUXURY September, 8 2015 – Goodwood UK "Our new Rolls-Royce Dawn promises a striking, seductive encounter like no other Rolls-Royce to date, and begins a new age of open-top, super-luxury motoring. Dawn is a beautiful new motor car that offers the most uncompromised open-top motoring experience in the world. A true four-seater, it will be the most social of super-luxury drophead motor cars for those who wish to bathe in the sunlight of the world's most exclusive social hotspots. Quite simply, it is the sexiest Rolls-Royce ever built. The name 'Dawn' perfectly suggests the fresh opportunities that every new day holds – an awakening, an opening up of one's senses and a burst of sunshine. In its tentative, inchoate, anticipatory state, dawn is the world coming to light from the ethereal dark of the night. The early-day chill of dawn provides an erotic tingle on the skin, awakening the senses and passions as the day begins.

Not every Rolls-Royce Cullinan Black Badge comes in black

SPARTANBURG, S.C. — When Rolls-Royce recently unveiled the Cullinan Black Badge, the released press photos were of a very black car in a very black environment. But that did not match the car that was actually shown to the press. Quite the opposite, actually. The small event at the BMW Zentrum factory in South Carolina took place at night under a set of bright lights, and the car that came through the curtain wore a bright white body. We were fortunate enough to spend a brief time with the white Black Badge and snapped some photos of its details. As a reminder, all Black Badges have upgraded performance on top of the altered visual cues. Its twin-turbocharged 6.75-liter V8 has been upgraded to make 600 horsepower and 664 lb-ft of torque, and the brakes, suspension and exhaust have been retuned as well. We spent an extremely limited amount of time in the Black Badge, so we cannot offer full comments about how it drives, but we can say the exhaust offers a nice insulated grumble in "Low" mode, the quickness off the line doesn't make any sense for a vehicle its size (trust us, it is huge), and it seemed controlled while cruising up the curves onto the Blue Ridge Parkway in North Carolina, where these photos were taken.  The white paint exaggerates the parts Rolls-Royce darkens on all Black Badge models. The Spirit of Ecstasy, the grille surround, the inverted badging, the side frame finishers, the trunk handle, the trunk trim, the lower air inlet finisher, and the exhaust pipes have all gone black. Inside, this particular Cullinan has a red leather interior with patterned carbon fiber accents. It also has light contrast stitching, which includes infinity signs, a symbol used on Sir Malcolm Campbell's Rolls-Royce-powered Blue Bird K3 hydroplane. Check out all the details, including the built-in event seats in the trunk, in our massive gallery above. Featured Gallery White Rolls-Royce Black Badge Cullinan View 55 Photos Design/Style Rolls-Royce Luxury rolls-royce cullinan