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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 Wraith gets Inspired by Fashion

A little over a month ago, Rolls-Royce revealed a special-edition Wraith that was "Inspired by Film." Now the British luxury automaker has returned with another unique take on its fastback coupe in the form of the Inspired by Fashion edition. Unveiled at the Pratt Institute in New York – one of the country's top design schools – the Wraith Inspired by Fashion is well, just that. It features a tone-on-tone white exterior, complemented by the customer's choice of accent color: green, red, or purple. The accents are also applied inside, where the cabin is done up in white and black leather, with a unique steering wheel and clock, wood trim that takes nine days to complete, welt leather door panels, and special embroidery. If nothing else, the Inspired by Fashion edition just goes to show the extent of personalization options that await the Rolls-Royce customer, the vast majority of whom take advantage of those choices when ordering their new ride. ROLLS-ROYCE MOTOR CARS UNVEILS 'WRAITH – INSPIRED BY FASHION' 8 May 2015, Goodwood Rolls-Royce Motor Cars and the world of Haute Couture have long been bound by a common philosophy – to take the very finest materials and craft them into the most exquisite and desirable luxury goods, appointed to the customer's exact specifications. In this spirit, Rolls-Royce Motor Cars is delighted to unveil 'Wraith – Inspired by Fashion'. Fittingly, the marque's first showroom in Conduit Street, Mayfair was founded a short step from London's famous centre of tailoring excellence, Savile Row. Here, Sir Henry Royce and his partner The Honourable Charles Rolls echoed the offerings of their illustrious neighbours by providing London's most stylish denizens with the automotive equivalent of the finest cloths; a perfectly engineered Rolls-Royce chassis and running gear. The customer would then call upon their preferred coachbuilder, who would furnish the car with personal touches and accoutrements specified perfectly to their requirements. A century later, a bold new generation of customers continue to share the same appetite for commissioning expressions of their taste and lifestyle. 'Wraith – Inspired by Fashion' provides a modern take on this grand tradition. Akin to commissioning a fine suit or elegant piece of couture, the journey of creating a highly Bespoke Rolls-Royce motor car begins at the marque's equivalent of the tailor's atelier, the Bespoke Design Studio at the Home of Rolls-Royce in Goodwood, England.

Rolls-Royce Dawn dons Aero Cowling for the Geneva Motor Show

Rolls-Royce will not be bringing the Cullinan SUV to the Geneva Motor Show, but it is instead displaying four special takes on its existing portfolio. The most striking of these is the Rolls-Royce Dawn Aero Cowling. The titular leather-lined cowling made of carbon fiber and aluminum covers the Dawn's rear seats, effectively giving it the appearance of a two-seater, and is fitted with storage compartments. Rolls-Royce claims it is very light, but then the 570-horsepower V12 convertible weighs more than 5,600 pounds, so even a heavier decking setup would really only strain the person lifting it. In addition to the Dawn, Rolls-Royce has brought three custom Phantoms. The most restrained one is called "The Gentleman's Tourer," which features a two-tone grey and silver bodywork and a dark interior. The concept harkens back to 1930s Continental Saloons. The second one, a long-wheelbase Phantom, is called "The Whispered Muse," and it has the Dashboard Gallery option, featuring a silk motif. Rose Gold appears throughout the vehicle, including the Spirit of Ecstasy hood ornament — the first one finished in Rose Gold. The last Phantom, also a long wheelbase, is called "A Moment in Time," and its blue paint is a newly created hue. The three cars show off the customization capabilities of Rolls-Royce's bespoke division, and reportedly almost every customer will special-order their Rolls-Royce. Related Video: Featured Gallery Rolls-Royce Dawn Aero Cowling: Geneva 2018 View 14 Photos Related Gallery Rolls-Royce Geneva 2018 View 10 Photos Image Credit: Live photos copyright 2018 Drew Phillips / Autoblog.com Geneva Motor Show Rolls-Royce Convertible Luxury rolls-royce phantom 2018 Geneva Motor Show rolls-royce dawn