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Rolls-Royce Ghost gets in the pink for breast cancer charity

Rolls-Royce has unveiled a special version of its extended-wheelbase Ghost, called FAB1, with the hopes of helping to raise more than one million pounds (roughly $1.5 million) for a UK charity named Breast Cancer Care. Over the next year, the FAB1 Million Project will see this pink Ghost used to raise money by renting it out for special events and occasions with all of the proceeds going to the charity.
More than just a pretty pink paint job, though, this Ghost demonstrates some of the bespoke options you can order from Rolls-Royce, including pink carpeting, pink leather, pink center caps and even a pink umbrella tucked into the door. The full press release for this Ghost can be found below.

Rolls-Royce starts a turf war in the Garden of Wraith

The Rolls-Royce Wraith would not be our first choice for hooning. Sure, it's god 624 horsepower channeled to the rear wheels, but it's an automatic, it costs the better part of $300,000 and it's laden with more leather, wood and carpeting than Harrod's. Leave it to Tax the Rich to toss it around then.
For those unfamiliar, the YouTube channel sporadically features videos of some of the most powerful and expensive pieces of automotive machinery being put up to no good. They've done the Ferrari 288 GTO, F50 (two of 'em, in fact) and Enzo and even the Jaguar XJ220 - twice - but now they've turned their attention to the most powerful Rolls ever, tossing it around the grounds of an old-world mansion estate like it was a Subie.

BMW warns profits will fall, plans $13.6 billion in cost-cutting

FRANKFURT, Germany — BMW said Wednesday that profits in 2019 will be "well below" last year's, and it will cut 12 billion euros ($13.6 billion) in costs by the end of 2022 to offset spending on new technology. The company said profits would be eroded by higher raw materials prices, the costs of compliance with tougher emissions requirements and unfavorable shifts in currency exchange rates. The Munich-based automaker also faces increased uncertainty due to international trade conflicts that could lead to higher tariffs. "Depending on how conditions develop, our guidance may be subject to additional risks; in particular, the risk of a no-deal Brexit and ongoing developments in international trade policy," said Chief Financial Officer Nicolas Peter. The company forecast a profit margin of 6 to 8 percent for its automotive business, short of the long-term strategic target of 8 to 10 percent, which it said still "remains the ambition" for the company if given "a stable business environment." BMW said it had no plans for layoffs even as it outlined cost saving measures that include dropping half of its engine variants as it seeks to reduce product complexity. The BMW, Mini and Rolls-Royce brands are to get a single sales division. Peter said that given the headwinds to earnings, "we began to introduce countermeasures at an early stage and have taken a number of far-reaching decisions." The company said the measures were needed "to offset the ongoing high level of upfront expenditure required to embrace the mobility of the future." Automakers around the world have faced heavy up-front costs for technology expected to change how people get from one place to another in the next decade. Those include electric cars and renting cars through smartphone apps. Yet the returns from such investments remain uncertain and auto companies face competition from tech firms such as Uber and Waymo. BMW made 7.2 billion euros ($8.2 billion) in net profit last year, down 17 percent from 2017, when it booked a gain of $1 billion from U.S. tax changes. The company faced headwinds from increased tariffs on vehicles exported to China from the United States. It also suffered from turmoil on the German auto market when companies faced bottlenecks getting cars certified for new emissions rules. BMW faces uncertainty from U.S.-China trade tensions that could result in new tariffs if talks do not result in an agreement. U.S.