2020 Rolls-royce Dawn on 2040-cars

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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.

Rolls-Royce Black Badge Cullinan 'Blue Shadow' straddles Earth and space

Rolls-Royce has another special edition for stargazing types who might not have the schedules to stay up all night stargazing. Called the Rolls-Royce Black Badge Cullinan "Blue Shadow" Private Collection, its design honors the nebulous area where Earth's atmosphere ends and so-called "outer space" begins. Since the edges of our planetary terrarium blend into space, there's no useful coloring-book-like boundary. The International Aeronautics Federation uses an arbitrary height called the Karman line, which Hungarian engineer and physicist Theodore von Karman decided would be 100 kilometers above Earth because that's around where the last traces of aerodynamic lift petered out, giving way to "astronautics." The Cullinan Blue Shadow is a canvas for artistic representation of the Karman line and what lies beyond. The deep blue exterior color signifies the atmosphere's upper layers where the blackness of space suffuses the blue of our daytime skies. Contrasting satin jewelry in the front fascia suggests the silica and aluminum oxide whitewash applied to the thermal protection tiles on craft like NASA's Space Shuttle. The Spirit of Ecstasy was produced in 3D-printed titanium coated in a blue-tinted lacquer, the base inscribed with "Blue Shadow Private Collection." The Cullinan's 22-inch wheels are also dressed in a lacquer layer for dark translucence. Inside, the starlight headliner's been decorated with an embroidered moon composed of five colors, each color sewn in with a different technique and texture. The headliner's 799 white LEDs and 384 blue LEDs create a field of stars for Luna, Rolls-Royce engineers tweaking the twinkling effect in the LEDs "for an even more enchanting glow." The painted instrument panel and door cards transition from black up high to dark and then light blue below. Six layers of colors combine five blues with a black, providing another kind of twinkle thanks to blue and clear glass particles in the clearcoat. The Private Collection clock comes with blue anodized details and an engraved "Blue Shadow." The artwork created in the seats is a first for Rolls-Royce. Each seat's been perforated more than 75,000 times in a pattern representing the Earth as seen from space.

Rolls-Royce 103EX Concept | Autoblog Minute

The Rolls-Royce 103EX is a vehicle that looks to the future, offering a vision of the luxury automaker?s next century. Rolls-Royce calls its fully autonomous, zero emissions concept vehicle a masterpiece. Rolls-Royce Autonomous Vehicles Autoblog Minute Videos Original Video