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Rolls-Royce Phantom Drophead Coupe Waterspeed Collection is a real land yacht

There aren't very many better places to show the Rolls-Royce Phantom Drophead Coupé Waterspeed Collection than at the Pebble Beach Concours d'Elegance. Not only is this aquatic-themed land yacht parked on the Concept Car Lawn appropriately very near the Pacific Ocean, it's being seen by some of the most wealthy car enthusiasts in the world on one afternoon.
The car actually debuted in May in Europe, but Rolls-Royce decided to show it again to West Coast customers. This luxury droptop is dedicated to former British waterspeed record-holder Sir Malcolm Campbell, hence the name. Campbell used a boat powered by a Rolls-Royce R engine to reach 126.33 miles per hour in 1937 on a lake in Italy and break the old milestone. Later, he took the same craft to 129.5 mph to further establish his dominance.
The Phantom Waterspeed takes inspiration from these accomplishments with a two-tone look that mixes shining Maggiore Blue exterior paint and a brushed steel tonneau cover to replace the normal teak. The blue color scheme even extends to the engine and interior trim in combination with contrasting Windchill Grey leather. Rolls isn't building many of these marine-inspired leviathans; check one out on the lawn at Pebble Beach in our gallery.

2014 Rolls-Royce Wraith is everything you need, everything you don't [w/videos]

It's not often that we get to talk about a new Rolls-Royce, what with the fact that the company's current model line is basically made up of two vehicles. But that all changes here at the 2013 Geneva Motor Show, with the introduction of what might be the most emotional Roller of modern times, the Wraith.
The new two-door Rolls is effectively a Ghost coupe, and it stands to reason that this is Royce's answer to the Bentley Continental GT, albeit at a higher price point. Much higher, actually - the 245,000-euro - $320k USD - price of entry for the Wraith is about $100,000 more than a Continental GT Speed coupe. Woof. And to our eyes, all that extra money isn't buying you much in the looks department, as the collective opinion of the Autoblog editors on-site in Geneva is that it's more imposing than elegant.
But the Wraith will no doubt be a special, exclusive, impressive machine for anyone who plunks down that sort of cash. For starters, it's powered by a V12 that puts out an impressive 624 horsepower and 590 pound-feet of torque mated to an eight-speed ZF "Satellite Aided" transmission. This nifty cog-swapper actually works with GPS to not only pre-select the right gear for the portion of road you're on, but for the next portion of you'll be driving on, as well. That, friends, is cool.

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.