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King Charles' electric I-Pace goes to auction next month

Never mind the Bentley State Limousines, the Aston Martin DB6 Volante that Queen Elizabeth II bought him on his 21st birthday, or the Rolls-Royce Phantom VI valued at more than $600,000. The car of the moment, if we’re talking about the garage of King Charles III of England, is a far more ordinary — and all-electric — Jaguar I-Pace purchased in 2018 by His Majesty “for his personal use." The royal Jag is set to be auctioned off March 2 at the famed Ascot Racecourse; estimated selling price is as high as $88,000. If you miss out on the auction of a president's former ride, here's one from a king. The SUV, notable as the first all-electric vehicle to be embraced by the royal family, is the range-topping I-Pace EV400 HSE all-wheel-drive luxury five-seater that the king — prince of Wales at the time — bought in September 2018 for $75,000. According to the auction site, the Jag was "purchased with his own money." Charles had Jaguar install a fast charger at Clarence House, his residence. The vehicle was returned to a Jaguar dealership after two years — itÂ’s not clear if it had been leased — with only 3,000 miles on the clock. Subsequently, the SUV was sold to one Karen French of Oxfordshire. She said in a statement offered by Historics Auctioneers, “This I-Pace was exactly what I was looking for and pretty much on my doorstep. It was only when I agreed to buy it that I discovered its extraordinary history — I was absolutely thrilled. Having driven it over 30,000 miles,” she added, ”I decided in the New Year that it was time for a change.” Noted by the auctioneers in typical British understatement, the high-specification car was uniquely finished in Loire Blue and remains the only I-Pace “to be painted in this colour, whilst those inside the car enjoyed a sumptuous, contrasting leather interior in, fittingly, Light Oyster Windsor.” A revised Jaguar I-Pace is scheduled to arrive next year. Regarding the KingÂ’s affection for automobiles — British automobiles — he reportedly overseas a fleet worth more than $17 million. And while heÂ’s fond of driving conventional vehicles, he told the BBC some years ago that “my old Aston Martin, which I've had for 51 years, runs on — can you believe this — surplus English white wine, and whey from the cheese process.” Essentially the classic had been converted to run on E85 bio-ethanol. "The engineers at Aston said, 'Oh, it'll ruin the whole thing,'" Charles shared with The Telegraph in 2018.

New Rolls-Royce Cullinan spied with production-spec lighting

Few brands ooze luxury like Rolls-Royce. Like Rolex, the name Rolls-Royce conjures up an image of opulence and a certain level of refinement. Just look at all the details on the new 2018 Rolls-Royce Phantom. This hard-earned reputation is well-deserved. Still, there's an SUV-sized gap in the automaker's lineup. Crossovers are selling like mad and are easy money for any automaker. Fellow ultra-lux automaker Bentley has already thrown its hat into the ring with the Bentayga. Rolls-Royce's entrant, the Cullinan, looks to be nearly ready for production. We've seen plenty of spy photos of the Cullinan, with each batch revealing more and more. Hell, Rolls-Royce itself anticipated these leaks and released a couple of highly camouflaged official photos. These new photos show off the A- and B-pillars as well as part of the roof. It's not much, but it is more than we've seen until now. The rear end also looks to be much further along in development than before. This is our first look at what appears to be production-spec rectangular taillights. The Cullinan will share a platform with the Phantom, so expect plenty of shared parts. That means the Cullinan will likely get Rolls-Royce's 6.75-liter twin-turbo V12 and eight-speed automatic. The 563 horsepower would be down compared to the Bentley Bentayga, but no one buys a Rolls-Royce for pure performance. A hybrid powertrain taken from the BMW 7 Series is also likely. Look for the wraps to come off the Cullinan sometime in the next few months. Related Video:

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.