2013 Rolls-royce Phantom Drophead Coupe on 2040-cars

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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 commissions a Faberge egg

What you see above, is probably the equivalent of the movie The Avengers, but for the ultra-filthy-rich. It's the ultimate crossover of luxury brands, Rolls-Royce, and the famed jewelry company Faberge. It's a special egg made by the jeweler that's themed around the luxury car builder. And naturally, it's an "Imperial Class" egg. This means it's similar in size, complexity and quality to the original 50 made for the Russian royal family, the very ones that helped make Faberge so famous. It's also only the second to be commissioned, since. The other was commissioned by a Middle Eastern jewelry group. The egg is quite modern and simple in design. It stands about 6 inches tall, and it weighs nearly a pound. A rock crystal Spirit of Ecstasy sits in the middle, surrounded by arcing arms. Each arm is made of rose gold with 390 carats of amethyst and 10 carats of white diamonds. The whole egg sits on a machine-turned white gold base with a purple enamel coat. Like many Faberge eggs, this has mechanical workings. Pressing a lever causes the many arms to descend, making the Spirit of Ecstasy visible. The egg will be on display at Faberge's London store this December for the public to see. After that, Rolls-Royce says it will be heading for the home of a private collector of both Rolls-Royce and Faberge creations. Related Video: Featured Gallery Rolls-Royce Faberge Egg News Source: Rolls-Royce, The Daily Mail Design/Style Rolls-Royce Luxury

Watch the Rolls-Royce Phantom live reveal

Watch the live reveal of the all-new eighth-generation Rolls-Royce Phantom. For decades, the Phantom has defined what it means to be a luxury car. As with other Phantoms, look for metal, wood, and enough leather to support a small farming operation for years. Rolls-Royce Luxury Videos Sedan rolls-royce phantom