1984 Rolls Royce - Silver Spur on 2040-cars

Auto blog

Former Princess Diana Rolls-Royce being auctioned for charity [w/video]

While it isn't that uncommon to see cars belonging to celebrities and dignitaries roll across the auction block these days, this car is a little extra special. This particular 1979 Rolls-Royce Silver Shadow was the car that Prince Charles and Princess Diana arrived at the White House in during a visit in 1985. As some added trivia, this was also the visit where Princess Di cut a rug with none other than John Travolta.
Volo Auto Museum will be auctioning off this piece of American and British history on November 9th - exactly 27 years from Princess Di's White House visit. According to the auction listing, this armored Silver Shadow was the official car of the UK's embassy, and it has been valued at around $2 million by the Berman Museum of History. The auction will have no reserve with some of the proceeds going to the Children with Cancer UK charity that Princess Diana started in 1988.
Scroll down for more information about this car and its auction as well as a video showing Prince Charles and Princess Diana arriving at the White House in the car back in 1985.

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.

Ghost Coupe to be fastest Rolls-Royce ever

Autocar has snapped spy shots of a Rolls-Royce Ghost Coupe, and judging from proportions the car will be so long in front and raked in back that it would make Dick Tracy whistle. We'll get the true story on that at next year's Geneva Motor Show, which is when Autocar says it's due to be revealed, but what's less in question is this: with a 6.6-liter, 600-horsepower V12 and a tauter ride it will be the fastest Rolls-Royce ever.
Weight is estimated to drop by 200 kg compared to its sedan sibling, and its roofline to drop by up to nearly three inches. If the horsepower numbers are correct the shorter and lighter Ghost coupe, with a 69-hp bump over the sedan, will assuredly deliver the "considerably brisker" acceleration promised. Helping matters will be the lowered chassis, larger tires, "mildly sports-orientated" brakes and a suspension tuned to be more aggressive but delivering just as much waftability.
Although it's being called the Ghost Coupe for now, insiders have suggested to the magazine that that it will get its own, bespoke, name, with pricing above the standard sedan but below the extended-wheelbase sedan.