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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 to auction one-off 115th birthday Phantom

Rolls-Royce and RM Sotheby's has announced a partnership amidst an expected luxurious environment, with a five-course dinner at Sotheby's redesigned 90,000-plus-square-foot New York City headquarters. As part of Rolls-Royce's 115th birthday celebration (the official date was May 4), the two announced a one-off, bespoke 2020 Rolls-Royce Phantom will be auctioned off this fall exclusively on Sotheby's online auction service. The lead image shows an early-stage sketch of what the special-edition Phantom could look like. There are extremely limited details about the car, but Rolls-Royce confirmed it will be red. It will also include "an original hand-crafted leather work of art" as part of the interior. We expect this to be in the same vein as the dashboard inlays and hand-stitching we've seen in past bespoke Rolls-Royces. Because the one-off car will be honoring a birthday, we wouldn't be surprised if it featured several indicators that mark the occasion. Think numbered door sills, treadplates, dashboard or console plaques, and possibly special-edition badges. This, of course, is speculation, but these are often features on these types of vehicles. The base price of a Rolls-Royce Phantom is approximately $450,000, and when we first tested the uber-luxe personal limo, it reached as high as about $650,000. And that was just a "regular" Phantom. As a guaranteed collector's item, a set price for this vehicle would likely cost significantly more. But its price is not set, as it will be sold through RM Sotheby's online auction. It seems likely that this thing could easily tick right past $1 million. Rolls-Royce said the car will be auctioned in the fall but gave no specific dates. We'll provide updates as soon as we get 'em. Related Video:

Rolls-Royce Alpine Trial Centenary Collection celebrates century-old Austrian race

Among the harvest of premieres at the Shanghai Motor Show was a special-edition Rolls-Royce Ghost to celebrate the 1913 Austrian Alpine Trials. Four Rolls-Royce Silver Ghosts entered the race a century ago, and in completing the 1,820-mile challenge flawlessly earned the sobriquet "The Best Car in the World." The new Ghosts commemorating the feat represent two firsts for the brand: Rolls-Royce has never created a bespoke homage to one of its own cars, and it has never released a car with a black grille.
Those two features, as well as blue paint and black wheels, are in tribute to James Radley's privateer entry in that 1913 race that drove alongside the three factory teams. Other special features include the coachline (pinstripe) that evokes the four cars from the 20th-century race, and inside, a color-matched headliner, a clock with the rally stages and times, and topographical inlays on the front fascia and rear picnic tables.
The 20-Ghost Club will be reenacting the event this year, the parade including Radley's 1913 car. It kicks off in Vienna, Austria on June 14. For the time being you can read the press release below and check out the high-res photos above.