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Rolls-Royce to auction first Dawn in America for charity

Want to get your hands on the first new Rolls-Royce Dawn to reach North America? The automaker will auction off the first of its new convertibles in the US at the Naples Winter Wine Festival in January. All proceeds will go to charity. The Dawn is the new drophead counterpart to the Ghost and Wraith. The four-seat convertible features a 6.6-liter twin-turbo V12 good for 563 horsepower and 575 pound-feet of torque, channeled to the rear wheels through an eight-speed automatic transmission for a 0-62 time of under five seconds. It's a suitable foil to the likes of the Bentley Continental GTC and Mercedes-Benz S-Class convertible. Rolls-Royce introduced the Dawn at the Frankfurt Motor Show just a couple of months ago, and will begin arriving at dealers in April. The example pictured here will be the first to arrive in North America. It'll be outfitted by the Bespoke division in Arctic White with a Deep Red roof and a corresponding interior with Indian Rosewood trim and unique treadplates. It's valued at over $400,000, but bidding will start at $335,000 at the wine fest scheduled for January 29-31 at the Ritz-Carlton in Naples, FL. Proceeds from the auction will go towards the Naples Children & Education Foundation. Rolls-Royce Motor Cars Offers Once-In-A-Generation Opportunity To Own The Sexiest Rolls-Royce Ever Built Bidder at the 2016 Naples Winter Wine Festival will become the first North American customer to receive the new Rolls-Royce Dawn WOODCLIFF LAKE, N.J., Nov. 4, 2015 /PRNewswire/ -- Bidders at the 2016 Naples Winter Wine Festival will have a truly exclusive opportunity to become the first North American customer to receive the sexiest Rolls-Royce ever built. The all-new Rolls-Royce Dawn marks a new horizon in the Rolls-Royce Motor Cars' lineup of pinnacle motor cars, and the brand has offered the very first delivery in North America to benefit Naples' charities. This Dawn will be offered at the Naples Winter Wine Festival to be held from January 29-31 2016 at The Ritz-Carlton Golf Resort in Naples, Florida with proceeds benefiting the Festival's founding organization, the Naples Children & Education Foundation. A true four-seater, Dawn is the most social of super-luxury drophead motor cars. Its effortless elegance and luxurious, yet approachable demeanor fits seamlessly into the backdrop of the 16th annual Naples Winter Wine Festival.

Rolls-Royce Ghost Series II represents a host of subtle tweaks

It's not every day that an automaker admits in its own words that a new generation of one of its models is a "subtle redesign," but that's exactly how Rolls-Royce is describing the changes made to its Ghost Series II. Most of the bodywork has seen very light resculpting, including what the brand is calling a tapered "wake channel" that starts just behind the beloved Spirit of Ecstacy's wings evoking "the sight of a jet's vapour trail" and "hinting at the car's dynamism."
So much does Rolls-Royce want to emphasize the Ghost Series II's so-called dynamism that it uses the descriptor a total of eight times in the press release that you're welcome to read below. Looking past that all-too-current buzzword, what we see here is clearly a Rolls-Royce, clearly an ultra-luxury sedan and clearly desirable.
Rest assured, prospective buyers will see all the latest technology inside the new Ghost's interior, including a 10.25-inch high-definition screen and a Spirit of Ecstacy Rotary Controller so as not to "leave unsightly fingerprints at driver and passenger eye level." Of course, plenty of customization is available for the most discerning of buyers, and two new wood veneer options are available - Paldao and Walnut Burr Crossband.

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.