2014 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.

Even Aston Martin and Rolls-Royce have designed flying taxis

Think British-built taxi cabs and you're likely to think of the classic, black London taxis. However, there are British companies eager to take taxis to the skies — bearing vaunted nameplates. Aston Martin has created the Volante Vision Concept, which isn't a sports car, but a luxury VTOL aircraft. It is the product of a joint venture with Cranfield University, Cranfield Aerospace Solutions and Rolls-Royce, and Aston says it's a "near-future study" that previews a flying autonomous hybrid-electric vehicle. It's meant for both urban and inter-city travel. The hybrid powertrain would come courtesy of Rolls-Royce Electrical, which has already provided such systems for marine and train use. The Volante Vision Concept's design language has been overseen by Marek Reichman, who stated the following: "We are at the beginning of a new generation of urban transportation; vertical mobility is no longer a fantasy. We have a unique chance to create a luxury concept aircraft that will represent the ultimate fusion of art and technology. We have used forms and proportions that express the same devotion to design, engineering and beauty that shape our cars." The leather interior bears familiar, winged Aston Martin badging — though this time the wings are especially appropriate. Beyond working with Aston Martin, Rolls-Royce plc has also designed a flying taxi of its own. Similarly VTOL, Rolls-Royce's hybrid-electric taxi has rotating wings and uses a gas turbine engine paired to hybrid tech; it is designed to carry four or five passengers and offers a 500-mile range with a top speed of 250 mph. And Rolls, of course, as a major supplier of aircraft engines, knows a thing or two about flying. Rolls says that if there is a business case for the flying taxi, it could see production in the early-to-mid-2020s. The Rolls-Royce concept was presented Monday at the Farnborough Air Show. Related Video: Featured Gallery Aston Martin / Rolls-Royce Flying Taxis Image Credit: Aston Martin, Rolls-Royce plc Design/Style Aston Martin Rolls-Royce Technology Emerging Technologies Autonomous Vehicles Commercial Vehicles Future Vehicles Luxury Special and Limited Editions air taxi

Rolls-Royce Phantom celebrates decade of decadence

Ten years ago, Rolls-Royce opened its Goodwood manufacturing facility and handed over the keys to the very first Phantom. Back then, parent company BMW was cranking out Phantom sedans at the blistering pace of one unit per day. By the end of 2003, that number had tripled, and today, the Goodwood plant builds a total of 20 Phantoms in sedan, coupe, drophead and extended-wheelbase models during a single day's working hours. Originally, there were fewer than 400 workers on staff responsible for hand-building the big cruisers, but now the plant boasts over 1,400 craftsmen, with 100 of those positions added in 2012 alone.
Rolls-Royce boasts one of the lowest staff turnover rates of any brand in the industry, thanks in part to a successful apprenticeship and internship program, and the company notes 80 percent of its workers live within 15 miles of the facility. You can read the full press release on the 10th anniversary of both the Phantom and the Goodwood plant below.