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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.

Work begins on new Rolls-Royce Phantom, PHEV likely

After reporting that a new Rolls-Royce Phantom would arrive sometime around 2017 in the same timeframe as a Rolls-Royce SUV, Autocar has a few more details on the next coming of the massive English sedan. Both its skin and its bones are being worked out right now, brand design head Giles Taylor telling the magazine that his team is "treading an evolutionary path" with the model, suggesting it will have "more charisma and more edge" as part of a future design language that will have "a charismatic expressiveness."
True, that gives us absolutely no indication of what the car will look like, but it seems fair to assume it will feature more curves and detailing than the present car. The long C-pillar will remain, though, the privacy it affords being "part of the Phantom recipe."
What's underneath could be more detailed as well, the report saying BMW is mulling an i3 kind of build, with an aluminum chassis supporting a carbon fiber bodyshell. Assuming production considerations and costs could be kept in line, the benefits would be a lighter car that offers more latitude with the design, easier implementation of new bodystyles and the segment's technology crown. A lighter Phantom would bring further rewards for its PHEV variant, which Autocar says is "a certainty."

Rolls-Royce Ghost getting a nip and tuck

While there isn't too much competition in the "vehicles priced more than houses" market, automakers still have to keep their products fresh, and it looks like the Rolls-Royce Ghost could be getting a slight facelift for 2014. Like the rest of the Ghost, these spy shots show that Rolls-Royce even makes exquisite body camouflage as it takes a close look to really see that any material has been added to the face.
From what we can tell, though, it looks like the Ghost might be getting a nip/tuck to the front end. This will bring its appearance closer to what we saw on the Rolls-Royce Wraith - the coupe version of the Ghost that debuted back in March at the Geneva show - reshaped headlights that feature LED running lights and also what appear to be LED turn signals. More minor changes to the Ghost include restyled door mirrors that might get some aero tweaks, as well as a smooth rear fascia devoid of visible exhaust outlets.
What we don't know is whether the Ghost will also be getting the more powerful version of the V12 found in the Wraith that produces 624 horsepower and 590 pound-feet of torque, versus the current Ghost's 563 hp and 575 lb-ft.