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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 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.

Man orders $20M-worth of Rolls-Royce Phantoms

The term "luxury" gets thrown around a lot when speaking about vehicles that are actually somewhat affordable like BMWs and Cadillacs, but Rolls-Royce and hotel magnate Stephen Hung (above in the wild suit) are proving what real opulence really is with the largest single order from the fabled British marque, ever. Hung is purchasing 30 custom examples of the Phantom Extended Wheelbase (pictured right) for $20 million. To push the deal even further over the top, two of the Phantoms are the most expensive examples ever commissioned.
This assemblage of über-luxury sedans isn't for Hung's personal collection. Instead, the cars are going to be part of the fleet for the swanky hotel and casino that he's opening in Macau, China, in 2016 called the Louis XIII. According to The Washington Post, when the 200-room resort opens, the Louis XIII is supposed to be one of the most mind-blowing places in the world, including a suite that costs $100,000 a night.
When completed, the 30 cars will be in matching crimson red to echo the exterior of the hotel. That color will be carried into the interior trim, as well, including the gauges, and the seats will have a checker board pattern. Each one will be outfitted with a bespoke clock from Graff Luxury Watches. The two most expensive Phantoms will get all of this attention, plus gold-plated trim covering the interior and exterior.