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If VW defaults on loans it may sell Bentley or Lamborghini

If something goes catastrophically wrong with Volkswagen Group's recent $21 billion loan, brands like Bentley or Lamborghini could hit the auction block. According to two insiders to Reuters, the beleaguered German automaker agrees with its creditors to sell assets if the company somehow can't pay back the debt in a year. One of these anonymous people claimed the company hasn't yet deliberated over what to sell. However, the sources were willing to speculate that the power engineering portion of Man could be among the first to go. "Volkswagen may also consider divesting luxury car brands Bentley and Lamborghini or motor bike brand Ducati, although these units don't really move the needle," an insider said to Reuters. VW Group negotiated with the banks earlier this week to get the massive loan. The cash is necessary as a buffer in case the automaker doesn't have enough money on hand to repair vehicles or settle upcoming fines. VW would reportedly issue bonds in the spring to begin paying the debt. The company's bills will start racking up quickly in the new year. German authorities mandate a recall there in early 2016, and repair campaigns in the US for the 2.0- and 3.0-liter diesel engines are inevitable. There are also hundreds of class-action lawsuits to settle. The company needs to resolve its CO2 emissions scandal in Europe, too. In response to these financial threats, VW management created a cost-cutting plan to slash the research and development budget by $1.1 billion next year.

First production Bentley Bentayga rolls off the line

Three-and-a-half years after we got a view of the initial concept that led us here, the Bentley EXP 9 F, the first production Bentley Bentayga has left the production line in Crewe. The Anthracite-colored crossover is the culmination of four years of work and an 840-million-pound investment that added a new bodystory, new paint shop, new assembly line, and 1,500 jobs to the company's workforce. Customer deliveries begin next month, and with the order book approaching 6,000 units, sightings of the Bentagya everywhere will commence not long after that. The brand has the segment to itself until Rolls-Royce, Aston Martin, and Lamborghini can bring their efforts to market, and after having driven it and found it really rather good, Bentley should profit handsomely from its position. Next spring, the sharper, edgier, faster Bentley crossover that many were expecting should make an appearance and likely do just as well, if not better. For now, though, it's the Bentagya show. The press release below has more. Related Video: FIRST BENTLEY BENTAYGA ROLLS OFF THE PRODUCTION LINE- Sector-defining SUV designed, engineered and handcrafted in Crewe- Car marks significant UK manufacturing investment- First Bentayga to join Bentley's famous Heritage Collection(Crewe, 27 November 2015) The very first production Bentley Bentayga, the catalyst for one of the biggest investment programmes in the company's history, today left the assembly line at Bentley's iconic headquarters in Crewe, UK.Four years on from the initial concept stage, during which time over 1,500 UK jobs have been created, the car - part of an GBP840 million investment programme - will now enter full production, with deliveries to customers starting in January 2016.Wolfgang Durheimer, Chairman and Chief Executive of Bentley Motors, said: "Bentley Bentayga will be the benchmark against which all other SUVs are measured, defining a new segment – the luxury SUV."This car is a celebration of UK manufacturing at its very best, not only reinforcing our commitment to industry in this country, job creation and significant investment, but to our home in Crewe. This is an important moment in our history, where we reflect and celebrate, but also look ahead to delivering this extraordinary car to our customers."I would like to take this opportunity to thank my colleagues from all parts of the business for their dedication and professionalism in delivering the Bentley Bentayga.

Bentley EXP 10 Speed 6 coming, but not before hotter CUV

Bentley appears closer than ever to giving the green light for production to the curvaceous EXP 10 Speed 6 concept, but expect to see a hotter, more stylish crossover before the coupe arrives in showrooms. During the Bentayga launch, company CEO Wolfgang Durheimer hinted that both models would be perfect additions to the luxury brand's lineup, according to Car and Driver. The EXP 10 Speed 6's shapely design received glowing reviews when Bentley unveiled it at the 2015 Geneva Motor Show, and customers prodded the automaker to manufacture the coupe. "We want to build on this and make it a reality," Durheimer told Car and Driver about the positive buzz, but the boss said he couldn't put a production date on the two-seater yet. Durheimer has made positive statements about the EXP 10 Speed 6's production chances before, but it might be 2020 before the coupe goes on sale because the company's board still needs to approve the model. Rumors suggest the possibility of an electric version with 400 to 500 horsepower from tech similar to the Porsche Mission E concept and a more traditional variant with a 600-hp twin-turbo V8. In the nearer term, we could get the first look at Bentley's high-performance crossover as a concept at the 2016 Geneva Motor Show in March, according to Auto Express. The model allegedly shares the Bentayga's platform but features a revised body with an arching, coupe-like roofline. The company would also add more power to the twin-turbo W12 to match the exterior's more aggressive look. Related Video:

Ian Fleming's Bentley R-Type rediscovered in an L.A. garage

James Bond creator Ian Fleming commissioned a left-hand-drive 1953 Bentley R-Type Continental Fastback in Deep Grey with black Connolly leather as a gift for his American friend Ivar Felix Bryce. Fleming's choice of that car was probably no accident: Bond drove an R-Type Continental in the book Thunderball – one he bought as a wreck and restored, and he had it done up in gray with black leather. In Skyfall, this is the car that would have been behind that garage door. Gullwing Motor Cars recently discovered the real-life car wasting away in a garage in Hancock Park, Los Angeles for nearly 30 years. Bryce was Fleming's inspiration for CIA agent Felix Leiter in the Bond books. The US agent showed up in six installments in the series starting with Casino Royale, bowing out in The Man with the Golden Gun. Just as cool as the Fleming/Bond connection is this car's connection to the Bentleys of today. This was the "Speed" of its time, and like Continental GT Speed of one today, it was the fastest production four-seater in the world. A review of the time said, "it is difficult to put into words the gulf that separates a Continental from the average car in all the qualities that have a bearing on safety at speed." And you can see where those outboard lights on today's Bentleys come from. The Continental designation signified a power upgrade over the standard R-Type, and Fleming built it up with extras like rear spats, lightweight seats, fitted luggage, and a racehorse mascot. The Bryces flew their gift around the world to their various homes in England, Nassau, New York, and Vermont. After they sold it the coupe had several owners, ending up in the hands of a Beverly Hills surgeon in 1978, and according to Gullwing it's been sitting in a garage almost since that time. It has matching numbers and the original interior, and Gullwing says, putting it mildly, it is "an ideal restoration candidate." The asking price is $1,495,000, which is quite the premium for pedigree. Hagerty values a pristine example at $1.4 million, and two recent pristine examples have been sold by RM Auctions for $1.2M and Bonham's for $822,000. This Fleming car one went to auction at Pebble this year with an estimate of $1.4M - $1.8M but didn't sell, so don't be afraid to ask a few hard MI6-like questions about it if you're interested.

2016 Bentley Bentayga First Drive [w/video]

There was once a barrier that separated our Arcadian, four-dimensional space from an uncanny cosmos where a $229,100 SUV makes irrefutable business sense. That wall is gone, and the Bentley Bentayga broke it. We're accustomed to powerful SUVs. The Mercedes-Benz G65 AMG makes the Earth weep on account of its 621 horsepower and 738 pound-feet of torque. The Bentayga is shy of those figures, with 21 fewer horses and 74 fewer pound-feet. We're also accustomed to quick SUVs; the Porsche Cayenne Turbo S hits 60 miles per hour in just 3.8 seconds. The Bentayga runs that race 0.2 seconds slower. And of course, we are accustomed to luxurious SUVs that fear no obstacle or load. The Range Rover Autobiography can swim its leathers and veneers through 35.4 inches of water, surmount nearly 12 inches when toiling off-road, and tow 7,716 pounds. The Bentayga can 'only' manage 19.6 inches of water, 'only' gets to 9.64 inches on its tippy toes, and is 'only' rated to tow 7,714 pounds. None of these facts are listed to harp on the Bentayga. It isn't Bentley's way to make rank by being the best in every category. Instead, the Crewe brand brings all the boys to the yard by merely being excellent across the board. The Continental GT isn't superlative at any one thing, but no other vehicle that can carry four people is as fast and as capable and as dynamic, and only Phantom-level Rolls-Royces can touch it for luxury. The Bentayga is not the Continental GT of SUVs, it is "the Bentley of SUVs." But here's an important clarification: The Bentayga is not the Continental GT of SUVs, it is "the Bentley of SUVs." The automaker describes the mission as, "driving, luxury, performance." The interior advances the current design language with a two-piece instrument panel – an upper portion that slides through the center console in a "U" shape, and a lower portion that connects the console to the center tunnel. Bentley poses this as a riff on its flying wing badge, but it actually comes from interior designer Darren Day's wish to fit an IP with a steeper rake. The size of an instrument panel is limited by the width of the door openings because the dashboard doesn't go in until after the body is welded together. Day wanted passengers to be able to rest their legs on the buttresses tying the IP to the center tunnel, but his one-piece design was too large to fit through the doors.

Bentley may develop 500-hp, all-electric sports car

At dinner during the recent press launch for the Bentley Bentayga, CEO Wolfgang Durheimer stood up to discuss potential directions for the Bentley brand. One of them could be an all-electric version of the EXP 10 Speed 6 concept first revealed at the 2015 Geneva Motor Show, Top Gear reports. According to Durheimer, the Speed 6 concept has received incredible customer response, summed up as, "Stop talking about it and build it." Yet the CEO says Bentley would want to do something even more interesting with the coupe, so an electric powertrain with anywhere from 400 to 500 horsepower is being developed. That's not to say we'll ever see it for sale, but the best minds in the company are working on it. Top Gear says that such a car would probably share innovations developed for the rather lovely Porsche Mission E concept we saw at Frankfurt, resulting in a range of around 300 miles and fast charging capability. Traditional engines would also be developed for those that prefer their Bentleys to play four-stroke combustion notes. The other direction - and if we're wagering we think this one is much more likely - would use the Bentayga platform but be a sharper, edgier take on a crossover. At that same dinner, Durheimer said response to the Bentayga has urged Bentley to increase its sales projections. That makes an even stronger case for the smaller crossover already being considered in January this year and reaffirmed in June. Top Gear thinks that would be an "SUV-coupe" with four doors and more performance. Whichever one gets the nod, it's expected to hit the road in the next three years. Related Video: Featured Gallery Bentley EXP 10 Speed 6 Concept: Geneva 2015 View 9 Photos News Source: Top GearImage Credit: Copyright 2015 Drew Phillips / AOL Green Rumormill Bentley Coupe Concept Cars Electric Future Vehicles Luxury Performance bentley bentayga wolfgang durheimer porsche mission e concept bentley crossover bentley exp 10 speed 6

Bentley introduces Bentayga First Edition at VIP event in LA

The first customers to place their orders for the new Bentley Bentayga will get a special First Edition model. Each is outfitted with unique trim inside and out, and comes with a special wristwatch. Bentley just unveiled the new Bentayga First Edition at a special VIP event ahead of the Los Angeles Auto Show opening this week. The Bentley Bentayga First Edition features 22-inch two-tone wheels, special Union Jack badging, and illuminated treadplates. Inside it benefits from unique diamond quilted leather, embroidered seats, contrast stitching, and ambient lighting. Along with those specifications, this initial run will be limited to just ten exterior colors. Those fortunate first customers will also get their choice between one of three timepieces crafted by Breitling: one with a multifunction electronic movement, another with an integrated emergency transmitter, and a third automatic designed for women. All told, only 608 examples of the First Edition will be offered. The quantity is a reference to the metric output from the 6.0-liter twin-turbo W12 engine, which produces 600 horsepower – or 608 ps. That's enough to rocket the luxury off-roader to 60 in 4.0 seconds flat and on to a top speed of 187 mph, making this the fastest and most powerful SUV currently on the market. Related Video: BENTLEY DEBUTS BENTAYGA FIRST EDITION AT EXCLUSIVE VIP CUSTOMER EVENT - First 608 Bentaygas to be exclusively designed and highly equipped - Bentayga is the most powerful, most luxurious, most exclusive and fastest SUV in the world - Limited edition celebrates the creation of an all-new luxury SUV market segment - Each owner to receive one of three special-edition Breitling chronographs (Los Angeles/Crewe, 16 November 2015) Bentley Motors is debuting the Bentayga First Edition to a select group of VIP customers tonight at the iconic Sunset Marquis Hotel, Los Angeles. The exclusive limited edition of the most powerful SUV in production is restricted to just 608 cars globally. The eye-catching specification with exclusive details and unique components demonstrates the Bentayga's abilities to the fullest. The First Edition's unique design includes Union Jack badging, illuminated treadplates and 22" black painted and polished wheels. Just ten exterior colours are offered, highlighting the exclusivity of the model.

Ford Mustang Shelby GT350R named Road & Track Performance Car of the Year

With a 526-horsepower, 5.2-liter V8 that roars to 8,250 rpm, it's really hard to consider the 2016 Ford Shelby Mustang GT350R an underdog in any fight. However, the Shelby held the lowest as-tested price and was only middle of the pack in terms of power in Road & Track's 2016 Performance Car of the Year challenge. The 'Stang's numbers clearly didn't tell the whole story about the potent coupe because Ford's muscle car grabbed the title in this year's test. A model needs to be new or significantly updated to be eligible for the honor, and R&T found an impressive slate of eight candidates this year. The challengers included the Bentley Continental GT3-R, Cadillac ATS-V Coupe, Chevrolet Corvette Z06, Dodge Viper ACR, Mercedes-AMG GT S, and Porsche Cayman GT4. The Ferrari 488 GTB was the most expensive of the bunch with an as-tested price of $347,942, which is five times more than the Shelby. Once the group was together, R&T hustled them over curving roads and on the National Corvette Museum Motorsports Park. There was a lot to love about the Shelby, even in this impressive crew. "With a flat-plane crank and Sport Cup 2 tires, the GT350R is a Mustang turned up to 11," editor-in-chief Larry Webster said in the announcement of the results. The GT350R joins some great company. Past winners include the Porsche 911 GT3 last year and the Corvette in 2013. For some fantastic photography and the complete appraisal of these performance machines check out R&T's website for the full story. Related Video: ROAD & TRACK NAMES THE FORD MUSTANG SHELBY GT350R THE 2016 PERFORMANCE CAR OF THE YEAR New York, NY (November 9, 2015) – Road & Track today named the Ford Mustang Shelby GT350R the 2016 Performance Car of the Year, beating out seven of the world's best new sports cars. The article appears in the December/January issue, on newsstands November 17, and on RoadandTrack.com. "With a flat-plane crank and Sport Cup 2 tires, the GT350R is a Mustang turned up to 11," said Larry Webster, editor-in-chief of Road & Track. "Not only does the car have soul and harness so much firepower with such ease, but the real achievement here is that it's so approachable. It's a car you can't help but love." The Mustang Shelby GT350R was the winner by a runaway vote.

Watch a Bentley Continental GT Speed hit 206 mph in Australia

The top speed listed on most cars is usually a rather theoretical affair. After all, where can you actually drive a car to its v-max, anyway? Well there are a few highways in the world – and really only a few – that will let you drive as fast as you can. One of them is in the Australian outback, so that's where Bentley took its new Continental GT Speed. The road in question is called the Stuart Highway. It's a 1,761-mile road which runs across the continent from Darwin in the north to Port Augusta in the south. That's about the same distance as driving from New York to Denver. Only unlike any of the highways you'd take to drive across America, the Stuart Highway has one long stretch of 120 miles between Alice Springs and Barrow Creek that is completely derestricted, and has been for the past two years since local authorities set about trying out removing the speed limit. To see how fast the new GT Speed could actually go in the real world, Bentley put Aussie touring car champion John Bowe behind the wheel and let 'er rip. The result is a top speed clocked at 206 miles per hour. That's pretty darn fast for any car, let alone one that weighs a massive 5,000 pounds. Its 6.0-liter twin-turbo W12 engine contributes significantly to that curb weight, but with 626 horsepower and 607 pound-feet of torque on tap, it also has the muscle to keep the Conti pulling like a freight train all the way up past the double-century mark. Watch it unfold in the video above. BENTLEY CONTINENTAL GT SPEED: VMAX IN THE OUTBACK - Continental GT Speed hits 206 mph (331 km/h) top speed on Stuart Highway, Australia - Northern Territory route one of only three derestricted roads in the world - Australian racing legend, John Bowe, takes Grand Tourer on extraordinary high-speed run - Continental GT Speed combines supercar performance with supreme luxury (Crewe, 04 November 2015) The 16MY Bentley Continental GT Speed has been taken to its top speed of 206 mph (331 km/h)* by Australian racing legend, John Bowe, on the derestricted Stuart Highway** deep in the Northern territory. The 635 PS (626 bhp), 820 Nm (607 lb.ft) W12-powered GT Speed Grand Tourer reached Vmax in just 76 seconds, covering a distance of 9.4 kilometres in the process. At top speed, the 6.0-litre twin-turbo Grand Tourer was covering a staggering 92 metres (or one football pitch) per second. John Bowe said: "This isn't a modified racecar; it's a luxurious grand touring road car fresh off the production line.

You can ice the Bentley Bentayga for $13 grand

Want to drive the new Bentley Bentayga? You'll be able to place your order soon enough, assuming you've got the scratch. And then you'll be able to drive it pretty much anywhere. But if you want to drive it on ice, and don't want to wait for delivery, then check out Bentley's Power on Ice program. The British automaker has been hosting ice-driving events for years now. But this winter, it's adding the new Bentayga to the mix. Participants will be invited to drive it on 10 ice tracks created atop frozen lakes in Finland. The tracks were designed by four-time World Rally Champion and ice-speed record-setter Juha Kankkunen, who also serves as lead instructor for the program. Of course, while the Bentayga may have the most advanced traction system on board, it's not the only all-wheel-drive Bentley lined up for the program. As you can see from the video above - in which the Bentayga appears only in parts starting around the halfway mark - there'll be Continentals, Flying Spurs, and even the GT3-R on hand as well. The event is based at the Chalet Ruka Peak in northern Finland. It also includes fine Scandinavian cuisine, saunas, and a nighttime dog-sled expedition to an old reindeer farm. Of course none of that comes cheap, with prices depending on the level of accommodation specified. But the experience starts off at ˆ11,900 per person – or about $13k at current exchange rates. BENTAYGA MAKES POWER ON ICE DEBUT Oct 29, 2015 - Bentley's extraordinary ice-driving event returns for 2016 - Bentayga to demonstrate prowess on frozen lakes of Finland - Former World Rally Champion, Juha Kankkunen, leads tuition team (Crewe, 29 October 2015) The most powerful, most luxurious, most exclusive and fastest SUV in the world, the Bentley Bentayga, makes its ice-driving debut in 2016 at Bentley's flagship customer event, Power on Ice. Power on Ice is an unforgettable four-day experience that provides the opportunity to push a full range of Bentley cars to their limits. Running throughout February next year, guests will be among the first to explore the Bentayga's extraordinary capabilities in one of the most beautiful and challenging environments in the world. Two days of exhilarating ice driving training are provided by the vastly experienced Bentley Ice Driving Team. Leading the tuition will be four-time World Rally Champion and two-time ice-speed record holder, Juha Kankkunen – who personally designs each of the ten ice tracks.