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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.

Bentley to retire aging 6.75-liter V8 with current Mulsanne

The massive 6.75-liter V8 in the Bentley Mulsanne is one of the oldest engines still in production. But it may not be around for much longer. According to Car and Driver, Bentley intends to finally put the big old pushrod V8 to pasture once the current Mulsanne is phased out, thus putting an end to a saga that goes back some 57 years. Powerful as it may be, ever-stricter exhaust emissions and fuel-consumption regulations will see that the L Series V8, originally introduced way back in 1957, doesn't stay in production forever. Whenever the Mulsanne is replaced, it will reportedly get a brand-new twelve-cylinder engine. Bentley is currently the world's largest producer of dozen-pot powerplants. Production of the British automaker's 6.0-liter twin-turbo W12 far outpaces anything from Rolls-Royce, Mercedes-Benz, BMW, Ferrari, or Lamborghini. Over the decades since its introduction, Bentley's long-serving V8 has gone from making an "adequate" amount of power and torque to an impressive 530 horsepower and a positively massive 811 pound-feet (with the help of a couple of turbochargers). Its eventual discontinuation wouldn't be the first attempt on the life of the 6.75-liter engine. When BMW briefly took control of both Rolls and Bentley, it replaced the big engine by a smaller 4.4-liter V8. Customer demand led Bentley to bring the old engine back. It will likely be some time before we get details of Bentley's next powerplant. Models like the Mulsanne and Rolls-Royce Phantom tend to stick around for a long time, and the latest version of Bentley's flagship was just released earlier this year. Related Video:

Bentley is recalling just 88 Bentaygas for loose screws

The Basics: Bentley is recalling just 88 2017 Bentaygas for loose screws. That may seem like a small number, but it's a sizable portion of the 378 possibly affected vehicles. The vehicle has only been on sale for a very short while. The Problem: According to Bentley and the National Highway Traffic Safety Administration, some Bentaygas left the factory with seat and instrument panel joints improperly tightened. Essentially, the big, expensive SUV has a few screws loose. This was discovered when a routine systems check revealed missing torque data for 88 vehicles. The improperly tightened parts can work themselves free over time, increasing the risk of injury. Injuries/Deaths: The Bentayga hasn't been on sale long enough for these improperly tightened parts to be a threat, so no injuries or deaths have been reported. The Fix: Bentley will notify affected customers starting this month. Owners can take their Bentayga to a Bentley service center where a technician will inspect and adjust the parts free of charge. Concerned owners may contact Bentley customer service at 1-800-777-6923. Bentley's number for the recall is RE16/32. If you own one: Sit tight, or as tightly as you can on your loose seat. Your Bentayga hasn't been on the road long enough for the parts to work themselves free. Wait for Bentley to issue you the recall, then go take your quarter-million-dollar SUV to your local dealer. Ask nicely, and Bentley will probably come pick it up. Related Video: Recalls Bentley Ownership Safety SUV Luxury bentley bentayga