2009 Bentley Continental Flying Spur - Florida Vehicle - Renntech Mods on 2040-cars
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VW makes $23K on every Porsche sold, more than Bentley or Lamborghini
Fri, 14 Mar 2014It's a good time to be in the luxury car business. In Volkswagen Group's financial report for the 2013 fiscal year, it is revealed that that Porsche enjoyed an operating margin of 18 percent. That means the Stuttgart brand made on average about $23,200 per car sold, according to BusinessWeek. Bentley wasn't far behind, and Audi (which was combined with Lamborghini) posted a 10.1 percent margin. This compares to only around 2.9 percent for the Volkswagen brand.
"Luxury brands are on fire," said Dave Sullivan, an industry analyst at AutoPacific. He said that the average profit margin is between six and eight percent. Brands like Porsche and Bentley have the benefit of competing in rarefied markets. Buyers looking at one their vehicles have fewer models to shop against and don't care as much about price. They can also charge more for options, which further boosts income, according to BusinessWeek.
In a way, we should be more impressed by the continued success from Audi. Its models generally have direct competitors in every segment from the other premium automakers. Plus, their buyers aren't the captains of industry who are shopping for a Bentley. Still, the Four Rings is leading rivals in sales so far this year.
Top Gear caught filming Best of British near Buckingham Palace
Mon, 24 Jun 2013YouTuber and car-fan extraordinaire Shmee probably had very little trouble tracking down the Top Gear film crew recently, as the group was putting together an episode that could accurately be described as "excessive." With its flag-waving (literally) Best of British theme, the TG guys gathered a jaw-dropping array of British cars, and parked them all right in front of Buckingham Palace to make extra sure that the point was driven home.
Top Gear hosts Jeremy Clarkson, Richard Hammond and James May were outfitted with a trio of Jaguar F-Types festooned with gigantic Union Jacks, with which to survey the landscape of British motoring glory. In the video below, you'll see that this includes any number of Mini, Aston Martin, Lotus, McLaren, Land Rover, Bentley and Rolls-Royce models (just to name a few), as well as a healthy dose of weird stuff that most people would never guess at being built in the UK. The lawnmowers and military vehicles are especially cool.
Bentley will phase out all non-electrified powertrains by 2026
Thu, Nov 5 2020Bentley will accelerate its electrification offensive during the first half of the 2020s, Autoblog can reveal. It will release an array of plug-in hybrid and electric cars, and it plans to phase out all non-electrified powertrains. "Next year, we will launch two plug-in hybrid models. In the end, it's the best of both worlds. It means the customer can decide when to use the internal combustion engine, and when to go electric. It also reduces fuel consumption massively," affirmed company boss Adrian Hallmark during a virtual roundtable discussion. He stopped short of revealing whether the plug-ins will be based on existing models, or if they'll be new additions to the range. As of writing, the Bentayga is the only Bentley available with a plug. My crystal ball tells me the Continental and the Flying Spur (which are marketed as separate models) are prime candidates for electrification. Bentley's first electric car is scheduled to make its debut by 2025. Details are also scarce, but Hallmark revealed the model will be built on a new platform, and it will benefit from the latest battery technology. Going electric won't be an excuse to radically overhaul the company's design language, however. Chris Cooke, Bentley's board member for sales and marketing, noted the zero-local-emissions car will look "much more modern and more interesting," but it will remain immediately recognizable as a member of the Bentley portfolio. He warned not to expect a revolution. Take the limited-edition, 650-horsepower Bacalar (pictured below), for example. It looks like a Bentley, it doesn't represent a stupefying break with tradition, but it's not a Xerox copy of the Continental, either. Bentley Mulliner Bacalar - 1 View 22 Photos After 2025, the floodgates open. Hallmark pledged to create a family of electric cars, and that every model in the Bentley range will be either a plug-in hybrid or fully electric. He realistically refused to say the internal combustion engine's days are numbered, however, and he added his team disagrees with the bans floated in some markets. "Whenever the deadline is for banning combustion engine sales, we're advocating an overlap so that hybrids are allowed to be sold for longer, until everybody can afford, charge, and live with the range of an electric car. I think we're now getting through; we trust the right decisions will be made," he said candidly.