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Audi CEO says brand's EVs are almost as profitable as its other cars

After, oh, a hundred years or so of building vehicles primarily powered by internal combustion engines, automakers around the world have been and still are pumping billions of dollars into the development of electric vehicle technology. Everything from platforms and batteries to motors and the software to control it all requires untold hours of development, and that takes time and money. Fortunately, it's not going to take long for that massive investment to start paying off, at least according to Audi CEO Markus Duesmann, who told Reuters in an interview that "The point where we earn as much money with electric cars as with combustion engine cars is now, or ... next year, 2023. They are very even now, the prices." As a brand, Audi contributed more than a quarter of overall profit for the massive Volkswagen Group, which has such powerhouse brands as Volkswagen and Porsche among others. Under the Audi umbrella are Lamborghini, Bentley and Ducati, and it seems those high-end branches aren't going anywhere, at least for now. "These brands ... are very valuable very profitable brands, where we can even expand the synergy level in the future," Duesmann said in the interview. "There are no plans whatsoever to get rid of them." Despite the overall profitability of the brand, the ongoing global chip crisis is causing headaches. "We had a very strong first half in 2021. We do expect a much weaker second half," said Duesmann, who added, "We really have trouble." In fact, so serious is the trouble that the brand is forced into "a day-to-day troubleshooting process" to limit the chip-shortage damage. The good news for the automaker is that Audi has been able to boost its profit margin from 8% prior to the pandemic in 2019 to 10.7% in the first half of 2021. The bad news is that various chip shortages aren't expected to get a whole lot better over the rest of the year. Related video:

Bentley Bentayga by Mulliner is a one-off special edition with ties to horse racing

Not long ago, we featured the Bentley Bentayga Field Sports by Mulliner, Bentley's even more lavish companion that often adds a special touch to production Bentleys; earlier on, there was even a version aimed at falconers. Here's another one-off Bentayga special edition that looks just as ostentatious, simply called the Bentayga by Mulliner. Bentley says this Mulliner version has been inspired by horse racing, and it's been created to commemorate Bentley's partnership with racetrack operator The Jockey Club at the Cheltenham Festival. It has to be said, the Bentayga looks far better by itself than towing a horse box on the highway. The paintwork is a variation on British Racing Green, on this occasion called Spruce, and the cabin has been finished with a combination of saddle-colored leather on the seats and special tweed on the doors. The veneer is burr walnut, treated to resemble woodwork at The Jockey Club's private rooms, and branded Mulliner. As well as Cheltenham Racecourse, The Jockey Club operates 14 other horse racing venues in the UK, and it was founded all the way back in 1750. The 21" wheels on the Bentayga by Mulliner are the same, partially black ones that were fitted on the Field Sports. Related Video: Featured Gallery Bentley Bentayga by Mulliner Image Credit: Bentley Auto News Aftermarket Bentley SUV Luxury bentley bentayga Mulliner

Bentley EXP 9 F to be redesigned, renamed Falcon?

In concept form, the Bentley EXP 9 F had neither the styling nor the name to impress us when we first saw it earlier this year at the Geneva Motor Show, and while we already knew some sort of design change was imminent, we're unsurprisingly now hearing that a name change is also in the cards. Automobile Magazine is reporting that the eventual production Bentley SUV will get a complete redesign from what we saw in the EXP 9 F, and it will wear a new name as well: Falcon.
The article says that Luc Donckerwolke, Bentley's newly appointed director of design, is giving the SUV a complete redesign from the concept vehicle, which goes against what we last heard of the vehicle in August that a "radical redesign" was not in the cards. Donckerwolke has been on the design team at various Volkswagen Group automakers since 1992, helping to pen such memorable designs as the Lamborghini Gallardo and Murciélago, but now he is tasked with giving Bentley an SUV worthy of its lineup. Last we heard, the model could go into production in 2015, but there is no indication whether the Falcon will get three-row seating or a plug-in hybrid version as has been previously rumored.