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New Bentley boss nixes any new sports cars in its money-losing lineup
Tue, Aug 21 2018Adrian Hallmark took over the helm at Bentley on February 1 this year. Volkswagen poached him from Jaguar, where he headed the brand's global strategy. Or perhaps we should say re-poached him, since Hallmark served as Bentley's board member in charge of sales and marketing from 1999 to 2005, and helped guide the original Continental GT to market. He's now responsible getting Bentley in better shape financially and sales-wise, and positioning it for growth. Among the products necessary to do that, Hallmark recently told Autocar that flashy coupes won't cut it. "I'll tell you what we won't be building," he said, "and that's sports cars." That means we can forget about the gorgeous EXP 10 Speed 6 coupe that had a rumored place in the lineup after a sub-Bentayga CUV, and the EXP 12 Speed 6e battery-electric convertible. Hallmark cited a few issues with the segment, the first being that the segment hasn't yet recovered from the recession, and the buyer demographic that's left goes up in age every year, clearly a losing game. The kinds of younger buyers who would buy Bentleys, athletes and entertainers, are deterred from the purchase by contractual limitations like injury clauses or aversion to paparazzi photos. As well, in China, wealthy buyers get SUVs or limousines, but Hallmark believes Bentley hasn't adopted the the proper strategy there to take advantage. This is far more than about sports cars for Bentley, though; a recent article in German newspaper Handelsblatt outlined a number of situations the carmaker needs to rectify, including the finding that Bentley's "losing money hand over fist instead of racking up the hefty margins more typical of the class." A German study claimed that whereas Ferrari makes around $80,000 on every car it sells, and Porsche makes a little more than $19,000 on each car (last year it was a little more than $17,000) Bentley loses a little more than $19,000 on each unit. The English manufacturer has posted an operating loss of roughly $92 million through the first six months of 2018, the latest figures in a decline that began in 2014. That financial timeline, however, coincides with Bentley's $1.1B investment in new technologies, which the carmaker cites as the reason for profitability woes.
New Civic, FCA UAW Agreement, Frankfurt | Autoblog Minute
Fri, Sep 18 2015FCA reaches a tentative agreement with the UAW, Honda reveals the all new 2016 Civic, and the Frankfurt Motor Show dazzles us again.Senior editor Greg Migliore reports in the Weekly Recap edition of Autoblog Minute Weekly. UAW/Unions Bentley Honda Jaguar Porsche Tesla Autoblog Minute Videos Original Video FCA porsche mission e civic
2021 Bentley Bentayga Hybrid revealed with tech improvements, same powertrain
Mon, Jan 4 2021The 2021 Bentley Bentayga Hybrid is here, and it’s treated to the same round of updates as the rest of the refreshed Bentayga lineup. That means it gets the new exterior design, a thoroughly revised interior and plenty of new tech. Nothing on the powertrain side has changed for the plug-in hybrid Bentley. ItÂ’ll continue to make do with a 3.0-liter twin-turbo V6 aided by an electric motor. Output remains the same at 443 horsepower and 516 pound-feet of torque combined. EPA range is not yet available, but given the 31-mile NEDC-tested range hasnÂ’t changed, we donÂ’t expect the 18-mile EPA-rated electric range to budge either. The biggest upgrade draw inside is the new 10.9-inch infotainment system. ItÂ’s the latest and best Bentley has to offer, and it features wireless Apple CarPlay and wired Android Auto. A wireless phone charger, new USB-C ports and a larger rear seat touchscreen remote tablet round out the best of the interior changes. ThereÂ’s more space for passengers in the rear. And Bentley upped its luxury game with a redesigned dash, instrument cluster (digital), door trims and steering wheel. The seats are re-done for even more comfort, too. Bentley hasnÂ’t detailed any fine tuning changes it may have made to the way the Bentayga Hybrid drives, but given our disappointing first drive a couple of years ago, we hope there are some unsung, under the hood improvements. The telltale sign that itÂ’s the PHEV is via the tiny “Hybrid” script on the lower door trim. Bentley says the updated Hybrid is available to order now, but we donÂ’t yet have a full breakdown of pricing. Expect it to maintain its status as the cheapest Bentley in the brandÂ’s lineup. Related video: