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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 Continental GT3 grows wings to conquer the Pikes Peak Hill Climb

Apparently, this is a Bentley. That may not be obvious at first glance on account of the … everything, but this winged beast does have a Bentley logo on it. You see, Bentley is headed on back to Pikes Peak for a third (and final) time. The companyÂ’s first two visits saw the production SUV record achieved with the Bentayga W12 and the outright production car record taken with the Continental GT. This time, Bentley is targeting the “Time Attack 1” record, and the Continental GT3 Pikes Peak is its steed of choice. Leading the car's superlative features is what Bentley claims to be “the biggest rear wing ever fitted to a Bentley.” We heartily approve. The aerodynamic package is fully in vogue with other cars built specifically for Pikes Peak. Maximum downforce is generated with the huge wing, a gigantic diffuser, two-plane splitter and aggressive dive planes. ItÂ’s more track rat than elegant race car with the numerous scoops and venting throughout. The exhaust cutouts just aft of the front wheels complete the hooligan package. This Continental may have Bentley lights on it, but the similarities between it and the road car donÂ’t go much further. Details about the engine are limited, but Bentley says itÂ’s a 4.0-liter turbocharged V8 racing engine, not a production V8 or W12. Modifications were made to make it more powerful for this Pikes Peak run, but Bentley also made adjustments for the fuel it will be running in the car. Instead of running this Continental on race fuel, itÂ’s going to be using biofuel-based gasoline. WeÂ’ve heard Porsche make waves about the potential of greener biofuels helping to drastically reduce emissions, and now Bentley is making some noise about the tech, too. In coordination with Porsche (all in the same VW Group house), Bentley is researching how it could use biofuels and “e-fuels” to potentially power both past and future Bentley cars. As of today, Bentley is saying that using these fuels could result in greenhouse gas emissions reductions of up to 85%. Put simply, thatÂ’s huge, if it can be made to work at a large scale. Bentley expressly states that this research into biofuels doesnÂ’t affect its plan to become an electric-only automaker by 2030. Instead, Bentley sees it as a way to allow the brandÂ’s past and current gasoline-powered vehicles to be driven far into the future — just over 80% of all Bentleys ever built are still on the road, according to BentleyÂ’s internal tracking.

New Bentley Supersports coming in 2014

A report in Autocar says the next Bentley Continental Supersports will be ready for retail duty in 2014. If true, the coupe is meant to follow the same formula as the first generation, which means weight loss, honed reflexes and "improving braking power," that last one an eyebrow raiser because the Continental series already has some of the largest diameter brakes available on a production car.
A vulgar gain in horsepower isn't planned, however; the Supersports was never primarily about pure grunt, but rather being more connected to the grunt the Continental had. The previous Supersports (Bentley no longer offers it) put out 621 horsepower, but it's said that the coming model will move up to 650 hp, and that would put healthy distance between it and the 616-hp Continental GT Speed.
The Supersports would take a place at the head of the Continental line-up, but be briefly usurped there by a road-going version of the Continental GT3 race car if that comes to fruition. But whereas the street-legal GT3 car would be limited production, the new Supersports would be a series offering.