2008 Bentley Continental Gt Gtc Convertible on 2040-cars

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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.

How'd we miss this incredible 24-hour enduro in prewar cars?

Even in today's 24 Hours of Le Mans, not all of the racecars finish the event. Factors like like mechanical failures, crashes and poor weather that can be the doom of any race team. Now, imagine going to a track today and competing around the clock in vehicles built before World War II. That was exactly what the Benjafield's 24 did at the Portimao Circuit in Portugal in October. Somehow, we missed this spectacular event, and so did most of you, judging by the lack of media coverage it received. The event was named after Dudley Benjafield, one of the famous Bentley Boy racers and a winner of the French race in 1927. According to Goodwood Road and Racing, 21 prewar cars entered, and astonishingly, 20 finished. Teams of three or four drivers did two-hour shifts, and more than just old Bentley racers competed. Robbert Alblas, who also made the awesome video above, told Autoblog via email, "The organization is not a allowed to call it a race because of insurance reasons." Therefore, there were no official rankings of where the competitors actually finished. That's a pity, but it doesn't take away from how awesome an undertaking this was. While you can see cars from this period briefly racing at events like the Monterey Motorsports Reunion, witnessing them go for 24 hours is almost an impossibility today. Check out Alblas' fantastic short film of the Benjafield's 24, above, and get a taste of the on-track action. News Source: Goodwood Road and Racing, Robbert Alblas via YouTube Motorsports Bentley Racing Vehicles Classics Videos portugal portimao

2014 Bentley Flying Spur

Redefining Super Luxury On A Shrinking Planet
Anyone on Earth with access to the Internet, a television or radio for the last 20 years knows that China is no longer the poor stronghold for strict Communist ideals that it was for much of the 20th Century. (Well, at least not in some places.) Traveling to China twice in less than a month - first to Shanghai for a very international auto show and now to Beijing to drive and review the 2014 Bentley Flying Spur - I've learned that there's no lack of personal wealth, at least in two of the world's largest cities.
And yet, even I think the scene before me is a little bit ridiculous. Here I am, slowly climbing up a hillside to reach a fortification at something called Zhuanduo Pass, where roughly a dozen pristine examples of Western decadence sit idling their hand-built 12-cylinder engines in the shadow of China's revered and awesome Great Wall. Not five kilometers south of here, I'd passed an old man in traditional all-black garb, literally carrying a bundle of sticks on his back from one side of a village to the other. Now as I look through the snug-fitting and silent side glass of the my $200,000+ palace on wheels, I'm more apt to see fat German tourists crisping in the hot Chinese sun while blowing the equivalent of an average Chinese monthly paycheck on lunch and a few Great Wall souvenirs.