2011 Bentley Continental Gtc Speed Convertible 2-door 6.0l 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.

2013 Bentley Continental GTC V8

Despite having a rich history of creating comfortable cars for the chauffeured elite, Bentley has also had an edge on performance that its former compadres at Rolls-Royce could not come close to. Because while the Rollers may have been the better cars to be driven in (and some would argue, they still are), the Bentleys were better to drive.
That's still true to this day, where the company, now situated under the umbrella of the Volkswagen Group, still offers all the same luxury and refinement as before, but it also includes even better drivability than before. Nowhere is this more evident than in the Continental range, where a full line of turbocharged 12-cylinder and Speed models are on offer, to say nothing of older Supersports models that were offered and the company's newest venture into the world of racing, the GT3.
But below the Speed cars and the other W12 cruisers, Bentley now offers eight-cylinder power in its Continental range. And despite this more focused approach to offering something a bit more frugal and efficient, it still has quite the focus on driver involvement. We recently spent a week under the summer sun in this droptop V8 GTC to experience just that.

Tesla Model S Plaid takes first in class at Pikes Peak

Tesla celebrated a victory in the Exhibition class at the 2021 Pikes Peak International Hill Climb Sunday, laying down a 6:57.220 pass on the famous uphill time attack – good enough for 10th place overall – in the hands of pro driver Randy Pobst.  Pobst documented the attempt in the above video and called the Unplugged Performance Model S race car "the most bad-to-the-bone electric car ever made," praising its performance. Note that the race car uses an old-fashioned, round steering wheel ... because it's better. Though this year's climb was held on a course that was shortened due to weather conditions farther up the mountain, Tesla's attempt paid off quite handsomely yet again.  Things were not so rosy for Bentley, which finished second to sister brand Porsche in the Time Attack 1 class. Bentley driver Rhys Millen was hoping to nail down the third and final course record to complete its triple crown with its bonkers Continental GT3 Pikes Peak racer, but Romain Dumas spoiled their fun in the 2019 Porsche 911 GT2RS Clubsport, knocking off the bigger Bentley with a few seconds to spare. Bentley's finish was still strong enough for 4th overall despite the disappointment. Related video: