Bentley Continental Flying Spur Sedan on 2040-cars

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Volkswagen profit jumps as it warns of a cooling auto market

FRANKFURT, Germany — Volkswagen says its profits jumped 44% in the third quarter thanks to a more profitable mix of vehicles in its lineup but warned that global car markets are slowing more than expected and lowered its forecast for annual sales. After-tax profit rose to $4.42 billion (3.98 billion euros) as revenues rose 11% to $68.27 billion (61.42 billion euros). The sales margin of 7.8% exceeded the goal of 6.5-7.5% as vehicles bringing higher profits took a larger share of sales. The Wolfsburg-based automaker pointed to the headwinds facing the industry by saying that it expects "vehicle markets will contract faster than previously anticipated in many regions of the world." It said sales would be "on a level" with last year's record of 10.8 million vehicles. Previously it had expected a slight increase. The company said its profits would be in the lower end of its forecast range. Global automakers are facing a slowdown in sales amid disputes over trade and from pressure in the European Union and China to develop and sell low-emission vehicles that require heavy investment in new technology. Ford and Renault have issued profit warnings in recent days, while Daimler, maker of Mercedes-Benz luxury cars, lost money in the second quarter and is expected to outline a cost-cutting strategy for investors on Nov. 14. Volkswagen is leading the push into electric vehicles in Europe by launching its ID.3 battery-powered compact car at prices it says will make zero local emission vehicles a mass phenomenon. The company was able to increase earnings in the quarter despite an 18% rise in spending on research and development.

Autoblog's Editors' Picks: Our complete list of the best new vehicles

It's not easy to earn an “EditorsÂ’ Picks” at Autoblog as part of the rating and review process that every new vehicle goes through. Our editors have been at it a long time, which means weÂ’ve driven and reviewed virtually every new car you can go buy on the dealer lot. There are disagreements, of course, and all vehicles have their strengths and weaknesses, but this list features what we think are the best new vehicles chosen by Autoblog editors. We started this formal review process back in 2018, so there's quite of few of them now. So what does it mean to be an EditorsÂ’ Pick? In short, it means itÂ’s a car that we can highly recommend purchasing. There may be one, multiple, or even zero vehicles in any given segment that we give the green light to. What really matters is that itÂ’s a vehicle that weÂ’d tell a friend or family member to go buy if theyÂ’re considering it, because itÂ’s a very good car. The best way to use this list is is with the navigation links below. Click on a segment, and you'll quickly arrive at the top rated pickup truck or SUV, for example. Use the back button to return to these links and search in another segment, like sedans. If youÂ’ve been keeping up with our monthly series of the latest vehicles to earn EditorsÂ’ Pick status, youÂ’re likely going to be familiar with this list already. If not, welcome to the complete list that weÂ’ll be keeping updated as vehicles enter (and others perhaps exit) the good graces of our editorial team. We rate a new car — giving it a numerical score out of 10 — every time thereÂ’s a significant refresh or if it happens to be an all-new model. Any given vehicle may be impressive on a first drive, but we wait until itÂ’s in the hands of our editors to put it through the same type of testing as every other vehicle that rolls through our test fleet before giving it the EditorsÂ’ Pick badge. This ensures consistency and allows more voices to be heard on each individual model. And just so you donÂ’t think weÂ’ve skipped trims or variants of a model, we hand out the EditorsÂ’ Pick based on the overarching model to keep things consistent. So, when you read that the 3 Series is an EditorsÂ’ Pick, yes, that includes the 330i to the M3 and all the variants in between. If thereÂ’s a particular version of that car we vehemently disagree with, we make sure to call that out.

New Bentley Continental GT3 race car looks beautiful and brutal

Bentley has been building and racing GT3-class versions of the Continental GT since about 2013. As such, it's really no surprise that Bentley would create one based on the newest Continental GT, as seen above. Still, we're glad to see it, especially because it looks really mean, and better than the outgoing racer. Part of the design improvements are due simply to the new road car's looks. The lower, wider grille, and tidier, less bulbous tail do a lot to make the race car look much lower and more aggressive than the old car. But the racing-specific bodywork is cleaner and more aggressive, too. Large overfenders are fitted both front and rear, and they each have integrated intake vents at the leading and trailing edges. The openings at the front of the front fenders are curved such that they look a bit like angry eyebrows. The rear diffuser looks better integrated with the body now, rather than simply lurking behind a cut-down rear bumper. The big wing with outboard supports is also impressive. Performance-wise, there likely won't be a major difference between this and the outgoing car. It seems power is down a bit to over 550 horsepower rather than over 600 horsepower. Curb weight is estimated to be under 1,300 kg, which is about 2,866 pounds. That's also similar to the old car. Power also continues to come from a twin-turbocharged V8 sending power to the rear wheels. This is a sharp contrast to the road car's twin-turbocharged W12 sending power to all four wheels. For any enterprising racers looking to trade to a new car or get into a GT3, Bentley will begin selling the new Continental GT3 next June. Pricing has not been announced. Related Video: Featured Gallery 2018 Bentley Continental GT3 race car Image Credit: Bentley Motorsports Bentley Coupe Racing Vehicles bentley continental gt3