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Volkswagen might cut 40 models across brands to save cash

Volkswagen once set out to pass Toyota and General Motors and become the largest automaker in the world. Following months of fallout from the diesel emissions scandal, the manufacturer is rumored to be dropping around 40 models from its company-wide lineup. According to German business and finance publication Handelsblatt, the Volkswagen Group is looking to slim down and remove a number of low-volume vehicles from various lineups. The company currently sells around 340 models across brands that include Audi, Lamborghini, and Bentley. Volkswagen is refusing to comment, but Handelsblatt claims to have sources within the company. Last week, Volkswagen Group CEO Matthias Muller announced a new strategy for the company that includes a major focus on electric vehicles and new technology services. During his announcement, Muller said the company would be cutting a number of models, but at the time no numbers, models, or brands were discussed. Despite comments to the contrary, rumors have persisted since late last year that Volkswagen was looking to sell commercial truck and bus manufacturer MAN. Volkswagen owns truck and bus manufacturer Scania, so even if it dropped MAN, the company would still have a foothold within the bus and truck market. There is also talk of the company selling Italian motorcycle manufacturer Ducati, which Volkswagen acquired via Audi in 2012. The company's image has taken a huge hit in the wake of the diesel scandal. Volkswagen has set aside cash in order to pay fines and may be looking to sell these several subsidiaries and cut low-volume models in order offset the costs. Despite the scandal, the company led worldwide sales in the first quarter of 2016. The same was true in 2015, but sales tanked at the end of the year following the diesel revelations. Related Video: Rumormill Audi Bentley Volkswagen Ducati

Bentley CEO Adrian Hallmark explains carmaker's situation and plan for recovery

In August, we posted on some of the issues plaguing Bentley at the moment, namely the large loss the carmaker's posted this year. The same Autocar piece we referenced, carmaker CEO Adrian Hallmark said Bentley would not be making more sports cars. Bentley wrote to us to clarify that a single year's loss isn't a calamity, that "it is a mistake to suggest that sports cars are the same as GTs," and that the brand "will continue to design, engineer, and craft" GT cars. We must note, though, that at the time, Hallmark himself said, "The sports car sector – like our own...." More recently, Hallmark expounded on some of the factors slowing the company down this year, from delayed launches to exchange rates. Through the first nine months of the year, Bentley sold 6,654 units, an 11 percent decline from the 7,498 units sold through the first nine months of 2017. In addition to other matters like huge investments in new technologies, that helped the Crewe carmaker to a $44.7-million year-over-year drop in revenue, and a $156-million overall loss, compared to a $35 million profit over the same period last year. On top of declining sales overall, the nine-month delay in launching the Continental GT, the brand's second-best seller, was the first of two big issues causing red finances. Hallmark said the Continental GT "just wasn't ready for launch. But we'd paid for it – we'd paid all the money out, but not got any money back in." Having got that sorted, the second issue arose: WLTP certification. Unlike the New European Driving Cycle (NEDC) before it, the Worldwide harmonized Light vehicles Test Procedure requires every model variant get tested for certification. Hallmark told Automotive News Europe, "We were not quick enough unfortunately to book capacity or prioritize our derivatives within some of the group processes to get them certified on time." Bentley wasn't alone in this; Volkswagen had only managed to get seven of its 14 models approved by September 1 when the WLTP rules took effect. Bentley's much smaller scale exacerbated the problem, turning the situation "close to catastrophic." Hallmark said the snafu robbed the Bentayga of 300 to 400 sales - a gigantic number with respect to a $200,000 vehicle - and pushed the Bentayga plug-in hybrid launch back to March 2019 so Bentley could get volume models certified. Furthermore, preparing for Brexit hasn't been easy on any of the UK's manufacturers.

Bentley Bentayga dives deep into luxury with touches of pearl

As some of the most luxurious vehicles on the planet, Bentleys are inspirational (and aspirational) to thousands of customers and fans around the globe. But sometimes, Bentley is the one finding inspiration in its customers. As a special commission for a Middle Eastern client, Bentley and in-house specialty shop Mulliner have created the limited-edition "Pearl of the Gulf" Bentayga, complete with pearl trim and a fingerprint safe. Only five examples, each different from the one before it, will be made. The Pearl of the Gulf proudly ties in the cultural history of the Middle East. For centuries, pearl diving and harvesting has been a major economic key to cities around the Arabian Gulf. And it just so happens, the gleaming stones are beautiful enough to complement the Bentayga's high-class personality. On the car shown here, Bentley artistically integrated a mother-of-pearl-laced dhow diving boat within the Dark Fiddleback Eucalyptus wood dashboard. Mother of pearl is also seen on the Breitling clock in the center of the dash. Furthering the elevated feel of the cabin is a special technological add-on. Bentley installed a high-pressure die-cast aluminum storage unit that only unlocks with the touch of the owner's finger. The biometric fingerprint sensor is intended to secure any valuables while the car is left in an exposed environment or handed off to drivers. The rest of the cabin is a two-tone blend of light Linen and dark Brunel leather, a theme meant to evoke the coloring of a pearl and its shell. The quilted seats and door paneling have Camel and Brunel contrast stitching, and gold embroidery adds extra sparkle. Linen lambswool rugs turn the floor into a delightful rest area for the feet, and door sills highlight the car's "1 of 5" status. The remaining examples will be built by Mulliner's crew in Crewe, England. Featured Gallery Bentley Bentayga Pearl of the Gulf by Mulliner View 10 Photos News Source: Bentley Bentley SUV Luxury bentley bentayga Mulliner