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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.

2015 Bentley Mulsanne Speed unleashes a tidal wave of torque

811 lb-ft of torque puts the Mulsanne Speed out ahead of every so-called muscle car on the market and eclipses most million-dollar hypercars.
Those in the market for a sedan with equal levels of performance and luxury would do well to stop by their local Bentley dealership, and have a look at the Flying Spur. Though not available in Speed trim like the previous four-door Continental, the W12 model already packs the 616-horsepower 6.0-liter twin-turbo W12 from the Continental GT Speed - and we wouldn't be surprised to see the British automaker come out with an even more performance-oriented version in the future. But what about the Mulsanne?

2015 Bentley Mulsanne Speed

Why does the Bentley Mulsanne Speed exist? Sam Graham, product line director for the Mulsanne, tells us Bentley's Western customers demanded it, many driven by memories of the Arnage T - the hotted-up version of the Arnage R. The Arnage T, you may remember, arrived in 2002 and threw down 459 horsepower and 645 pound-feet of torque on its way to being billed the most powerful production Bentley ever. Today's Mulsanne Speed picks up the torch and takes it all the way to the Olympic stadium.
Driving Notes
It starts with an upgrade to 530 hp at 4,200 rpm and 811 lb-ft of torque at a limbo-esque 1,750 rpm. That's an additional 25 hp and 86 lb-ft compared to the standard sedan, enabling a top speed of 190 miles per hour. That torque figure makes it second only to the Bugatti Veyron among production cars, and that terminal velocity makes it the fastest ultra-luxury sedan on God's Own Green.