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Trump reportedly says he wants to wipe German cars off the U.S. map
Thu, May 31 2018BERLIN/FRANKFURT — A report that U.S. President Donald Trump has threatened to pursue German carmakers until there are no Mercedes-Benz rolling down New York's Fifth Avenue dented shares in the luxury car manufacturers on Thursday. An excerpt from German magazine Wirtschaftswoche's article, which cited several unnamed European and U.S. diplomats but did not include any direct quotes, could not be independently verified, while a U.S. Embassy spokesman in Berlin referred questions to Washington. The news and current affairs magazine said Trump had told French President Emmanuel Macron in April that he aimed to push German carmakers out of the United States altogether. Macron's administration in Paris declined to comment on the report. The Trump administration last week opened a so-called Section 232 trade investigation into vehicle imports, which could result in a 25 percent tariff on cars on the same "national security" grounds Washington used to impose metals duties in March. This could destroy exports by German carmakers, which control 90 percent of the U.S. premium market and are the biggest European Union exporters of cars to the United States. BMW owns Rolls-Royce, while Daimler has Mercedes-Benz, and Volkswagen controls Bentley, Bugatti, Porsche and Audi. Daimler, BMW and Audi declined comment. Porsche was not immediately available for comment. BMW shares were trading 0.5 percent lower at 0939 GMT, while Daimler and VW's shares were down 1 percent and 1.6 percent respectively, underperforming Germany's blue-chip DAX. Trump has railed against German carmakers before. And in early 2017, in an interview with German newspaper Bild, he said he would impose 35 percent tariffs on imported cars. At the time, the president called Germany a great car producer but said that the business relationship with the United States was an unfair one-way street. Germany's auto industry association VDA says its members exported 657,000 vehicles to North America last year, with total exports of vehicle components, cars, engines, as well as second-hand vehicles totaling 31.2 billion euros in 2016. Imports from the United States to Germany amounted to 7.4 billion euros, meaning a trade deficit of 23.8 billion euros the VDA's latest available figures show. However, German brands also have huge factories in the United States, where they built 804,000 cars last year, VDA said, providing jobs for U.S. workers. Berlin has reacted angrily to the U.S.
Bentley Bentayga flops around on the 'Ring
Sun, May 24 2015Bentley CEO Wolfgang Durheimer said the coming W12 Bentayga SUV will be the fastest SUV on the market, drawing a response from Porsche R&D chief Wolfgang Hatz that the next-generation Porsche Cayenne will outdo the Bentley on the road, and with a smaller V8 engine. We're going to assume that post and riposte is over top-speed honors, because judging by video of a prototype Bentayga lapping the Nurburgring, it won't be a Continental GT with a lift kit and it won't even be a current Cayenne GTS. In this video the Bentayga looks built for luxury, not cornering speed, as the body rolls over to the outside and the nannies shift the nose back into line when the driver pushes it through curbs. Or it could be that like the Mercedes-Benz G-Class, the Bentayga comes with some intense off-road chops that preclude tight-ship turning. And admittedly, we have no idea how this prototype is set up, but Porsche will probably take it as more reason to be smug anyway. Related Video: The video meant to be presented here is no longer available. Sorry for the inconvenience.
Bentley Bentayga will be the world's fastest SUV
Fri, Sep 4 2015Bentley is getting close to unveiling the Bentayga crossover. And this latest preview clip packs a punch. The Bentayga is depicted in the video above and the images below undergoing high-speed testing on an oval test track (albeit still under camouflage). And with it comes some interesting figures. First, Bentley confirms the Bentayga will adopt a new 6.0-liter W12 TSI engine. Revealed this past May in Vienna, the engine still features the same unique layout and twin-turbo setup, but features a new injection system and other advancements to deliver 600 horsepower and 664 pound-feet of torque. That will make the Bentayga, in Bentley's own words, "the fastest, most powerful SUV in the world." To back up the claim, it's showing the ultra-luxe sport-ute reaching a top speed of 301 kilometers per hour. That's 187 miles per hour to us, or a good 11 mph faster than the Porsche Cayenne Turbo S and 25 mph clear of the Range Rover Sport SVR. In other words, as far as top speed in SUVs is concerned, the Bentayga will be the new king of the hill... for now, at least. BENTAYGA: EXPLORING THE LIMITS OF PERFORMANCE Bentayga reaches 301 km/h, making it the fastest SUV in the world (Crewe, 04 September 2015) The all-new W12 TSI engine is the most technically advanced 12-cylinder in the world, delivering the best combination of power, torque and efficiency of any car in its class. With a top speed of 301km/h, the Bentayga will be the fastest, most powerful SUV in the world. This film provides a glimpse of what is to come: a unique combination of performance and luxury. Performance of this nature is rare in any car. It was unheard of in an SUV – until now.