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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.

Bentley considering smaller coupe

Only halfway through the year, Bentley reports that it's on track to post record sales. Thanks in no small part to the introduction of its new V8 engine in the Continental family, sales are up nearly a quarter over last year. And they only stand to increase even more with the introduction of new models currently in the pipeline. The upcoming SUV will surely form a large part of that, but it won't be the end of the story for the storied marque.
Car and Driver reports that, after the SUV, Bentley plans to introduce a new coupe line below the Continental to square off against the Aston Martin V8 Vantage. Details are few and far between at this point, but considering how much Bentley manages to do with the relatively heft Continental GT, a lighter and more nimble sports car sounds promising.
In related news, rumors are gathering pace that Bentley is planning to introduce a new Mulsanne Speed at the upcoming Paris Motor Show, its Jurassic-era 6.75-liter V8 massaged from 505 horsepower - already the most that engine has produced in its half-century history - up to around 550.

Bentley EXP 100 GT could become an ultra-exclusive topless two-seater

By most standards, Bentleys are already pretty expensive, but as the global economy funnels more and more wealth to the very top, the luxury automaker plans to cater to an ever-richer clientele with ultra-exclusive, even-more-expensive models. Britain's Autocar reports that one such proposed model is an open-topped two-seater that borrows heavily from the EXP 100 GT concept (pictured), which, if approved, would sell for 1.5 million pounds ($1.9 million) or more. Although the EXP 100 GT concept, which debuted this past summer in celebration of the brand's 100th anniversary, had a configurable two- or four-seat interior and a mostly glass roof, the proposed model is a two-seater with no roof whatsoever — practicality, evidently, not being much of a consideration for the ultra rich. Exclusivity, however, is very important, and it's said that only 12 examples would be built, with Bentley's in-house coachbuilder Mulliner tasked with the construction. Whereas the concept was an EV, the Mulliner-built car would ditch that idea in favor of a traditional Bentley W12 borrowed from the Continental GT — which currently makes 626 horsepower and 664 lb-ft of torque. From the concept, the new model borrows its styling, as well as some of it exotic materials, which included 5,000-year-old wood salvaged from peat bogs and infused with copper, synthetic leather created from wine-making byproducts, and crystal trim elements. If approved, the two-seat barchetta could arrive as soon as 2021. Bentley Convertible Luxury