Mrs. on 2040-cars

Auto blog

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.

2021 Bentley Flying Spur Speed spied undisguised, may be PHEV

The 2020 Bentley Flying Spur luxury sedan was just revealed a few months ago, but its high-performance Speed variant should be launching very soon. One of our spy photographers caught what appears to be a Flying Spur Speed completely undisguised. It follows the pattern of past Speed models in terms of style, but it may be powered by a hybrid powertrain, which would be a first for the Speed line. When it comes to the design, the Flying Spur Speed is quite subtle. The body is pretty much untouched except for the black mesh grilles. All the chrome trim has been changed over to gloss black as well, just as previous Speed models have done. At the back, the car now features quad exhaust tips that exit through the oval outlets in the bumper. The exterior also leads us to believe this is a hybrid. Looking closely at the back, you can see the factory fuel filler door nestled in the top of the right rear fender. Looking over to the left rear fender, you can just make out yet another small filler door ahead of the taillight. This door doesn't appear on the regular Flying Spur, so we believe it's an electric charger port door. The question is, what hybrid powertrain could it be using? It's likely not using the V6 hybrid from the Bentayga, since we've established that this is a Flying Spur Speed, but Bentley doesn't have any other plug-in hybrid powertrains at the moment. It's possible it could use a version of the Porsche Panamera Turbo S E-Hybrid V8 powertrain, which makes 677 horsepower and 626 pound-feet of torque. That would be more power than the regular Flying Spur's W12, if a bit less torque. And of course Bentley could probably tweak it for a bit more power. Then again, maybe Bentley will adapt some hybrid tech to its W12. Whatever the case may be, this should be a very interesting car. And since this is just a high-performance variant that's clearly pretty far in development, we should see it officially revealed soon. It would make sense for it to be launched for the 2021 model year and shown within a year.

2014 Bentley Continental GT V8 S

Bentley still appeals to those with an appreciation for strong, Old World traditionalism. Cars wearing the storied Flying B have been discussed in wood-paneled drawing rooms by men wearing earthy tweeds and corduroy through clouds of fragrant cigar and pipe smoke, for decades. It is a company that has spent nearly 100 years building cost-no-object autombiles, for rich drivers who require a tremendous way to waft above the Sturm und Drang of mortal motoring.
The Bentley Continental GT, while unmistakably a party to that legacy of wooly privilege, has always seemed better suited to the nouveau riche than the landed gentry. The Mulsanne and the Continental Flying Spur still carry forward the brand's heritage of unfathomably fast, gargantuan sedans, while the GT has been busy inveigling an entirely new class of buyer with its lottery-win good looks.
A microsecond version of that analysis was all I had time for as I careened around another heroic left-hand sweeper in this Ice (white) 2014 Bentley Continental GT V8 S. For a car with roots in rainy England and German-engineering genes, the V8 S felt remarkably at home while crushing the desert-strewn distance between San Diego and Palm Springs - almost the epicenter of the New World's Golden West.