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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 plotting Mulsanne performance model for Paris debut

Between three distinct body styles and numerous engine specifications, Bentley has made more versions of the Continental over the years than we would care to count. But one thing it has, by and (very) large left alone is the Mulsanne. Sure, it's done some special editions and some extra equipment packages - it's even toyed with the idea of a two-door convertible version - but at the end of the day, the Mulsanne soldiers on as a four-door sedan with one engine and one engine alone. That may be about to change, however.
Fueled by ambiguous pronouncements from Bentley's returning chief Wolfgang Dürheimer, rumors from the UK suggest that the Flying B marque is preparing a more performance-focused version of the Mulsanne to debut at the Paris Motor Show this October.
Details are few and far between, but we'd expect the Mulsanne's long-serving 6.75-liter V8 engine to be further tuned beyond its current specification of 505 horsepower and 752 pound-feet of torque, accompanied by a stiffer suspension, bigger brakes and other upgrades. Historically Bentley would turbocharge the Mulsanne's predecessors (to turn the 90s-era Brooklands, for instance, into the Turbo R), but the Mulsanne's engine is already spooled up, so the British automaker will likely have to massage the extra muscle out another way.

Bentley mulling own spec series for gentlemen racers?

We began to salivate when we saw the Bentley Continental GT3 up close and personal at the 2012 Paris Motor Show. The thought of a track-going Continental GT conjured up notions of the Bentley Boys, the original gentlemen racers, tearing down the Mulsanne straight. Well, according to AutoGuide, it appears our wistful ponderings will be realized in the form of an international spec racing series.
Similar to the Porsche Carrera Cup or the Ferrari Challenge, this will be a one-make series, and Bentley seeks to run races in Europe, North America and Asia. As for the latter, Bentley Board Member for Marketing Kevin Rose suggested that China will be the likely host of an Asian race. According to Rose, sportscar racing is of interest to Bentley's Chinese customers. He also says that there will be participation by dealers. "Our dealers are by definition car nuts," claims Rose.
While the Continental GT3 is being developed for pro-level use, Bentley is apparently working on a turn-key car for gentlemen racers. According to Rose, "We want to make it as easy as possible." While that doesn't sound like the devil-may-care Bentley Boys of yore, it's likely better to attract participation. The first trials are expected for 2013, and Bentley is even considering making vehicles available for privateer teams.