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Audi CEO says brand's EVs are almost as profitable as its other cars

After, oh, a hundred years or so of building vehicles primarily powered by internal combustion engines, automakers around the world have been and still are pumping billions of dollars into the development of electric vehicle technology. Everything from platforms and batteries to motors and the software to control it all requires untold hours of development, and that takes time and money. Fortunately, it's not going to take long for that massive investment to start paying off, at least according to Audi CEO Markus Duesmann, who told Reuters in an interview that "The point where we earn as much money with electric cars as with combustion engine cars is now, or ... next year, 2023. They are very even now, the prices." As a brand, Audi contributed more than a quarter of overall profit for the massive Volkswagen Group, which has such powerhouse brands as Volkswagen and Porsche among others. Under the Audi umbrella are Lamborghini, Bentley and Ducati, and it seems those high-end branches aren't going anywhere, at least for now. "These brands ... are very valuable very profitable brands, where we can even expand the synergy level in the future," Duesmann said in the interview. "There are no plans whatsoever to get rid of them." Despite the overall profitability of the brand, the ongoing global chip crisis is causing headaches. "We had a very strong first half in 2021. We do expect a much weaker second half," said Duesmann, who added, "We really have trouble." In fact, so serious is the trouble that the brand is forced into "a day-to-day troubleshooting process" to limit the chip-shortage damage. The good news for the automaker is that Audi has been able to boost its profit margin from 8% prior to the pandemic in 2019 to 10.7% in the first half of 2021. The bad news is that various chip shortages aren't expected to get a whole lot better over the rest of the year. Related video:

2017 Bentley Mulsanne Speed is more ostentatious than ever

As it was, the Bentley Mulsanne was a pretty bold and ostentatious (and totally awesome) show of luxury. It was big and brutal in a classically British way, but it was also outperformed and out-teched by more modern (and cheaper) luxury sedans from Mercedes-Benz, BMW, and even Audi. Buying one was a classic case study in vehicular statement-making, a vote for old-school refinement instead of modern gee-whizzery. Bentley clearly recognized that fact, because it's doubled-down on the big Mulsanne's aristocratic, give-no-craps demeanor as part of its latest aesthetic update. We love it. For one, the car on display in Geneva is painted is painted in an eye-catching (and questionable) metallic yellow-green. It is not subtle, but weirdly, it kind of works. The new, even more imposing grille is similarly blunt. It's been stretched three inches and is now home to polished stainless steel vanes. As we explained in our original post on the Mulsanne, the new headlight arrangement seeks to eliminate the "droopiness" of the current car. The LED units largely succeed, while somehow giving the front end an even snootier look. Styling changes elsewhere are subtler, which is to say there's still no mistaking the Mulsanne for anything else. The tail gets tasteful new LED lights, while changes along the long, smooth profile look to be nonexistent. It's a similar story in the cabin, which is a place filled with leather, chrome, and wood. It's proper and restrained, in contrast to the look-at-me face. But don't let the handsome and clean interior fool you – the only thing less subtle than the Mulsanne's new front fascia is the performance of this Speed variant. The 6.75-liter, twin-turbocharged V8 continues to reside under hood, turning out 530 horsepower and 811 pound-feet of torque. That's good for a 4.8-second 0-60 time and a 190-mile-per-hour top speed. Those are impressive figures for a genuine sports car, but they're just hilarious in a vehicle the size of a New York City apartment and the weight of a piece of construction equipment. The Mulsanne is an unnecessary, silly vehicle – a Mercedes-AMG S65 is a much better value. But simply put, few cars make such a bold statement about your wealth and power.

Bentley Continental has come a long way in 63 years

Ever wonder why Bentley calls its coupe the Continental? We'll give you a hint: it's not because it comes with orange juice and a breakfast roll. It's because the coupe was designed to traverse entire continents in speed and comfort. And it has been doing that for 63 years now. The fastest four-passenger vehicle of its day, the original Bentley R-Type Continental is considered to be the world's first grand tourer. The Continental was based on the R-Type saloon, retaining its 4.6-liter inline-six but replacing the four-door bodywork with an altogether more elegant, dynamic form. The two-door bodywork was crafted by H.J. Mulliner & Co, whose name still adorns Bentley's customization department, and whom parent Rolls-Royce favored over its usual Park Ward for its pioneering skills in lightweight construction. The result was a vehicle that could sweep along the highways constructed in post-war Europe with ease and grace at speeds up to 120 miles per hour. Of the 2,000+ R-Types that Bentley made in the early 1950s, only 208 were Continentals, making it one of the most sought-after Bentleys of all time – and one of the most beautiful. It's that spirit which the company aims to carry forth with its namesake, the latest Continental GT Speed, which stands as the fastest production model Bentley has ever offered. Of course it's not just on the road where Bentley forged its reputation, but on the racetrack as well. That history stretches back to the famous Birkin Blower that won at Le Mans in 1930 straight through to the Continental GT3 that scored podium finishes at Paul Ricard and the Nurburgring this year. Watch the video above and scroll through the galleries below to see Bentleys old and new come together and demonstrate the heritage that they're always crowing about in Crewe. BENTLEY CONTINENTAL: EVOLUTION OF AN ICON - New film features 16MY Continental GT Speed and R-Type Continental - Traces the DNA and design of the Continental from 1952 to present - 16MY GT Speed is the fastest production car ever made by Bentley (Crewe, 16 December 2015) The Bentley Continental GT is one of the most iconic cars on the road today. The Continental name first entered the company's lexicon in 1952 with the R-Type Continental – arguably the world's first Grand Tourer. With a top speed of 120 mph it was the fastest four-seater in the world at the time of its launch.