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Check out King Charles III's $17.6 million car collection

King Charles III's coronation will take place in England on May 6, and being crowned a monarch comes with a long list of perks with four wheels. He will gain full access to the Royal Family's fleet of cars, which is valued at about GBP14 million (approximately $17.6 million). The two most expensive cars in the collection are nearly identical: they're a pair of Bentley State Limousine models (pictured) built for Queen Elizabeth II, King Charles III's mother, in 2002. Only two units were made, and they're both part of the Royal Family's fleet, so they're difficult to put a value on; it's not like one is going to end up listed on your favorite auction site anytime soon. British company Nationwide Vehicle Contracts, which compiled the list, estimates that each armored, 245-inch long sedan is worth at least GBP10,000,000 (roughly $12.6 million). Dropping below the eight-digit threshold, the second-most-valuable car in the Royal Family's fleet isn't really a car. It's the Gold State Coach, which Matchbox recently released a 1/64-scale replica of, and its value is estimated at GBP1.6 million (about $2 million). At 275 inches long it's even bigger than the Bentley limousine and it weighs about 9,000 pounds. It's 261 years old and designed to be pulled by eight horses, and has been part of every coronation since 1831. The rest of the Royal Family's vehicles are relatively mundane. There's a 1965 Aston Martin DB6 Volante that Queen Elizabeth II and her husband, Prince Phillip, bought for King Charles III on his 21st birthday. It's worth GBP1 million (about $1.2 million). The collection also includes a Rolls-Royce Phantom VI (about $627,000), a Bentley Bentayga (about $201,000), a Land Rover Range Rover long-wheelbase Landaulet ($133,000), a Jaguar XE (about $41,000), and a Land Rover Defender ($38,000). "Luxury cars have long been associated with the monarch and King Charles III, in particular, is known for his fondness of motor vehicles. His impressive collection features sentimental value with motors passed down from his late mother, Queen Elizabeth II, to cars bought for him by his parents," explained Keith Hawes, the director of Nationwide Vehicle Contracts, in an interview with CBS News. Being at the head of a car-making nation's royal family also comes with drawbacks: Every vehicle in King Charles III's fleet is British.

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.

2019 Bentley Continental GT: High fashion at its best

The new 2019 Bentley Continental GT has been revealed, and it is a stunner. It shows a healthy influence from the brand's recent show cars, especially the EXP 10 Speed 6. This is a very positive thing. Whereas the exterior of the second-generation car looked exactly like that of the first, the new car sports fresh surfacing that is at once more elegant and more athletic, while also delighting in technical detailing that deepens upon second and third glance. The styling of a six-figure, ultra-luxury Grand Tourer must evolve slowly for a number of reasons. Their wealthy buyers – looking for a prime valet spot at the country club more than at the night club – tend to be a bit more conservative in their tastes than those in the market for a knife-edged exotic. They also prefer their recently purchased six-figure, ultra-luxury Grand Tourer not to be rendered irrelevant in the status game by the introduction of a radically differentiated new model. This is especially true for Bentley and its Continental GT. This model, launched back in 2004, though tracing its roots back much further, brought the company's design out of the anachronistically (if delightfully) baroque and into the aerodynamically imposing modern era. It was the first true 21st century Bentley, decades ahead of the neoclassic design it replaced while faithfully harkening back to cues from the marque's venerable history, especially its long flanking body line, and conspicuous rear haunches. It immediately became Bentley's best seller, a position it has maintained until this year, when it's been outsold slightly by the gauche and indistinct Bentayga SUV. We believe this error will correct once the new GT is available. Much of the success of the design comes from its transference to a platform shared with the new Porsche Panamera. The previous-generation Continentals were built on underpinnings originally created for the VW Phaeton, a configuration that was, at heart, front-drive with all-wheel-drive capabilities, packaging that required engine placement ahead of the front axle. This new stablemate has a rear-wheel-drive bias, allowing for more traditional and gracious grand touring proportions on the surface. It reflects the movement of the engine farther back on the chassis, with a long hood and more hunkered-down and planted rear. We detect luscious shades of 1960s Ferrari Superfast cues in this tapering front-to-rear, side-to-side and along the flanks.