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VW Group to split brands under four holding companies

The Volkswagen Group is planning a tremendous shift in its internal structure that will decentralize operations by splitting its 12 brands into four different holding companies. Here's the breakdown. Things will be split logically, considering the inter-sharing of parts, platforms, and engines. The Volkswagen brand, Seat, and Skoda make up a passenger vehicle division led by former BMW man Herbert Diess. Audi, which is tightly intertwined with Lamborghini and motorcycle manufacturer Ducati, will be managed by current Audi exec Rupert Stadler. Porsche and Bentley, which are already quite close, will be joined by Bugatti and run by Matthias Mueller. Finally, a commercial vehicles division will include Volkswagen Commercial, Scania, and Man. Former Daimler exec Andreas Renschler will take care of the big vehicles. The massive move, according to Automotive News Europe, is part of an internal VAG effort to move away from the structure established by ousted Chairman Ferdinand Piech, who favored a compact, but highly centralized, management structure to oversee the independent actions of the company's brands. Criticism of Piech's arrangement stemmed from the company's slow responses to changes in the market, ANE reports. The new structure should make for a more efficient, streamlined company that's better able to make crucial decisions. What are your thoughts? Should VAG decentralize, or did Piech have the right idea? Have your say in Comments.

Bentley releases official Continental GT3 details [w/video]

It's been almost a year since we first laid eyes on the Bentley Continental GT3, but this race-bred Continental GT is finally ready to show off its moves. After debuting last year at the Paris Motor Show, the Continental GT3 makes its racing debut today at the Goodwood Festival of Speed before competing in the FIA Blancpain Series next year.
While Bentley released some of the car's details last month, we now have all we need to know about this car such as its curb weight of less than 2,866 pounds, its 4.0-liter twin-turbo V8 packing 600 horsepower and four-way adjustable suspension dampers. The exterior of the car stays true to the design of the Continental GT but has been given a once over to improve aero, and the interior has been stripped down to the bare essentials for racing. This doesn't mean that all luxury was thrown out the window, though, as the Continental GT3's steering wheel, door pulls and seat are all covered in hand-stitched leather. Scroll down for the official press release as well as a video showing the car in action.

2014 Bentley Continental GT Speed arrives as the fastest Flying B to date

We know what you must be thinking: another Bentley Continental. And we can hardly argue with you, because that's exactly what this is. But what you're actually looking at is the fastest production Bentley ever.
It's the new Continental GT Speed, and it's just been unveiled in both coupe and convertible form here in Geneva. Its 6.0-liter twin-turbo W12 engine has been tuned to deliver 626 horsepower to all four wheels. That's just five horses more than the previous Continental Supersports, but with all the other enhancements applied to the Conti in the mid-cycle refresh, it's actually faster.
While the previous Supersports could reach 204 miles per hour, the new GT Speed can hit 206. (The revised drop-top GTC Speed is quoted at 203 mph, one tick faster than the Supersports Convertible). Of course none of that will, practically speaking, mean anything in real-world driving (especially considering that Crewe hasn't released any acceleration figures), but is worth that extra bit of bragging rights. It also sets the stage nicely for the next Supersports model, which in this context ought to be even faster and more powerful.