2017 Bentley Flying Spur V8 Sedan 4d on 2040-cars

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Volkswagen posts quarterly profit despite drop in sales

Volkswagen returned to profit in the third quarter as surging Chinese demand for luxury cars helped offset a 1.1% drop in vehicle deliveries due to the pandemic, sending its shares as much as 3% higher on Thursday. The German automaker's return to the black comes amid spiking coronavirus cases in Europe that led governments in France and Germany to order their countries back into strict national lockdowns on Wednesday. "The coronavirus remains a central problem," Volkswagen Chief Financial Officer Frank Witter said in a conference call with reporters. "This situation now is anything but relaxed." But Witter said the group expected the economic recovery to continue and did "not anticipate any nationwide lockdowns in larger markets." Witter said the takeover of U.S. truck maker Navistar International by Volkswagen's trucking unit Traton was an important acquisition, but the "current economic climate will not make this easy." Volkswagen reiterated it expects to post a profit for the full year, saying its business "recovered noticeably" in the third quarter as sales in China of premium vehicles, including Audi and Porsche sports cars, rose 3%. The quarterly performance was also aided by a series of cost-cutting measures launched earlier this year. Volkswagen said its net liquidity rose to 24.8 billion euros from 18.7 billion at the end of the second quarter. Excluding one-time items, third-quarter operating profit was 3.2 billion euros ($3.8 billion), down from 4.8 billion euros a year earlier, but up from a second quarter loss of 1.7 billion. In a note to clients, Jefferies analyst Philippe Houchois described the results as a "solid performance with strong cash, but relatively muted in the context of the (auto) sector recovery." Last week, German rival Daimler reported a record 24% jump in Chinese demand for its Mercedes-Benz cars, boosting its margins in the third quarter. Italian-American Fiat Chrysler Automobiles and Peugeot manufacturer PSA Group both also posted solid results this week. Witter said Volkswagen could not say for sure whether it would meet EU CO2 emissions targets this year, adding "it will be a tough race." At 1030 GMT, Volkswagen shares were up 2.9% at 129.20 euros. Related Video: Earnings/Financials Audi Bentley Bugatti Lamborghini Porsche Volkswagen

The Bentley Flying Spur V8 shows even a basic Bentley is a nice place to be

While it is hard to call any Bentley entry-level, the Flying Spur V8 that's debuting at the Geneva Motor Show is technically the lowest rung among Bentley's four-doors. However, if our experience with the Continental GT V8 is anything to go by - the Spur and the Conti still share a platform, despite the former dropping "Continental" from its branding - the loss of a few cylinders won't harm the overall experience.
The latest model uses the 4.0-liter twin-turbo V8 with cylinder deactivation that produces 500 horsepower and 487 pound-feet of torque. It is capable of accelerating to 60 miles per hour in 4.9 seconds to a top speed of 183 mph. Power is sent to all four wheels through an eight-speed automatic transmission, and it rides on an air suspension.
Buyers wanting a little more luxury (and who doesn't?) can opt for the Mulliner Driving Specification that adds diamond-quilted leather, a leather headliner, power rear seats and 20-inch wheels. The Flying Spur V8 will join the Flying B's lineup this spring.

Your Bentley interior can literally rock with stone trim

The ultra-luxury car market has been moving in the direction of ever more customization to provide buyers the most unique products possible. The latest move comes from Bentley and its Mulliner division, which has added some special interior trims to the existing line of gloss wood. Now buyers with the means can finish their Bentley interiors in open-pore wood, carbon fiber, aluminum, color-matched paint and even stone. The two most impressive interior trims are the stone and open-pore options. The stone veneers are made from slate and quartzite, and are available in four different colors: Autumn White, Copper, Galaxy, Terra Red or the Galaxy that's shown in the gallery above. In order to keep the stone from adding too much weight, the veneer is only 0.1 mm. It's also finished so that you can feel the texture of the rock. For the open-pore trim, Bentley offers three wood choices: Liquid Amber (made from American Red Gum), Dark Burr and Tamo Ash. Each has a unique grain that can be felt thanks to the 0.1-mm thick matte protective coating, which is a fifth the thickness of the gloss wood coating. The carbon fiber trim is pretty straightforward. It's gloss carbon fiber, though Bentley says the the resin it uses highlights the weave of the carbon. The aluminum is also fairly straightforward, featuring a thee-dimensional texture mirroring the grille of the car. The diamond-brushing is meant to emphasize the dimension to the panels. Interestingly, this option is exclusive to the Bentayga. Choosing painted trim gives owners the most variety in choice, since they can opt for any of Bentley's 88 exterior colors, or have the panels matched to the interior leather. Related Video: