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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 unveils Continental GT ice racer

Bentley has unveiled a new special edition of its Continental GT coupe with photos taken high in the Austrian Alps. On Monday, we were shown teasers of a Conti GT swathed in an eye-popping blue done up to look like an all-wheel-drive backcountry snow eater, and now all has been revealed. This particular Continental GT will be running in livery that pays homage to its fraternal twin, which won the Pikes Peak International Hill Climb in 2019 and shares the same factory-built, twin-turbocharged W12. The 6.0-liter engine offers 626 horsepower and 664 pound-feet of torque. Bentley says it'll do 0-60 mph in 3.6 seconds on the way to a top speed of 207 mph. Bentley says the the car’s three chamber air springs, 48V active anti-roll control system and iron brakes are entrusted with the cool running of the Continental GT on the purpose-built ice track — their pun, not ours.  Going further, a number of clues points toward an off-road-ish variant of the Continental GT. ThereÂ’s the more rugged-looking treatment of the lower front fascia, where the fog lights are now encased in black trim that also lines the wheel arches, and Pirelli tire logos are displayed prominently at each front quarter. ThereÂ’s also a ski rack on the roof, which may also feature front-illuminating LED lamps, and the coupe looks to have been lifted ever so slightly. Junior World Rally Championship driver Catie Munnings will take to the wheel of the Bentley Continental GT at the 2020 GP Ice Race in Zell am See. The FIA European Rally Championship Ladies Trophy winner will be the first woman to race a Bentley in the modern era, the automaker said.  Bentley teased the new racer Monday on twitter: Spotted today in Kitzbuhel, Austria...anyone want to guess what this is? WeÂ’ll reveal all on Tuesday...#Bentley #ContinentalGT pic.twitter.com/u3ltMdw4LI — Bentley Motors Comms (@BentleyComms) January 25, 2020 This is the latest fruit of BentleyÂ’s collaboration with Italian ski-maker Bomber Ski, with whom Bentley recently partnered to offer limited-edition co-branded $2,750 skis and a ski-and-drive experience in March in Telluride, Colorado and Park City, Utah, starting at a cool $17,950. Bomber Ski counts former U.S. skiing phenom and Olympic gold medalist Bode Miller as one of its principals. WeÂ’ve seen the No. 9 on a Bentley before, with the limited-edition Number 9 Edition by Mulliner unveiled last March as part of BentleyÂ’s centennial celebration. The number nods to the No.

Bentley Continental GT commemorating Pikes Peak win is one green machine

Back in June, the Bentley Continental GT set a production-car record for the Pikes Peak hill climb, and now there's a limited edition to celebrate. Maybe the wait was so the brand's Mulliner division could work up a batch of the car's special green paint, which Bentley calls Radium. The green hue is taken from the hill climb car's livery, and it appears not only on the body, but also on the Pirelli P Zero tires and inside as contrast stitching, floor mat edging, and embroidery of Pikes Peak on the headrests. The not-quite-matching color on the brake calipers is Bentley's Acid Green. Besides Radium, the model also is offered in black. The special edition also features Pikes Peak graphics on the front fenders, a carbon fiber body kit, a black roof panel, black side mirrors, and 22-inch wheels also in black. Buyers can opt for Bentley's "100" grille (honoring the brand's centenary year), as pictured here. Besides the Radium green accents, the interior also comes with carbon fiber and gloss-black trim. A graphic showing one of five different sections of the track appears above the glove box, along with the record time of 10:18.488. Bentley's rotating center display also is included along with comfort-spec front seats and deep pile floor mats. All of the cars will be fitted with the 626-hp W12 engine. Pricing for the Pikes Peak limited edition depends on buyer specification, so there's no official MSRP. Nor is there a specific model name. But Bentley is saying that only 15 cars with this special set of extras will be built, and even without a name, it shouldn't be hard to distinguish them from other Continental GTs.