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Matthias Muller officially named VW Group CEO

While the vast number of rumors made it seem like a foregone conclusion, Porsche boss Matthias Muller has officially been named Volkswagen Group CEO to replace the recently resigned Martin Winterkorn. His contract runs through the end of February 2020, and until a replacement is found, Muller also gets to hang onto his old job as chairman of Porsche. At the same time, the VW Group Supervisory Board is announcing a massive structural reorganization across the entire company, with the new management model in place by the beginning of 2016. Contrary to previous rumors, Michael Horn remains as President and CEO of VW Group of America. The board wants a greater emphasis on brands and regions going forward, and the scale of this shift can be seen in the US. On November 1, VW Group business in the US, Mexico, and Canada is being combined under the leadership of current Skoda chairman Winfried Vahland. However contrary to previous rumors, Michael Horn remains as President and CEO of VW Group of America. Other brands are also seeing some significant changes mechanically. Porsche, Bentley, and Bugatti now fall under the Group's "sportscar and mid-engine toolkit." This means that the brands will start sharing standardized technical parts. A Chief Technical Officer across all of the company's brands will also start working toward future innovations. The new brand-centric view means the end of a group-wide production department. "Going forward, the brands and regions will also have greater independence with regard to production. So it follows that they should also hold the responsibility for these activities," Berthold Huber, interim Chairman of the Supervisory Board, said in the announcement. In a statement with the press release about his promotion, Muller promised to turn the company around after such an international crisis. He said: "My most urgent task is to win back trust for the Volkswagen Group – by leaving no stone unturned and with maximum transparency, as well as drawing the right conclusions from the current situation. Under my leadership, Volkswagen will do everything it can to develop and implement the most stringent compliance and governance standards in our industry." Matthias Muller appointed CEO of the Volkswagen Group Muller remains Chairman of Porsche AG until a successor has been found Matthias Muller (62) has been appointed CEO of Volkswagen AG with immediate effect.

Bentley officially returns to racing at Gulf 12hr

For a company with a tendency to name its cars after parts of the Circuit de la Sarthe like Arnage and Mulsanne, Bentley sure has been gone from endurance sportscar racing for a long time. It famously won the 24 Hours of Le Mans five times in the 1920s, but didn't come back until 68 years later to win again in 2003. That was the last time Bentley competed on the world stage... until now.
Bentley first revealed its rekindled racing ambitions with the Continental GT3 at the 2012 Paris Motor Show. The car would be developed for privateer racers, and that's all led up to this point. Team M-Sport, which you may know better for having run Ford's World Rally Championship team, was charged with developing the car, and it entered the new racecar this past weekend in the Gulf 12 Hours in Abu Dhabi. There, on the Yas Marina Circuit in the United Arab Emirates, the Continental GT3 diced it with GT3 versions of the likes of the Ferrari 458, Mercedes-Benz SLS AMG and McLaren 12C.
So how did it fare on its first time out? Well the race is split into two six-hour sessions, and the Conti finished third in the first heat (behind the AF Corse Ferrari and Black Falcon Benz) and fourth in the second (just edged out by another 458 entered by Kessel Racing). Not a bad outcome for Bentley's first race in a decade. And the Abu Dhabi race was essentially a dress rehearsal for next season when the Continental GT3 will be entered in the full 2014 Blancpain Endurance Series.

New Bentley Continental GT3 race car looks beautiful and brutal

Bentley has been building and racing GT3-class versions of the Continental GT since about 2013. As such, it's really no surprise that Bentley would create one based on the newest Continental GT, as seen above. Still, we're glad to see it, especially because it looks really mean, and better than the outgoing racer. Part of the design improvements are due simply to the new road car's looks. The lower, wider grille, and tidier, less bulbous tail do a lot to make the race car look much lower and more aggressive than the old car. But the racing-specific bodywork is cleaner and more aggressive, too. Large overfenders are fitted both front and rear, and they each have integrated intake vents at the leading and trailing edges. The openings at the front of the front fenders are curved such that they look a bit like angry eyebrows. The rear diffuser looks better integrated with the body now, rather than simply lurking behind a cut-down rear bumper. The big wing with outboard supports is also impressive. Performance-wise, there likely won't be a major difference between this and the outgoing car. It seems power is down a bit to over 550 horsepower rather than over 600 horsepower. Curb weight is estimated to be under 1,300 kg, which is about 2,866 pounds. That's also similar to the old car. Power also continues to come from a twin-turbocharged V8 sending power to the rear wheels. This is a sharp contrast to the road car's twin-turbocharged W12 sending power to all four wheels. For any enterprising racers looking to trade to a new car or get into a GT3, Bentley will begin selling the new Continental GT3 next June. Pricing has not been announced. Related Video: Featured Gallery 2018 Bentley Continental GT3 race car Image Credit: Bentley Motorsports Bentley Coupe Racing Vehicles bentley continental gt3