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Audi CEO says brand's EVs are almost as profitable as its other cars

After, oh, a hundred years or so of building vehicles primarily powered by internal combustion engines, automakers around the world have been and still are pumping billions of dollars into the development of electric vehicle technology. Everything from platforms and batteries to motors and the software to control it all requires untold hours of development, and that takes time and money. Fortunately, it's not going to take long for that massive investment to start paying off, at least according to Audi CEO Markus Duesmann, who told Reuters in an interview that "The point where we earn as much money with electric cars as with combustion engine cars is now, or ... next year, 2023. They are very even now, the prices." As a brand, Audi contributed more than a quarter of overall profit for the massive Volkswagen Group, which has such powerhouse brands as Volkswagen and Porsche among others. Under the Audi umbrella are Lamborghini, Bentley and Ducati, and it seems those high-end branches aren't going anywhere, at least for now. "These brands ... are very valuable very profitable brands, where we can even expand the synergy level in the future," Duesmann said in the interview. "There are no plans whatsoever to get rid of them." Despite the overall profitability of the brand, the ongoing global chip crisis is causing headaches. "We had a very strong first half in 2021. We do expect a much weaker second half," said Duesmann, who added, "We really have trouble." In fact, so serious is the trouble that the brand is forced into "a day-to-day troubleshooting process" to limit the chip-shortage damage. The good news for the automaker is that Audi has been able to boost its profit margin from 8% prior to the pandemic in 2019 to 10.7% in the first half of 2021. The bad news is that various chip shortages aren't expected to get a whole lot better over the rest of the year. Related video:

This FL man accused of stealing drivers licenses has best tattoo ever

Bentley and Porsche are two of the jewels in Volkswagen Group's luxury brand crown, but in Florida they also have a very tenuous connection with crime. With his multiple face and neck tattoos, including a Bentley logo right between his eyes, Derek Denesevich (pictured above) has been charged with the surprising crime of alleged identity theft. He recently surrendered to a Florida court, and could face seven years in prison, if convicted.
You might wonder where Porsche fits into this. According to the Sun Sentinel, Denesevich's accomplice was one Porscha Kyles, who worked for the Broward Clerk of Courts. She allegedly used her access to driver's license records to steal information and sell it to Denesevich. He is then accused of filing fraudulent income taxes to recoup the refund checks.
According to the Sentinel, Kyles has already pleaded guilty to conspiracy and identity theft and was sentenced to three years and one day in prison. The duo reportedly stole over 100 identities and made at least $120,000. Scroll down for a video about this pair of auto-related criminals.

Bentley Bentayga leaks out in miniature form

Want to know what the completed, production-ready Bentley Bentayga will look like? So do we all, and we've had some pretty good glimpses at it already. But this could be our best look at the finished form yet. Leaking out in China are images not of the vehicle itself, but of a 1:18 scale model of Bentley's forthcoming inaugural sport-ute. And though that may not tell us precisely what it'll look like in full scale, it ought to give us a pretty darn accurate preview. Particularly given the detailed measurements with which these model manufacturers have to work. The design is pretty much as you might expect it to look. That is to say proportions typical of a full-size Volkswagen Group crossover like the Touareg, Audi Q7, or Porsche Cayenne. Bentley design cues set it apart: four round headlights up front flanking an upright mesh grille, side vents on the front fenders, a tasteful smattering of chrome trim, and big wheels. Looks like it'll have a pretty big glass roof, too. Or put another way, it looks like a toned-down version of the EXP 9 F concept that divided opinions when it debuted back at the 2012 Geneva Motor Show. One way or another, we're expected to see the beast in the flesh (or the machine in the metal) at the Frankfurt Motor Show next month, so it won't be long now. In the meantime, you can scope out more over at CarNewsChina.com. Related Video: