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New 2020 Bentley Bentayga Speed tops out at 190 mph

To the surprise of no one, Bentley is applying the Speed treatment to its SUV offering, the Bentayga, which has become the brand's bestseller. Ever since it first appeared on the 2007 Continental GT, Bentley's Speed variants have denoted higher performance, and the 2020 Bentley Bentayga Speed becomes the top-performing Bentley SUV. It wrings an additional 26 horsepower out of the W12 engine, for a new total of 626 hp.The torque figure of 664 pound-feet (at 1,350 rpm) is unchanged. Those extra ponies are enough to help the new model live up to its billing, with a stated top speed of 190 mph, against 187 mph for the standard W12. With that figure, Bentley claims the mantle of fastest SUV, although Volkswagen Group corporate cousin Lamborghini might have something to say about that, since it claims the same 190-mph V-max for the new Lamborghini Urus. Bentley's factory 0-to-62-mph time is 3.9 seconds, down from 4.1 for the standard Bentayga W12. (That pesky Urus claims 3.6 seconds for the same measure.) Bentley says the W12 engine in the Speed also has a more extroverted exhaust note at start-up and during downshifts. The 48-volt electronic anti-roll system (Bentley Dynamic Ride) is standard. Just as in other Bentaygas, there are four on-road drive modes — and an additional four off-road — with the most aggressive, Sport, recalibrated for Speed duty. The suspension tune is also firmer. As on the V8 and standard W12 models, carbon-ceramic brakes are optional, although there may be a greater call for them here given the Speed's performance capabilities. Visually, the Speed is denoted by darkened front grilles, headlamps, and taillamps. The body also features rocker panel extensions and a liftgate-mounted rear spoiler. Speed-specific 22-inch 10-spoke wheels are available in three finishes. Inside, the Speed debuts Alcantara upholstery (with all-leather a no-cost option), and also features more extensive contrast stitching, illuminated door sill plates, and various "Speed" logos. Both the four- and five-person seating configurations are available. Pricing has not been released, but if you have a need for the Speed, expect to pay more than the $229,100 you'd cough up for a standard W12 Bentayga. Dealers are taking orders now, with U.S. deliveries set to start in the third quarter of 2019. Related Video:

VW makes $23K on every Porsche sold, more than Bentley or Lamborghini

It's a good time to be in the luxury car business. In Volkswagen Group's financial report for the 2013 fiscal year, it is revealed that that Porsche enjoyed an operating margin of 18 percent. That means the Stuttgart brand made on average about $23,200 per car sold, according to BusinessWeek. Bentley wasn't far behind, and Audi (which was combined with Lamborghini) posted a 10.1 percent margin. This compares to only around 2.9 percent for the Volkswagen brand.
"Luxury brands are on fire," said Dave Sullivan, an industry analyst at AutoPacific. He said that the average profit margin is between six and eight percent. Brands like Porsche and Bentley have the benefit of competing in rarefied markets. Buyers looking at one their vehicles have fewer models to shop against and don't care as much about price. They can also charge more for options, which further boosts income, according to BusinessWeek.
In a way, we should be more impressed by the continued success from Audi. Its models generally have direct competitors in every segment from the other premium automakers. Plus, their buyers aren't the captains of industry who are shopping for a Bentley. Still, the Four Rings is leading rivals in sales so far this year.

Volkswagen profit jumps as it warns of a cooling auto market

FRANKFURT, Germany — Volkswagen says its profits jumped 44% in the third quarter thanks to a more profitable mix of vehicles in its lineup but warned that global car markets are slowing more than expected and lowered its forecast for annual sales. After-tax profit rose to $4.42 billion (3.98 billion euros) as revenues rose 11% to $68.27 billion (61.42 billion euros). The sales margin of 7.8% exceeded the goal of 6.5-7.5% as vehicles bringing higher profits took a larger share of sales. The Wolfsburg-based automaker pointed to the headwinds facing the industry by saying that it expects "vehicle markets will contract faster than previously anticipated in many regions of the world." It said sales would be "on a level" with last year's record of 10.8 million vehicles. Previously it had expected a slight increase. The company said its profits would be in the lower end of its forecast range. Global automakers are facing a slowdown in sales amid disputes over trade and from pressure in the European Union and China to develop and sell low-emission vehicles that require heavy investment in new technology. Ford and Renault have issued profit warnings in recent days, while Daimler, maker of Mercedes-Benz luxury cars, lost money in the second quarter and is expected to outline a cost-cutting strategy for investors on Nov. 14. Volkswagen is leading the push into electric vehicles in Europe by launching its ID.3 battery-powered compact car at prices it says will make zero local emission vehicles a mass phenomenon. The company was able to increase earnings in the quarter despite an 18% rise in spending on research and development.