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VW Group shareholders demand Bentley return to profit

The Volkswagen Group's main shareholders are giving British ultraluxury division Bentley an ultimatum to turn around its finances and start earning a profit. The Piech and Porsche families did not say what would happen if the brand fails to return to the black, but they said it should happen within two years. "The important thing is for every (VW Group) brand to generate a reasonable contribution again," Wolfgang Porsche told the subscription-only Frankfurter Allgemeine Zeitung, as relayed by Automotive News. "That is not currently the case at Bentley, and we are not satisfied." Volkswagen Group has not yet issued its report for full-year 2018, but Bentley had lost the equivalent of $157 million through the first nine months on an 11 percent decline in sales. In 2017, Bentley sold 10,566 vehicles globally, with revenue down 9.2 percent from 2016. VW Group apparently cites the slow rollout of the Continental GT and the British pound's lower value amid Brexit talks, which makes the many parts it sources from continental Europe more expensive, as among the reasons. A German study last summer claimed that Bentley lost a little more than $19,000 on each car. Adrian Hallmark started as CEO in February 2018 after heading global brand strategy for Jaguar. Bentley in 2018 released the all-new 2019 Continental GT after a nine-month delay, and it revealed the GTC convertible version in Los Angeles. Hallmark has said 2019 "is a conversion year to a better business model" after a year plagued by problems that also included European WLTP certification. He announced last year the luxury brand would no longer build new sports cars, though the brand says it's still committed to the idea of the two-door GT. Bentley has also said it wants electrified versions of all its models by 2025, which will be an expensive proposition and will likely including plug-in hybrid versions of current models.

Bentley Mulliner Bacalar is so bespoke, it's a whole different car

Bentley talks a lot about “bespoke” — the customized elements done at the hands of its Mulliner division — but the newly unveiled Bentley Mulliner Bacalar takes the idea to a new level. This isnÂ’t just a unique paint color or a special upholstery fabric or a fabricated housing for an ownerÂ’s pet ferret. ItÂ’s a completely custom-bodied automobile, one that transforms the Continental GT convertible into a restyled two-seat roofless barchetta, which takes its name from a lake in MexicoÂ’s Yucatan Peninsula. Bentley claims that not a single exterior body panel from the Continental GT remains unchanged on the Bacalar, and the design is said to be inspired by last yearÂ’s EXP 100 GT concept. That show car was a coupe with scissor doors and an electric powertrain. The Bacalar is none of those things. But you can see some rub-off from the EXP 100 GT in the detailing, such as the horizontal lighting elements at the front and the rear. This example wears special Yellow Flame paint that incorporates the ash from burned rice husks as a more environmentally friendly way to create a metallic effect. In the Bentley Mulliner Bacalar, the doors and fenders are made from carbon fiber, while the clamshell covering over the rear compartment is aluminum. The body panels feature additional air intakes, a double hump behind the front seats, and more pronounced rear haunches over the 20-mm wider rear track. There is no roof — presumably owners will drive one of their dozens of other cars if rain is predicted. It would be a shame, after all, to let this interior get wet. The BacalarÂ’s cabin has just two seats, with a carved-out luggage hold behind each one that is specially designed to fit custom-matched bags made by Italian luggage maker Shedoni. The reworked center console angles up to meet the dash, which contains BentleyÂ’s Rotating Display and a digital instrument cluster that differs from that of production Bentleys. The seats are upholstered in British wool together with two types of leather, and the wool elements also appear on the console and door panels. The wood trim — in both matte and gloss finishes — is sourced from 5,000-year-old trees harvested from rivers, lakes and peat bogs. The 6.0-liter twin-turbocharged W-12 engine is massaged to the tune of 650 horsepower and 667 lb-ft of torque (versus 626 ponies and 664 lb-ft in the Conti GT). The W-12 is paired with an eight-speed dual-clutch automatic transmission and rear-biased all-wheel drive.

Bentley SUV given green light by VW board

The "will they, won't they" saga over Bentley's SUV plans appears to finally be over. They will. That's according to the German business newspaper Handelsblatt, which is reporting that the controversial SUV will be built after receiving the go-ahead from Volkswagen's board.
Known internally as "Falcon," the still-unnamed Bentley SUV will be based on the EXP 9 Concept that received wildly mixed reviews at its 2012 Geneva Motor Show unveiling. Since the EXP 9's unveiling, there have been a steady stream of leaks and rumors suggesting that the bold-faced vehicle will get a redesign prior to going into production, but it remains unclear how different the final vehicle will look.
According to Automotive News, Bentley is itself stopping short of confirming the green-light report, though it does admit that the SUV's production outlook appears "very positive." Production will likely take place in Slovakia at a plant owned by parent Volkswagen.