1999 Bentley Arnage Sedan 4 Door 4.4l 60,769 Miles! on 2040-cars

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'Rich Kid of Instagram' victim of supercar arsonists

A 19-year-old in the UK is smarting after the possibility that his prolific social media use may be at the heart of four family-owned supercars going up in flames in barely a week. Aleem Iqbal has thousands of followers on Twitter and Instagram paying attention to his frequent posts about the high-priced cars he's driving. He's even been featured on the Tumblr page Rich Kids of Instagram. It appears that some people might not be so smitten with him, though.
According to his Twitter profile, Iqbal owns Platinum Executive Travel, a luxury car rental company in the England, and UK newspaper The Telegraph claims the company is also owned by Iqbal's father. On June 6, cameras caught three hooded men setting fire to a Lamborghini Aventador Roadster leased by the company for a wedding. A few days later, two Audi R8 Spyders and a Bentley Continental Flying Spur from Platinum also got the torch, and two men were caught on camera setting the blaze. Nobody was hurt in either of the attacks, and the Aventador appeared to be repairable with the fire causing most damage to the passenger seat and dashboard. Police are still investigating both of the crimes.
According to The Telegraph, Iqbal believes that the arsons could have stemmed from jealousy towards him and his family's business. Regardless, setting fire to a bunch of cars that are likely insured isn't a great way to show displeasure.

Is Bentley testing a hardcore Continental GT V8?

The Bentley Continental GT V8 is a darn good car. The GT V8 S, even more so. It's only logical, then that an even hotter Conti GT would be commensurately better. At least, we're hoping that's what the minds at Bentley's Crewe, UK headquarters were thinking when they dispatched this bewinged GT V8 to the Nürburgring.
This Conti GT stands out not only because of its wing, but because of its improved aerodynamics as a whole. A new front fascia, complete with a body-color lip spoiler is the big visual takeaway of this car's sportier intensions, while our spies claim this white whale rides on a lowered, firmer suspension.
The real question about this car has to do with its powerplant, though. What's under hood? The GT V8 S returns an impressive 521 horsepower while the base Conti W12 churns out 567 ponies, meaning there isn't a lot of wiggle room between what is currently the priciest V8 model and the cheapest twelve-cylinder car. The 4.0-liter, twin-turbocharged V8, though, is certainly capable of handling more than 521 hp, as Audi uses a 560-hp variant in the RS7. Our spies, meanwhile, suggest that this may merely be an even lighter version of the GT V8 S - maybe like an RS model - that is lighter and stiffer, but no more powerful.

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.