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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.

Take a closer look at the Bentley Bacalar with Top Gear

We haven't returned to the Golden Age of coachbuilding yet — meaning the the century-old, Roaring Twenties process of purchasing a rolling chassis from a manufacturer and delivering it to a design house for one-of-a-kind bodywork. Assuming such artistic reversion is even possible, the emphasis is on the word "yet." Aston Martin announced the formal split of its Q division into three disciplines, Commission for low-volume and one-offs, Collection for precious tweaks to production vehicles, and Accessories for individual pieces. Bentley has made a similar tripartite distinction, and takes us closer to coachbuilding history with creation of the Mulliner Bacalar. In doing so, Bentley adds another super-low-volume, super-dearly-priced piece of hardware to the ranks of such emerging from Europe. Top Gear's Jack Rix stopped by to have a seat in the $1.96-million roadster named after a lake in Mexico and inspired by last year's EXP 100 GT concept.    It looks just as good in the studio as it does in photos. The Yellow Flame that incorporates ash from burned rice husks as an environmentally friendlier means to a metallic effect looks more matte to us, but we have no complaints. A lot of thought and work clearly went into the 22-inch, diamond-cut wheels and their "ninja star" center caps. The infinite detailing inside mixes different finishes for the same materials, including two looks for what Rix dubs "bog wood," and extends to the knurled ends on the steering column stalks. And our opinion is that every Continental needs that ramped console, and at least the option of the sinuous center tunnel lines that create individual storage areas behind the seats for two Schedoni bags. Schedoni, by the way, has made the custom-fitted luggage for Ferrari cars since 1977, and also supplies Lamborghini, Maserati, Pagani, and Rolls-Royce. One of the most exquisite points about the Bacalar might be a detail Rix doesn't get into, since the detail concerns the continuation series of the 1929 4.5-litre Blower Bentleys that Mulliner is producing for another 12 clients for the same $1.96M price. As Autocar explains, Bentley Boy Tim Birkin's heel created a depression in the floorboard of Blower #2 that he raced at Le Mans. The continuation cars can be such precise copies that Mulliner will ask Blower buyers if they want that same heel depression and other scuff marks in their floorboards.

Bentley Continental Flying Spur spied lapping the 'Ring

It's been months since we've heard anything about the next-gen Bentley Continental Flying Spur. We know the four-door variant of the Bentley Continental GT is coming sometime soon, but all we've seen so far is one batch of spy shots of a car that doesn't stray too far from the current model. This new batch of photos shows another familiar car lapping the Nurburgring. Although this car is still heavily camouflaged (with some stickers that make it look like the current car), we can make some good assumptions based on the Continental GT. The car will have a larger grille, a new headlight design and oval taillights that mirror the exhaust tips. Under the hood, we expect the turbocharged W12 to carry over. Look for V8 and plug-in hybrid variants to arrive sometime down the line. We don't know when the car will go on sale, but don't expect to wait too much longer. It's been eight months since the Continental GT was revealed, and this is really nothing more than a platform variant. Look for a full reveal sometime this summer. Related Video: Featured Gallery Bentley Flying Spur spy shots View 10 Photos Image Credit: CarPix Design/Style Spy Photos Bentley Luxury Sedan bentley flying spur bentley continental flying spur