2007 Bentley Contintal Flying Spur Mulliner W/ 4 Place Seating on 2040-cars

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If VW defaults on loans it may sell Bentley or Lamborghini

If something goes catastrophically wrong with Volkswagen Group's recent $21 billion loan, brands like Bentley or Lamborghini could hit the auction block. According to two insiders to Reuters, the beleaguered German automaker agrees with its creditors to sell assets if the company somehow can't pay back the debt in a year. One of these anonymous people claimed the company hasn't yet deliberated over what to sell. However, the sources were willing to speculate that the power engineering portion of Man could be among the first to go. "Volkswagen may also consider divesting luxury car brands Bentley and Lamborghini or motor bike brand Ducati, although these units don't really move the needle," an insider said to Reuters. VW Group negotiated with the banks earlier this week to get the massive loan. The cash is necessary as a buffer in case the automaker doesn't have enough money on hand to repair vehicles or settle upcoming fines. VW would reportedly issue bonds in the spring to begin paying the debt. The company's bills will start racking up quickly in the new year. German authorities mandate a recall there in early 2016, and repair campaigns in the US for the 2.0- and 3.0-liter diesel engines are inevitable. There are also hundreds of class-action lawsuits to settle. The company needs to resolve its CO2 emissions scandal in Europe, too. In response to these financial threats, VW management created a cost-cutting plan to slash the research and development budget by $1.1 billion next year.

Trump reportedly says he wants to wipe German cars off the U.S. map

BERLIN/FRANKFURT — A report that U.S. President Donald Trump has threatened to pursue German carmakers until there are no Mercedes-Benz rolling down New York's Fifth Avenue dented shares in the luxury car manufacturers on Thursday. An excerpt from German magazine Wirtschaftswoche's article, which cited several unnamed European and U.S. diplomats but did not include any direct quotes, could not be independently verified, while a U.S. Embassy spokesman in Berlin referred questions to Washington. The news and current affairs magazine said Trump had told French President Emmanuel Macron in April that he aimed to push German carmakers out of the United States altogether. Macron's administration in Paris declined to comment on the report. The Trump administration last week opened a so-called Section 232 trade investigation into vehicle imports, which could result in a 25 percent tariff on cars on the same "national security" grounds Washington used to impose metals duties in March. This could destroy exports by German carmakers, which control 90 percent of the U.S. premium market and are the biggest European Union exporters of cars to the United States. BMW owns Rolls-Royce, while Daimler has Mercedes-Benz, and Volkswagen controls Bentley, Bugatti, Porsche and Audi. Daimler, BMW and Audi declined comment. Porsche was not immediately available for comment. BMW shares were trading 0.5 percent lower at 0939 GMT, while Daimler and VW's shares were down 1 percent and 1.6 percent respectively, underperforming Germany's blue-chip DAX. Trump has railed against German carmakers before. And in early 2017, in an interview with German newspaper Bild, he said he would impose 35 percent tariffs on imported cars. At the time, the president called Germany a great car producer but said that the business relationship with the United States was an unfair one-way street. Germany's auto industry association VDA says its members exported 657,000 vehicles to North America last year, with total exports of vehicle components, cars, engines, as well as second-hand vehicles totaling 31.2 billion euros in 2016. Imports from the United States to Germany amounted to 7.4 billion euros, meaning a trade deficit of 23.8 billion euros the VDA's latest available figures show. However, German brands also have huge factories in the United States, where they built 804,000 cars last year, VDA said, providing jobs for U.S. workers. Berlin has reacted angrily to the U.S.

2022 Bentley Flying Spur Odyssean Edition launches the hybrid in style

The 2022 Bentley Flying Spur Hybrid will be the second plug-in hybrid in the company's lineup. And the brand is bestowing it with a special model called the Odyssean Edition to kick it off. It has some unique interior features that Bentley claims are more sustainable, but we would argue they don't do much to make the big sedan particularly green, at least not beyond its hybrid nature. Set that aside, though, and the Odyssean Edition is still a nice machine. The interior is the highlight of the Odyssean Edition, and in particular, the contrast stitching used on the seats. They've been dyed so that they start dark on the outer edges and fade to a lighter tone in the center. Bentley says this is the first time this stitching design has been used on a production car, with it originally appearing on the EXP 100 GT concept car. The rest of the interior is covered in natural leather (supposedly for its longevity), natural finish Koa wood (supposedly for less lacquer use) and some 100% wool spun into tweed panels on the backs of the front seats. You can get other Bentleys with leather and natural-finish wood, so they aren't really an extra step toward sustainability. On the outside, the Odyssean Edition is distinguished by champagne-colored accents on the 21-inch wheels, as well as the lower chrome and headlight and taillight surrounds. A badge also appears on the rear pillar. Bentley recommends six paint colors to match the accents, but if you really want to, you can pick from anything in the Bentley color range. Customers can also add options to the Odyssean Edition. We're a little surprised that some of those options include fairly common features such as ambient lighting, puddle lights, lane-keep assist, adaptive cruise control and a head-up display. But less common options include a leather headliner, light-up hideaway hood ornament, 3D diamond upholstery on door panels (shown in the gallery), revolving center display, wool carpeting and night vision. Availability and pricing were not announced. We would expect it to go on sale by the end of the year like regular Flying Spur Hybrids. And like those standard cars, the Odyssean Edition gets the same twin-turbo 2.9-liter V6 hybrid making 536 horsepower and 553 pound-feet of torque. Range from its 14.1-kWh battery is estimated at more than 25 miles. Related Video: Byron plays rich in the 2021 Bentley Flying Spur V8 | Autoblog