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Audi CEO says brand's EVs are almost as profitable as its other cars

Mon, Oct 4 2021

After, oh, a hundred years or so of building vehicles primarily powered by internal combustion engines, automakers around the world have been and still are pumping billions of dollars into the development of electric vehicle technology. Everything from platforms and batteries to motors and the software to control it all requires untold hours of development, and that takes time and money. Fortunately, it's not going to take long for that massive investment to start paying off, at least according to Audi CEO Markus Duesmann, who told Reuters in an interview that "The point where we earn as much money with electric cars as with combustion engine cars is now, or ... next year, 2023. They are very even now, the prices." As a brand, Audi contributed more than a quarter of overall profit for the massive Volkswagen Group, which has such powerhouse brands as Volkswagen and Porsche among others. Under the Audi umbrella are Lamborghini, Bentley and Ducati, and it seems those high-end branches aren't going anywhere, at least for now. "These brands ... are very valuable very profitable brands, where we can even expand the synergy level in the future," Duesmann said in the interview. "There are no plans whatsoever to get rid of them." Despite the overall profitability of the brand, the ongoing global chip crisis is causing headaches. "We had a very strong first half in 2021. We do expect a much weaker second half," said Duesmann, who added, "We really have trouble." In fact, so serious is the trouble that the brand is forced into "a day-to-day troubleshooting process" to limit the chip-shortage damage. The good news for the automaker is that Audi has been able to boost its profit margin from 8% prior to the pandemic in 2019 to 10.7% in the first half of 2021. The bad news is that various chip shortages aren't expected to get a whole lot better over the rest of the year. Related video:

The next Bentley Mulsanne could go all-electric

Wed, Jul 20 2016

How many Bentleys are sold in China, anyway?* That's a question worth asking after the company said it will consider switching the powertrain of its uber-luxe sedan Mulsanne to all-electric from its current gas-guzzling V8 setup. Such a switch would be in the name of adhering to stricter greenhouse-gas emissions limits, especially in countries like China. Bentley executive Hans Holzgartner told Autocar that the company may soon have problems selling a V8-powered Mulsanne in China because government regulators are attempting to push for more zero-emissions vehicles to combat smog problems in the country's largest cities. Oddly, Holzgartner said an electric powertrain is "better suited" to heavier luxury cars than lighter sports cars because of an electric motor's smooth, instant delivery of torque. With the Mulsanne already priced north of $300,000 in the US, passing on the costs of such a huge battery pack will probably be less of an issue than for more typically-priced models. Of course, there would be a ton (almost literally) of battery cells involved. The Mulsanne tips the scales at almost 6,000 pounds, or almost twice the weight of a Nissan Leaf and about 25 percent more than a Tesla Model S. For those curious how the one-percenters live, take a look at Autoblog's recent drive of a Mulsanne Speed. Since this is just being studied at this point, it's possible the next Mulsanne could get a battery-electric or plug-in hybrid version for certain markets, while others would retain a gas engine or offer a choice. Assuming it keeps the gas option, the next Mulsanne will reportedly to switch to a twelve-cylinder engine, likely a version of the Volkswagen Group's W12. As for green cred, let's just say the Mulsanne's couldn't be much worse. Earlier this year, the Mulsanne showed up on the American Council for an Energy-Efficient Economy's (ACEEE) annual list of "meanest" vehicles when it came to environmental sustainability. The Bentley was rated the fourth-meanest vehicle sold in the US, following the Mercedes-Benz G65 AMG, the Chevrolet G2500 Express/GMC Savana, and the Mercedes-Benz G63 AMG. The EPA rates the Mulsanne's fuel efficiency at an absolutely gasoline-swilling 13 miles per gallon combined. * If you're curious, Bentley sold 1,615 cars in China last year. Related Video: Featured Gallery 2017 Bentley Mulsanne: First Drive View 24 Photos News Source: Autocar via Hybrid CarsImage Credit: Drew Phillips Green Bentley Electric

First new Bentley Blower built since 1930 is now being tested

Wed, Dec 9 2020

Just over a year after announcing the program, Bentley has finished building its first Blower car since 1930. It's called "Car Zero" since it's not one of the 12 customer cars. Instead, this first car is a prototype that will undergo testing before the customer cars begin production. Bentley says this car took 40,000 hours to complete. The company figured out how to build it based on existing tooling and blueprints, as well as laser scans of the components in the company's 1929 race car on which the continuation models will be based. The company collaborated with a variety of outside companies for help with the frame, radiator shroud and leaf springs. The frame was built by a company that builds and restores boilers for steam engines. Bentley itself also built a custom stand so it could hook up the recreated 4.5-liter supercharged four-cylinder to its modern-day engine dynamometers for break-in. Now that this prototype has been completed, Bentley will begin testing it for durability. The planned testing should recreate just under 22,000 miles of regular driving and nearly 5,000 miles of track driving. The company will also do a top speed run with it. Once testing is complete, Bentley will start building the 12 customer cars, all of which have been sold and specified. While many are likely excited about this new Bentley, there are a handful of car enthusiasts that probably don't share the excitement. Earlier this year, several of these wealthy enthusiasts, including fashion mogul Ralph Lauren, sent a letter to Bentley expressing concerns that these continuation cars will reduce the value, both monetary and intrinsic, of the original cars. The complaint obviously hasn't had an effect on Bentley's plans. Related Video: