2010 Bentley Continental Gtc Speed - 9,388 Low Miles - Loaded - 1 Owner - Fl Car on 2040-cars

Auto blog

Volkswagen profit jumps as it warns of a cooling auto market

FRANKFURT, Germany — Volkswagen says its profits jumped 44% in the third quarter thanks to a more profitable mix of vehicles in its lineup but warned that global car markets are slowing more than expected and lowered its forecast for annual sales. After-tax profit rose to $4.42 billion (3.98 billion euros) as revenues rose 11% to $68.27 billion (61.42 billion euros). The sales margin of 7.8% exceeded the goal of 6.5-7.5% as vehicles bringing higher profits took a larger share of sales. The Wolfsburg-based automaker pointed to the headwinds facing the industry by saying that it expects "vehicle markets will contract faster than previously anticipated in many regions of the world." It said sales would be "on a level" with last year's record of 10.8 million vehicles. Previously it had expected a slight increase. The company said its profits would be in the lower end of its forecast range. Global automakers are facing a slowdown in sales amid disputes over trade and from pressure in the European Union and China to develop and sell low-emission vehicles that require heavy investment in new technology. Ford and Renault have issued profit warnings in recent days, while Daimler, maker of Mercedes-Benz luxury cars, lost money in the second quarter and is expected to outline a cost-cutting strategy for investors on Nov. 14. Volkswagen is leading the push into electric vehicles in Europe by launching its ID.3 battery-powered compact car at prices it says will make zero local emission vehicles a mass phenomenon. The company was able to increase earnings in the quarter despite an 18% rise in spending on research and development.

Here's the Bentley Bentayga actually going off-road

There might not be many opportunities to see a Bentley Bentayga getting dirty off-road, but Bentley is making sure its upcoming crossover can perform capably when off the beaten path. This video demonstrates the Bentayga's all-wheel drive system, and you can see the wheels braking when needed. While the SUV's exterior is covered in cladding, you get an idea of the vehicle's general shape. A small skid plate is also visible underneath. It is not set to go on sale until 2016, but the Bentayga has been spied testing all over the world. Bentley also already offered a good look at the interior. Most recently, the model showed up on the highways around Dubai, likely for hot-weather evaluation. Laps around the Nurburgring should also help keep the SUV relatively light on its feet. With 4,000 interested customers lined up as of earlier this year, the Bentayga should be a success for Bentley. After launch, a diesel V8 version and a plug-in hybrid are reportedly on the way in 2017. Later, a smaller crossover might be in the cards, too. Related Video:

Bentley teases new Flying Spur before Geneva debut

Last time we saw the 2014 Bentley Continental Flying Spur out testing, our only questions about the new car regarded its rear-end styling, and when the car would debut. Well now we know for certain that the car will be unveiled at the Geneva Motor Show, and we're also getting a better idea of what the car will look like thanks to Bentley releasing a brief teaser video.
The easiest-to-spot detail that we see in this Flying Spur video is the car's horizontal taillights - the first such on a Bentley since the 1990s. We can also see that this hyper-luxury sedan will get a more squared-off front end than its Continental GT counterpart. But, from what we can tell, it will receive a similarly laid out interior, including the three-spoke steering wheel.
Scroll down to watch the video, and we've also attached the single-sentence press release in which Bentley promises to reveal more details about the car on February 20.