2012 Bentley Continental Gt Automatic 2-door Coupe on 2040-cars

Auto blog

Audi: record profit as 'biggest product initiative' in its history gets underway

Audi Group CEO Markus Duesmann   Even as the Audi Group (VOW.DE), VW’s luxury division, is in the midst of a huge EV transformation it still needs to perform where it counts — the bottom line. And so it is doing just that.  On Thursday the Audi Group - which is dominated volume-wise by Audi, but also includes Bentley, Lamborghini, and Ducati - posted record revenue and operating profit in 2022. That shouldnÂ’t be a surprise given what the industry has been seeing at the highest end of the market - record performances despite macroeconomic jitters across the globe. But that it's happening as the group is noteworthy.  “We are on the verge of the biggest product initiative in our history,” Audi Group CEO Markus Duesmann said at a news conference earlier on Thursday. “By 2025, we will have launched around 20 new models, more than 10 of which will be all-electric. We have set the course to go 100% electric. By 2027, we seek to offer an all-electric vehicle in each core segment.”   This is all part of Audi GroupÂ’s Vorsprung 2030 plan, which seeks to have all of the groupÂ’s new models be electric by 2026 — and to end traditional gas-powered engine production by 2033. To that end, the group saw EV deliveries jump 44% (in 2022) compared to 2021 to over 118,000 vehicles, with the share of EVs rising to 7.2% from 4.8% in the prior year. Audi is also launching its first EV using the PPE (premium platform electric), which was developed together with Porsche. That EV, the Audi Q6 e-tron, will be unveiled later this year. (Past Audi EVs shared corporate parent VWÂ’s electric platform.) “With the Audi Q6 e-tron, e-mobility is coming from Ingolstadt (Audi HQ) for the first time,” Duesmann said in a statement. “To this end, weÂ’re also building a dedicated battery assembly facility on site. This will enable us to retain important know-how here in Germany and train our employees in future fields.” AudiÂ’s German rivals of course are also leaning in hard on their EV transformations. That makes it all the more important that Audi get its EV strategy right—and launched in a timely manner.

U.S. issues new tariff threat, this time against British-built cars

WASHINGTON — Britain is the United States' closest ally but their long friendship may be sorely tested as the two countries try to forge a new trade agreement after Britain's exit from the European Union. U.S. Treasury Secretary Steven Mnuchin said on Saturday in London that he was optimistic that a bilateral deal with Britain could be reached as soon as this year. But Mnuchin gave up no ground after a second meeting with his UK counterpart, Sajid Javid. Javid has insisted that Britain will proceed with a unilateral digital services tax, despite a U.S. threat to levy retaliatory tariffs on British-made autos. Mnuchin told reporters after Saturday's meeting that such taxes would discriminate against big U.S. tech companies like Alphabet Inc's Google, Apple, Facebook and Amazon. The UK Treasury declined to comment on the private meeting. The divide highlights the challenges ahead as the Trump administration seeks a new bilateral agreement with Britain, part of a broader push to rebalance relations with nearly all its major trading partners. The stakes are high — British Prime Minister Boris Johnson has pegged the trade deal with United States as a way to ease the pain of breaking with Europe, Britain's largest trade partner. U.S. President Donald Trump, has promised a "massive" trade deal to support Brexit, the product of a populist movement similar to his "America First" agenda. The goodwill and special relationship the two countries have enjoyed for decades may not count for much, experts say. "Trump is not going to be doing Johnson any favors," said Amanda Sloat, a senior fellow with the Brookings Institution in Washington. "He's not going to give him a trade deal without major concessions." Even before the digital tax issue arose, the Trump administration threatened to tax foreign car imports, which could hit British-made Jaguar, Land Rover, Mini, and Honda Civic hatchback cars. Stiff U.S. trade demands include increased access for U.S. farm goods, concessions that will be difficult for Britain's entrenched natural food culture to swallow. The United States also wants Britain to change the way its National Health Service prices drugs and allow in more U.S. pharmaceuticals, which could prove politically unpopular for Johnson's government. Washington's demand that London block Chinese telecoms equipment maker Huawei Technologies Co Ltd for national security reasons could also cloud talks.

Bentley Continental GT Speed gets a little more juice

The latest version of the Bentley Continental GT Speed packs 633 horsepower, up ever so slightly from the 626 hp in the outgoing version launched in 2014, the 616-hp model that arrived in 2012, and the 602 hp offered in the first iteration from 2007. It also leaves the previous, 621-hp Supersports model in its wake, and further separates the flagship twelve-cylinder version from the lighter but less potent V8 model. Along with the relatively negligible 7-horsepower increase, the crew from Crewe also raised the torque figure by 15 pound-feet to a total of 619. As a result, Bentley says the latest flagship Conti will hit 60 in 3.9 seconds, down from the 4.0 flat the previous version was quoted at. No word on the top speed changing, but at 206 miles per hour, it didn't need much improvement in the first place. The Flying B marque has also launched a new Black Edition of the same model that offers a whole array of visual enhancements inside and out. As you might have guessed, it consists mostly of black trim, but also some contrasting aero components and leather trim. That's all well and fine, but we doubt most occupants would be paying much attention once all that power is deployed. Related Video: BENTLEY LAUNCHES NEW GT SPEED AND STRIKING BLACK EDITION - Continental GT Speed increases power and torque - Bold new Black Edition joins GT family - New and unique styling cues handcrafted to perfection at Bentley's Crewe factory (Crewe, 4 April 2016) Bentley unveils today the revised Continental GT Speed, raising the bar even further in terms of exclusivity and performance. The fastest production Bentley ever, with a top speed of 206 mph (331 km/h), now delivers even more power and torque, and a striking new Black Edition model joins the Speed family. Engineers at Bentley in Crewe have developed even more muscle from the Continental's iconic 6.0-litre twin-turbocharged W12 engine. The GT Speed now produces 642 PS - up from 635 PS - and 20 Nm of extra torque, bringing its total to a forceful 840 Nm. This additional torque is applied through the entire rev range via careful reoptimisation of boost control, raising the Grand Tourer's renowned "torque plateau" of continuous maximum torque delivery from 2,000-5,000 rpm, and bringing even greater acceleration performance. As a result, the 0-60 mph sprint time has dropped to just 3.9 seconds (0-100 km/h in 4.1 secs).