2012 Bentley Continental Gt Nav Polished Wheels Extreme Silver Convenience Spec on 2040-cars

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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.

2020 Bentley Flying Spur spied winter testing in Europe

The current Bentley Continental GT made its debut about a year and a half ago at the Frankfurt Motor Show. The big British coupe was joined about a year later by a drop-top variant, but there's been little word on the four-door model, the Bentley Flying Spur. We saw some spy shots last May of the car testing at the Nurburgring, and today we have a new batch of the Flying Spur doing winter testing in Europe. We don't know when the car might debut, but don't rule out a surprise reveal at next week's Geneva Motor Show. The cars in these photos are nearly uncovered. That said, if you're not paying attention, you may not notice much difference. Bentley has taken the Porsche approach to design, evolving the same basic formula rather than issuing a ground-up redesign. The lighting has all been updated, with larger lenses both front and rear. The smaller secondary headlights have moved further out on the front fenders. The upper and lower grilles, too, are larger, taking up a majority of the front end. The profile is generally unchanged, though some of the lines appear to be a little sharper, giving the Flying Spur a more muscular appearance. Expect the 6.0-liter twin-turbo W12 to soldier on. In the Continental, the engine makes 626 horsepower and 664 pound-feet of torque. The Flying Spur should get a similar output. As on the coupe, expect a V8 and plug-in hybrid variant to follow in the next few years. Related Video:

First Bentley to race at Le Mans sells for over $3.7 million

What's the big deal with Bentley? After all, the luxury marque has spent much of its life as a Volkswagen sub-brand or Rolls-Royce understudy. Well the big deal is, in short, racing provenance. In its very early days, before it became an nouveau riche status symbol, Bentley staked a claim as a force in the motorsports world. And people who remember that still hold the brand in high regard. Case in point: The first Bentley to race at the 24 Hours of Le Mans has just sold for more than $3.7 million. This year marks the 100th anniversary of the famed French enduro, hailed by many as the greatest auto race in the world. In 1923 Bentley 3-Litre, chassis 141 became the first of many to enter the race. In fact, it is billed as the first international entrant, period.  Prior to its arrival at Circuit de la Sarthe, the car had been raced by WWI veteran and Bentley dealer John Duff at the Double 12 Hour at Brooklands. At the time 24-hour races had been outlawed in the U.K. due to noise so the race was divided into two segments. Duff set 38 international records as he covered 2,082 miles at an average 86.79 mph. Based on that success, he asked founder W.O. Bentley to help him prep the car for a new day-long race in France. Duff and his co-driver Frank Clement, a Bentley factory test driver, managed to finished fourth despite a hole in the fuel tank caused by a rock on the track in this pre-paved era. Along the way, they set a lap record of 66.69 mph average speed. Duff and several other racers became known as the Bentley Boys, a cadre of free-wheeling daredevil rascals. Bentley, Duff and Clement returned the following year and won the race outright. The Bentley Boys would then set a four-year streak from 1927-30 at the fledgling event, cementing the brand into legend. Then Rolls-Royce bought the company in 1931 and ceased its racing activities. A Bentley works car would not appear on the starting grid at Le Mans until the EXP Speed 8 in 2001. Despite its pivotal role in Bentley history, chassis 141 was pretty much treated as a used car after its retirement. According to the brokerage firm that arranged the $3.7 million sale, at some point a local undertaker covered the rear and used it as a wagon, perhaps for macabre cargo.