600 Horsepower, Piano Black Interior, Bentley Logos Headrest, Speed Wheels... on 2040-cars

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VW Group to split brands under four holding companies

The Volkswagen Group is planning a tremendous shift in its internal structure that will decentralize operations by splitting its 12 brands into four different holding companies. Here's the breakdown. Things will be split logically, considering the inter-sharing of parts, platforms, and engines. The Volkswagen brand, Seat, and Skoda make up a passenger vehicle division led by former BMW man Herbert Diess. Audi, which is tightly intertwined with Lamborghini and motorcycle manufacturer Ducati, will be managed by current Audi exec Rupert Stadler. Porsche and Bentley, which are already quite close, will be joined by Bugatti and run by Matthias Mueller. Finally, a commercial vehicles division will include Volkswagen Commercial, Scania, and Man. Former Daimler exec Andreas Renschler will take care of the big vehicles. The massive move, according to Automotive News Europe, is part of an internal VAG effort to move away from the structure established by ousted Chairman Ferdinand Piech, who favored a compact, but highly centralized, management structure to oversee the independent actions of the company's brands. Criticism of Piech's arrangement stemmed from the company's slow responses to changes in the market, ANE reports. The new structure should make for a more efficient, streamlined company that's better able to make crucial decisions. What are your thoughts? Should VAG decentralize, or did Piech have the right idea? Have your say in Comments.

Coronavirus prompts VW to stop production throughout Europe

FRANKFURT — Volkswagen Group, the world's biggest carmaker, is suspending production at factories across Europe as the coronavirus pandemic hits sales and disrupts supply chains, the company said on Tuesday. The German carmaker, which owns the Audi, Bentley, Bugatti, Ducati, Lamborghini, Porsche, Seat and Skoda brands, also said that uncertainty about the fallout from coronavirus meant it was impossible to give forecasts for its performance this year. "Given the present significant deterioration in the sales situation and the heightened uncertainty regarding parts supplies to our plants, production is to be suspended in the near future at factories operated by group brands," Chief Executive Herbert Diess said on Tuesday. Volkswagen's powerful works council concluded it was not possible for workers to maintain a safe distance from each other to prevent contagion and recommended a suspension of production at its factories from Friday. Production will be halted at VW's Spanish plants, in Setubal in Portugal, Bratislava in Slovakia and at the Lamborghini and Ducati plants in Italy before the end of this week, Diess said. Most of its other German and European factories will prepare to suspend production, probably for two to three weeks, while Audi said separately it would halt output at its plants in Belgium, Germany, Hungary and Mexico. Volkswagen's vast factories in Chattanooga, Tennessee, in Puebla, Mexico, and plants in Brazil were not affected, but that would depend on how the coronavirus spreads, VW said. Volkswagen has 124 production sites worldwide of which 72 are in Europe, with 28 in Germany alone. "2020 will be a very difficult year. The coronavirus pandemic presents us with unknown operational and financial challenges. At the same time, there are concerns about sustained economic impacts," Diess said.   Production in China resumes Volkswagen Group sold 10.96 million vehicles last year, putting it ahead of Toyota based on the latest figures from the Japanese carmaker. Globally, VW employs 671,000 people and it delivered 4.86 million vehicles to European customers in 2019. Only last month the car and truck maker based in Wolfsburg, Germany, predicted that vehicle deliveries this year would match 2019 sales and forecast an operating return on sales in the range of 6.5% to 7.5%. "The spread of coronavirus is currently impacting the global economy. It is uncertain how severely or for how long this will also affect the Volkswagen Group.

2022 Bentley Continental GT Speed Convertible puts 208 mph of wind in your hair

The Bentley Continental GT is once again merging the higher-performance capabilities of its Speed trim level with the open-top convertible body style in the new 2022 Bentley Continental GT Speed convertible. The GT Speed convertible's upgrades largely mirror those of the recently unveiled 2022 GT Speed coupe. They start with increased output from Bentley's W12 engine, which has been turned up to 650 horsepower from 626 horsepower in the non-Speed W12 (torque remains unchanged at 664 lb-ft) and given a more characterful exhaust note. The W12 here again pairs with an eight-speed dual-clutch automatic transmission and all-wheel drive, although both have been recalibrated for Speed duty. The transmission spends more time in lower gears, while the all-wheel-drive system has a more rearward torque bias in the various drive modes. The combination is good for a factory-stated 0-to-60-mph time of 3.6 seconds and a top speed of 208 mph. That's 0.1 second and quicker than the standard W12 convertible and 1 mph faster, thus earning the Speed its name. The Speed's chassis also has been upgraded, with four-wheel steering, an electronic limited-slip rear differential, and optional carbon-ceramic disc brakes with 10-piston front and four-piston rear calipers. They join existing Continental GT chassis technologies that include active air suspension, adaptive dampers, and active anti-roll bars powered by a specific 48-volt electric system. Speed-specific 22-inch wheels are offered in a dark-tint finish to match the mesh grille or, alternately, bright silver or gloss black. Special side gills and discrete "Speed" badging complete the modest exterior makeover. The convertible top is offered in a choice of seven colors including an oh-so-British tweed, and there are eight headliner colors. The fully automated roof can be stowed or raised in 19 seconds. The cabin features Alcantara microsuede accents and two-tone leather and Alcantara seating surfaces with diamond-in-diamond pattern stitching and "Speed" logos stitched into the headrests. Piano black trim is standard, but numerous wood veneers can be specced. There are also metal-trimmed pedals. Heated and ventilated seats are on hand, along with a heated steering wheel and heated armrests to maximize the top-down driving season. There's also a standard neck-warmer that is said to be more powerful and also quieter than before.