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Volkswagen might cut 40 models across brands to save cash

Volkswagen once set out to pass Toyota and General Motors and become the largest automaker in the world. Following months of fallout from the diesel emissions scandal, the manufacturer is rumored to be dropping around 40 models from its company-wide lineup. According to German business and finance publication Handelsblatt, the Volkswagen Group is looking to slim down and remove a number of low-volume vehicles from various lineups. The company currently sells around 340 models across brands that include Audi, Lamborghini, and Bentley. Volkswagen is refusing to comment, but Handelsblatt claims to have sources within the company. Last week, Volkswagen Group CEO Matthias Muller announced a new strategy for the company that includes a major focus on electric vehicles and new technology services. During his announcement, Muller said the company would be cutting a number of models, but at the time no numbers, models, or brands were discussed. Despite comments to the contrary, rumors have persisted since late last year that Volkswagen was looking to sell commercial truck and bus manufacturer MAN. Volkswagen owns truck and bus manufacturer Scania, so even if it dropped MAN, the company would still have a foothold within the bus and truck market. There is also talk of the company selling Italian motorcycle manufacturer Ducati, which Volkswagen acquired via Audi in 2012. The company's image has taken a huge hit in the wake of the diesel scandal. Volkswagen has set aside cash in order to pay fines and may be looking to sell these several subsidiaries and cut low-volume models in order offset the costs. Despite the scandal, the company led worldwide sales in the first quarter of 2016. The same was true in 2015, but sales tanked at the end of the year following the diesel revelations. Related Video: Rumormill Audi Bentley Volkswagen Ducati

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.

Former Lamborghini designer reportedly headed to Hyundai

Luc Donckerwolke (pictured above) only left his position as the Director of Design for Bentley in early June, but he might have already had a new gig lined up as he was walking out the door. Donckerwolke is reportedly teaming up with former Volkswagen Group styling bigwig Peter Schreyer at Hyundai Motor, in a position to eventually take over the look of all of the Korean brands' vehicles. At the moment, this major hire for Hyundai and Kia is still just a rumor, though, and the Korean automaker is playing it close to the vest. Company spokesperson Jim Trainor tells Autoblog, "We do not comment on speculation concerning potential appointments." However, insiders tell Automotive News that the deal is the reason for Donckerwolke walking away from his long career among VW's brands. In Korea, Donckerwolke would hold a position under Schreyer at first, and he would take over Hyundai and Kia's design duties when Schreyer retires, which is expected in about two years. Donckerwolke joined the German automotive giant in 1992 and eventually came to define the modern look of Lamborghini by penning both the Murcielago and Gallardo. In 2011, he became the Head of Advanced Design for VW Group and took over styling duties at Bentley in 2012. Schreyer left a fruitful career at VW Group, including penning the original Audi TT, to join Kia in 2006. He gained the overall design duties for the Hyundai and Kia brands in 2012. Ousted VW Chairman Ferdinand Piech once said that he was regretful of losing the talented stylist. Related Video: