2009 Bentley Continental Gt Awd 2dr Convertible on 2040-cars

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Audi CEO says brand's EVs are almost as profitable as its other cars

After, oh, a hundred years or so of building vehicles primarily powered by internal combustion engines, automakers around the world have been and still are pumping billions of dollars into the development of electric vehicle technology. Everything from platforms and batteries to motors and the software to control it all requires untold hours of development, and that takes time and money. Fortunately, it's not going to take long for that massive investment to start paying off, at least according to Audi CEO Markus Duesmann, who told Reuters in an interview that "The point where we earn as much money with electric cars as with combustion engine cars is now, or ... next year, 2023. They are very even now, the prices." As a brand, Audi contributed more than a quarter of overall profit for the massive Volkswagen Group, which has such powerhouse brands as Volkswagen and Porsche among others. Under the Audi umbrella are Lamborghini, Bentley and Ducati, and it seems those high-end branches aren't going anywhere, at least for now. "These brands ... are very valuable very profitable brands, where we can even expand the synergy level in the future," Duesmann said in the interview. "There are no plans whatsoever to get rid of them." Despite the overall profitability of the brand, the ongoing global chip crisis is causing headaches. "We had a very strong first half in 2021. We do expect a much weaker second half," said Duesmann, who added, "We really have trouble." In fact, so serious is the trouble that the brand is forced into "a day-to-day troubleshooting process" to limit the chip-shortage damage. The good news for the automaker is that Audi has been able to boost its profit margin from 8% prior to the pandemic in 2019 to 10.7% in the first half of 2021. The bad news is that various chip shortages aren't expected to get a whole lot better over the rest of the year. Related video:

W12 engine disappears for regular Bentley Continental GT in 2022

The non-Speed version of the Bentley Continental GT will not be available with a W12 engine in 2022. It'll be V8 only. CarBuzz noticed the change missing on Bentley's Continental Range page, and when the outlet put the question to the English automaker, the answer came back, "GT Speed and GT Speed Convertible are the only way to get a Continental with the W12 for 22MY." So ends a 13-year run of being able to choose how many horses and torques you wanted to pair with your leather and wood. We thought things were strange when Bentley priced the 2022 Continental GT Speed coupe $50,000 above the previous non-Speed Continental coupe with the W12. That's about double the premium the Speed has charged in the past despite making only 24 more horses than the non-Speed W12. Of course, that doesn't exist any more so such comparisons are academic.  At least the new Speed has received a handling makeover that includes a Bentley first: an electronic limited-slip differential. The new tools and their algorithms impart an enthusiastic liveliness at the stern end of the world's most flamboyantly capable heavyweight grand tourer. But the 2022 GT Speed can't do anything that the old standard W12 GT couldn't; the Speed is just more pliant and talkative about it. And now it exclusively has four more cylinders. The regular Continental range now includes four versions — GT V8 coupe and convertible, and GT V8 Mulliner coupe and convertible — with the Speed adding its own hardtop and droptop duo. Bentley execs have repeatedly said and hinted that they aren't finished with the W12, which got an all-new version to power the Bentayga in 2015; CEO Adrian Hallmark called it "effectively a new engine." The automaker's only got five years to spread it around, though, Bentley having said it will offer a hybrid version of all of its models by 2026, and also having said it doesn't want to add batteries to the W12 because the engine — and the car it powers — are already heavy. Our guess is that Bentley's looking up. There was a 2017 Continental GT Supersports with a W12 that made 700 hp and 750 lb-ft., which cost $60,000 more than the GT Speed. A new Supersports with those mammoth numbers (or more) and the newest Speed's dynamic tricks would make a might fine showcase. 

Weekly Recap: Takeaways from the Frankfurt Motor Show

We obsessively covered the 2015 Frankfurt Motor Show, and naturally, we selected our favorites from this fall's biggest automotive event. Now that the dust has settled, we're looking ahead to what it all means. Here are three takeaways from the floor in Frankfurt. The Germans are serious about electric vehicles: It's a bit cliche to say BMW, Mercedes, and Audi have downplayed electrics in favor of other technologies, like diesels. For a time that may have been true, but those three companies, along with Porsche and Volkswagen, are emerging as leaders in EV development. That was on display in Frankfurt, when all of them revealed either all-electric or plug-in hybrid models. Gas prices are relatively low in the United States, but clearly the Germans are thinking long-term and globally. Everyone is serious about SUVs: You gotta have one, even if you're Bentley or Jaguar. It's 2015 and it's what consumers want. As Jaguar design director Ian Callum put it, "Not to be in the sector would be a little naive for the sake of purity." It's not just the flashy exotic luxury makers. Nissan showed the Gripz concept, which is rakish, radical, and meant to blend traits of SUVs and sports cars into a vehicle that really crosses over. Look for more, especially in the luxury sector, as Rolls-Royce, Lamborghini, and Aston Martin ramp up their own SUV efforts. There's no ceiling to the luxury market: Speaking of high-end cars, companies are continuing to invest in extravagant wares beyond just SUVs. Even during the recession, ultra-luxury makers remained relevant, and now they're back at full stride. In Frankfurt, that was illustrated by yet another S-Class model, the cabriolet, which will come in S550 and S63 AMG variants in the United States. Ferrari also showed off the 488 Spider, and Lamborghini opened up the Huracan LP 610-4 Spyder. Meanwhile, Bugatti's Vision Grand Turismo concept reminded enthusiasts that it's plotting life after the Veyron. European auto shows always draw the glitziest reveals from luxury makers, and this year didn't disappoint. OTHER NEWS & NOTES 2016 Honda Civic redesigned with snazzier style, turbo power The 10th-generation of the Honda Civic debuted this week at events in Los Angeles and Detroit ahead of its launch in the United States this fall as a 2016 model. Honda fortified the Civic with LED lights, an available turbo engine, and a more tech-laden cabin.