2021 Bentley Continental Gt V8 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.

New Bentley Continental GT debuts next month with hybrid power

Bentley has a new Continental GT coming next month, but it won’t arrive with the gas-only 8- or 12-cylinder engines seen in years past. The fourth-generation car will get BentleyÂ’s new Ultra Hybrid Performance powertrain, a plug-in hybrid system that delivers big power from a V8 combined with an electric motor. The automaker claims 771 horsepower and around 738 pound-feet of torque from the electrified powertrain, saying that it will make the new GT “the most powerful and most dynamically capable Bentley road car in the companyÂ’s 105-year history.” For reference, the current GTÂ’s W12 engine produces 650 horsepower and 664 pound-feet of torque, propelling the car to 60 mph in 3.5 seconds. The current V8 makes 542 horsepower and 568 pound-feet of torque. Bentley didnÂ’t give acceleration numbers for the new model, but with more than 100 additional horsepower and more than 70 extra pound-feet of torque over the W12, it should be noticeably quicker. Bentley also claims the Continental GT will have 50 miles of electric-only range and carbon dioxide emissions of under 50 grams per kilometer. Power will continue to go through all four wheels along with torque vectoring and an electronic limited-slip differential. Bentley will also include more trick features such as four-wheel steering and its 48-volt electronic active anti-roll control. The automaker may continue offering a gas V8 as an entry point to the line, but hasn't confirmed it either way. The Continental GT comprises a third of BentleyÂ’s overall sales, with almost 100,000 units sold in its more than 20-year run on the market. That popularity is reflected in the number of GT variants Bentley offers, though we donÂ’t yet know how and where the hybrid will be positioned in the GT catalog. Prices will likely climb a bit to start around $250,000 and could reach the mid-$300,000 range at the top.  

Bentley helped a customer outfit a yacht to match their Continental GT

Luxury automakers continue to expand into new areas and offer new services to provide their clients custom, high-end products. Sometimes that involves fancy apartments or garages. In the case of this Bentley Continental GT buyer, they wanted their new yacht to match their nautical-themed luxury coupe. So, Bentley and yacht-builder Contest Yachts obliged. The yacht is a 59-foot Contest 59 CS, and the Continental GT is the V8 variant. The car features a dark blue exterior and "Hotspur" red leather, "Linen" quilted leather and light-stained wood trim in the interior. The yacht features nearly the same specification with a slightly different paint color on the outside, but actual leather sourced from Bentley to trim the interior. The wood used for the bed, cabinetry and other parts of the yacht's cabin closely match the car's trim, too. Bentley says this is a one-off, and indeed, you're likely not going to see another pairing exactly like this. But we suspect that as long a client is willing to put forth the undisclosed amount of money, they would happily collaborate with Contest or another company to custom match a car and a yacht. We wouldn't be surprised if they'd be willing to help match more things, like a private jet and a car. Just have a big enough pocketbook and the options are just about limitless. Related video: