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Lamborghini could be sold or spun off from the Volkswagen Group

Volkswagen is reportedly considering a sale or stock listing for its high-end Lamborghini brand. The German automaker is looking to fold the Italian supercar brand into a separate legal entity, reports Bloomberg, which cites "people familiar with the matter" who don't want to be identified "because the deliberations are confidential and no decisions have been made." Any of this sound familiar? The goal of spinning off Lamborghini would be to stockpile more cash and other resources for VW's massive planned push into electric vehicles. Back in March, reports circulated that Volkswagen's "Vision 2030" corporate plan might include plans to focus on the brand's core brands — VW, Audi and Porsche. That means the futures of fringe players like Lamborghini, Bentley, Bugatti, motorcycle brand Ducati and design firm Italdesign (and note this isn't a comprehensive list of brand's under the expansive VW Group umbrella) are up in the air. VW, according to the report, is targeting a market value of $220 billion, which is a big jump from the brand's current $89 billion valuation. Bloomberg pegged Lamborghini's valuation at around $11 billion back in August, buoyed by sales and profits generated by the introduction of the Urus sport utility vehicle. On the flip side, Lamborghini is currently grappling with how best to update its supercar lineup in the face of ever-increasing emissions regulations.

Bentley orders are up by 50% thanks to Chinese buyers

LONDON — Bentley began the year with 50% more orders than the start of last year and built more luxury cars in January than the same time in 2020 as China boosted demand despite challenges from the pandemic, its boss told Reuters on Wednesday. The Volkswagen-owned brand said it had not faced major disruption from Britain's exit from the European Union nor from a shortage of semi-conductor chips, which has forced some automakers to halt or reduce production. Based in Crewe, northern England, the over century-old marque made a small profit in 2020, when its factory was forced to close as Britain entered its first national lockdown, and hopes to build on that this year. "The order bank at the beginning of this year was 50% higher than it was at the beginning of last year," Chief Executive Adrian Hallmark said in an interview. "China, by far, is the most outstanding performance in the world in respect of level of orders compared with normal expectations." The firm sold 11,206 cars in 2020. Related Video:

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.