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Check out King Charles III's $17.6 million car collection

King Charles III's coronation will take place in England on May 6, and being crowned a monarch comes with a long list of perks with four wheels. He will gain full access to the Royal Family's fleet of cars, which is valued at about GBP14 million (approximately $17.6 million). The two most expensive cars in the collection are nearly identical: they're a pair of Bentley State Limousine models (pictured) built for Queen Elizabeth II, King Charles III's mother, in 2002. Only two units were made, and they're both part of the Royal Family's fleet, so they're difficult to put a value on; it's not like one is going to end up listed on your favorite auction site anytime soon. British company Nationwide Vehicle Contracts, which compiled the list, estimates that each armored, 245-inch long sedan is worth at least GBP10,000,000 (roughly $12.6 million). Dropping below the eight-digit threshold, the second-most-valuable car in the Royal Family's fleet isn't really a car. It's the Gold State Coach, which Matchbox recently released a 1/64-scale replica of, and its value is estimated at GBP1.6 million (about $2 million). At 275 inches long it's even bigger than the Bentley limousine and it weighs about 9,000 pounds. It's 261 years old and designed to be pulled by eight horses, and has been part of every coronation since 1831. The rest of the Royal Family's vehicles are relatively mundane. There's a 1965 Aston Martin DB6 Volante that Queen Elizabeth II and her husband, Prince Phillip, bought for King Charles III on his 21st birthday. It's worth GBP1 million (about $1.2 million). The collection also includes a Rolls-Royce Phantom VI (about $627,000), a Bentley Bentayga (about $201,000), a Land Rover Range Rover long-wheelbase Landaulet ($133,000), a Jaguar XE (about $41,000), and a Land Rover Defender ($38,000). "Luxury cars have long been associated with the monarch and King Charles III, in particular, is known for his fondness of motor vehicles. His impressive collection features sentimental value with motors passed down from his late mother, Queen Elizabeth II, to cars bought for him by his parents," explained Keith Hawes, the director of Nationwide Vehicle Contracts, in an interview with CBS News. Being at the head of a car-making nation's royal family also comes with drawbacks: Every vehicle in King Charles III's fleet is British.

Bentley to debut Flying Spur S at Goodwood Festival of Speed

The Bentley Flying Spur isn’t short on power or performance, but itÂ’s not the most focused driverÂ’s car at its price point. Bentley hopes to change that with a new S variant of the car, which will follow the lead set by the Continental GT S as a sharper, more exciting version of the posh four-door. Bentley offers two powertrains in the Flying Spur S, including a surprisingly capable hybrid. The V8-powered car gets a 4.0-liter mill that makes around 542 horsepower and 568 pound-feet of torque. With the engine on board, the 5,000-plus-pound Flying Spur S takes just 4 seconds to run from 0-62 mph, and the car can go on to a top speed of 198 mph. The hybrid powertrain features a 2.9-liter V6 engine paired with an electric motor that makes a combined 536 horsepower and 553 pound-feet of torque. The system can deliver an all-electric range of 26 miles, and the car still sees scorching acceleration just a tenth of a second behind its V8-powered counterpart. Keeping the Flying SpurÂ’s weight in check is BentleyÂ’s Dynamic Ride suspension system, which can apply up to 1300 Newton-meters of anti-roll torque to aid in cornering. All-wheel steering is also standard and can turn the rear wheels opposite the fronts by up to 4.2 degrees, giving the almost 17.5-foot long Flying Spur a much tighter turning radius than it would have otherwise. Looking at the Flying Spur, itÂ’s hard to see anything other than a stately Bentley, but the automaker gave the S a few styling touches to designate it as “the fast one.” Gloss black replaces polished metal and provides accents for the exhaust, grille, and wheels. The car comes with 21- or 22-inch wheels, red brakes, and exclusive “S” badges.  The Flying Spur SÂ’ cabin is every bit as plush as weÂ’d expect at a Bentley price point. A two-tone color scheme comes standard, with leather and synthetic suede upholstery called Dinamica. The material also covers the steering wheel and gear shift lever. Bentley embroiders the seats with an S logo and offers its logo as a no-cost embroidery option. Bentley will debut the Flying Spur S at the Goodwood Festival of Speed, which takes place later this month in England. The festival features a popular hill climb event that has featured everything from VolkswagenÂ’s electric ID.R race car to boutique supercars from little-known constructors. Bentley intends to field several vehicles in the event, including the new Flying Spur S and versions of the Continental GT S and GTC S cars.

Bentley CEO Adrian Hallmark explains carmaker's situation and plan for recovery

In August, we posted on some of the issues plaguing Bentley at the moment, namely the large loss the carmaker's posted this year. The same Autocar piece we referenced, carmaker CEO Adrian Hallmark said Bentley would not be making more sports cars. Bentley wrote to us to clarify that a single year's loss isn't a calamity, that "it is a mistake to suggest that sports cars are the same as GTs," and that the brand "will continue to design, engineer, and craft" GT cars. We must note, though, that at the time, Hallmark himself said, "The sports car sector – like our own...." More recently, Hallmark expounded on some of the factors slowing the company down this year, from delayed launches to exchange rates. Through the first nine months of the year, Bentley sold 6,654 units, an 11 percent decline from the 7,498 units sold through the first nine months of 2017. In addition to other matters like huge investments in new technologies, that helped the Crewe carmaker to a $44.7-million year-over-year drop in revenue, and a $156-million overall loss, compared to a $35 million profit over the same period last year. On top of declining sales overall, the nine-month delay in launching the Continental GT, the brand's second-best seller, was the first of two big issues causing red finances. Hallmark said the Continental GT "just wasn't ready for launch. But we'd paid for it – we'd paid all the money out, but not got any money back in." Having got that sorted, the second issue arose: WLTP certification. Unlike the New European Driving Cycle (NEDC) before it, the Worldwide harmonized Light vehicles Test Procedure requires every model variant get tested for certification. Hallmark told Automotive News Europe, "We were not quick enough unfortunately to book capacity or prioritize our derivatives within some of the group processes to get them certified on time." Bentley wasn't alone in this; Volkswagen had only managed to get seven of its 14 models approved by September 1 when the WLTP rules took effect. Bentley's much smaller scale exacerbated the problem, turning the situation "close to catastrophic." Hallmark said the snafu robbed the Bentayga of 300 to 400 sales - a gigantic number with respect to a $200,000 vehicle - and pushed the Bentayga plug-in hybrid launch back to March 2019 so Bentley could get volume models certified. Furthermore, preparing for Brexit hasn't been easy on any of the UK's manufacturers.