1999 Bentley Arnage - 22,044 Miles, Recent Service, Nicely Optioned 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.

How a 2017 Bentley Bentayga ended up in a salvage yard

You can find all sorts of great deals at auctions, but this one seems a little too good to be true. Maybe that's because the 2017 Bentley Bentayga isn't something you see everyday, especially in a salvage yard. But here it is on copart.com, a $250,000 ultra-posh SUV revealed only last September, sitting among other decidedly less-posh vehicles seized by banks and police in sunny Miami. Jalopnik caught this unusual listing. With a current bid of only $103,000, this Bentayga, the world's quickest SUV, is a steal at twice the price. It was clearly a steal for someone else, too. This Bentayga ended up on the auction block after it was recovered from a theft. Since the owner was already paid out, the Bentayga ended up on a salvage lot. While the listing notes some minor scratches, the car only has 619 miles on it. This particular model normally retails for about $280,000. So if you're looking to off-road in luxury for a steep discount, this is the listing for you. If you're feeling a little intimidated by the auction process, fear not. We have a comprehensive guide to buying cars at auction that will get you rolling in your practically new discount Bentayga in no time. Related Video:

Bentley Continental GT3-R is a limited-edition racer for the street

Limited to just 300 examples worldwide, Bentley's new GT3-R is set to bring a bit of the brand's motorsports pedigree to the street. After all, the Flying B recently took the win at the Blancpain Endurance Series at Silverstone with its new Continental GT3, less than one year after the big racer's debut.
Like the road-going Conti GT, the GT3-R uses a twin-turbocharged 4.0-liter V8, tuned in this application to 572 horsepower and 516 pound-feet of torque - increases of 51 hp and 14 lb-ft from the already potent GT V8 S. That's enough to get the 4,839-pound Bentley to 60 miles per hour in just 3.6 seconds, on its way to a top end of 170 mph.
To make the GT3-R more hardcore than standard Continentals, the air suspension has been retuned, the brakes have been upgraded with carbon silicon discs, and there's a titanium exhaust that's good for 15 pounds of weight-savings - in all, the GT3-R is some 200 pounds lighter than a comparable GT V8 S.