2008 Bentley Continental Flying Spur on 2040-cars

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Matthias Muller officially named VW Group CEO

While the vast number of rumors made it seem like a foregone conclusion, Porsche boss Matthias Muller has officially been named Volkswagen Group CEO to replace the recently resigned Martin Winterkorn. His contract runs through the end of February 2020, and until a replacement is found, Muller also gets to hang onto his old job as chairman of Porsche. At the same time, the VW Group Supervisory Board is announcing a massive structural reorganization across the entire company, with the new management model in place by the beginning of 2016. Contrary to previous rumors, Michael Horn remains as President and CEO of VW Group of America. The board wants a greater emphasis on brands and regions going forward, and the scale of this shift can be seen in the US. On November 1, VW Group business in the US, Mexico, and Canada is being combined under the leadership of current Skoda chairman Winfried Vahland. However contrary to previous rumors, Michael Horn remains as President and CEO of VW Group of America. Other brands are also seeing some significant changes mechanically. Porsche, Bentley, and Bugatti now fall under the Group's "sportscar and mid-engine toolkit." This means that the brands will start sharing standardized technical parts. A Chief Technical Officer across all of the company's brands will also start working toward future innovations. The new brand-centric view means the end of a group-wide production department. "Going forward, the brands and regions will also have greater independence with regard to production. So it follows that they should also hold the responsibility for these activities," Berthold Huber, interim Chairman of the Supervisory Board, said in the announcement. In a statement with the press release about his promotion, Muller promised to turn the company around after such an international crisis. He said: "My most urgent task is to win back trust for the Volkswagen Group – by leaving no stone unturned and with maximum transparency, as well as drawing the right conclusions from the current situation. Under my leadership, Volkswagen will do everything it can to develop and implement the most stringent compliance and governance standards in our industry." Matthias Muller appointed CEO of the Volkswagen Group Muller remains Chairman of Porsche AG until a successor has been found Matthias Muller (62) has been appointed CEO of Volkswagen AG with immediate effect.

VW makes $23K on every Porsche sold, more than Bentley or Lamborghini

It's a good time to be in the luxury car business. In Volkswagen Group's financial report for the 2013 fiscal year, it is revealed that that Porsche enjoyed an operating margin of 18 percent. That means the Stuttgart brand made on average about $23,200 per car sold, according to BusinessWeek. Bentley wasn't far behind, and Audi (which was combined with Lamborghini) posted a 10.1 percent margin. This compares to only around 2.9 percent for the Volkswagen brand.
"Luxury brands are on fire," said Dave Sullivan, an industry analyst at AutoPacific. He said that the average profit margin is between six and eight percent. Brands like Porsche and Bentley have the benefit of competing in rarefied markets. Buyers looking at one their vehicles have fewer models to shop against and don't care as much about price. They can also charge more for options, which further boosts income, according to BusinessWeek.
In a way, we should be more impressed by the continued success from Audi. Its models generally have direct competitors in every segment from the other premium automakers. Plus, their buyers aren't the captains of industry who are shopping for a Bentley. Still, the Four Rings is leading rivals in sales so far this year.

2020 Bentley Flying Spur spied winter testing in Europe

The current Bentley Continental GT made its debut about a year and a half ago at the Frankfurt Motor Show. The big British coupe was joined about a year later by a drop-top variant, but there's been little word on the four-door model, the Bentley Flying Spur. We saw some spy shots last May of the car testing at the Nurburgring, and today we have a new batch of the Flying Spur doing winter testing in Europe. We don't know when the car might debut, but don't rule out a surprise reveal at next week's Geneva Motor Show. The cars in these photos are nearly uncovered. That said, if you're not paying attention, you may not notice much difference. Bentley has taken the Porsche approach to design, evolving the same basic formula rather than issuing a ground-up redesign. The lighting has all been updated, with larger lenses both front and rear. The smaller secondary headlights have moved further out on the front fenders. The upper and lower grilles, too, are larger, taking up a majority of the front end. The profile is generally unchanged, though some of the lines appear to be a little sharper, giving the Flying Spur a more muscular appearance. Expect the 6.0-liter twin-turbo W12 to soldier on. In the Continental, the engine makes 626 horsepower and 664 pound-feet of torque. The Flying Spur should get a similar output. As on the coupe, expect a V8 and plug-in hybrid variant to follow in the next few years. Related Video: