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Lamborghini and Bentley may hold off on SUVs so VW can conserve cash

After surveying the European economic scene, Volkswagen may have decided now is not the time to launch utility vehicles with Bentley and Lamborghini badges. Bentley officials say they will continue to push for support for the EXP 9 F and Lamborghini CEO Stephan Winkelman has said planning for the Urus will continue until VW tells it to stop.
That decision could come on November 23, when VW's board will vote on the company's budget for equipment, factories and vehicles. With VW's sales slowing and the Euro economy slumping further, some industry watchers say the company is more likely to build its cash reserves than to introduce super-expensive luxury SUVs or crossovers.
"Such vehicles are anything but obligatory during a crisis," says Frankfurt-based Equinet AG analyst Tim Schuldt in a new Automotive News Europe story. "Delaying their launch would be no drama but help save costs."

Felicity Ace sinks with thousands of VWs, Porsches, Lamborghinis

The stricken ship Felicity Ace sank overnight after a week of salvage efforts ultimately proved unsuccessful. The ship, which was carrying up to 4,000 VW Group cars, went to the bottom unexpectedly while a salvage team was attempting to tow it to shore, Bloomberg reports.  "Initial reports from the local salvage team state that the vessel had sunk at around 9AM local time having suffered a list to starboard," Mitsui O.S.K. Lines transportation company (MOL), which owns the Felicity Ace, said in a statement released early Tuesday.    "The last vessel position was around 220nm off the Azores," MOL said. "The salvage crafts will remain around the area to monitor the situation. Further information will be provided as it becomes available." The ship sank after being battered by waves and listing 45 degrees to starboard, the ship’s operator said. “The weather was pretty rough out there,” Pat Adamson, a spokesperson for MOL Ship Management (Singapore), a unit of Mitsui OSK Lines Ltd., said by phone. “And then she sank, which was a surprise.” VW, Porsche, Audi, Bentley and Lamborghini-branded models were aboard the ship, which was headed to Rhode Island from GermanyÂ’s Emden port when the fire broke out on Feb. 16.  Rough seas and ongoing fires fueled by the lithium-ion batteries of EVs onboard delayed the ship's salvage and recovery operations for the better part of a week. While the likelihood of salvaging the smoke and potentially fire- and water-damaged vehicles from Felicity Ace's hold was slim to none, some had held out hope that their special-ordered vehicles might survive the mishap.  The Panama-flagged Felicity Ace was safely evacuated of its 22 crew members by the Portuguese navy after a fire started in its hold more than a week ago. The ship can carry up to 4,000 cars. European carmakers declined to discuss how many vehicles and what models were on board, but it appears to have been transporting approximately 2,500 cars, including roughly 1,100 Porsches and an undetermined number of Volkswagens.  The cars aboard were on order. Porsche customers in the United States were being contacted by their dealers, the company said. “We are already working to replace every car affected by this incident and the first new cars will be built soon,” Angus Fitton, vice president of PR at Porsche Cars North America, Inc., told The Associated Press in an email. The ship sank in water nearly 10,000 feet deep, the Portuguese Navy said.

2020 Bentley Bentayga Hybrid is less efficient on the highway than V8 version

Official EPA fuel-economy ratings are out for the 2020 Bentley Bentayga Hybrid, the luxury brand’s first electrified offering, and they donÂ’t exactly bathe the crossover in a green light. As spotted by Green Car Reports, the plug-in performs worse on the highway than its V8-powered combustion sibling. The EPA rated the Bentayga Hybrid as delivering 18 miles in all-electric range, which is two miles more than Bentley previously touted, and a combined 19 miles per gallon in hybrid mode, which is indeed the most efficient of the three Bentayga versions offered. ItÂ’s rated at 17 mpg city and 21 on the highway. By contrast, the 4.0-liter twin-turbo V8 version of the luxury crossover offers just 17 mpg combined, yet it delivers 23 mpg on the highway. Its overall EPA-rated highway range also beats the Hybrid, at 518 miles to 430 miles on a full charge and tank. The Bentayga Hybrid combines a turbocharged 3.0-liter V6 and a 94 kilowatt electric motor that also functions as a generator. The system combines for 443 horsepower and 516 pound-feet of torque, with a 5.2-second 0-60 mph time. It sends that through an eight-speed automatic transmission driving all four wheels. Curb weight is a hefty 5,709 pounds. Base price starts at $160,000. The V8, by comparison makes 542 hp, nearly 100 more ponies, and 568 lb-ft, with a 0-60 mph of 4.4 seconds. It will set you back $171,025. At any rate, both versions are well below the 27 combined mpg of the average 2020 vehicle, according to the EPA. The HybridÂ’s fuel economy ratings suggest that buyers may be motivated less by concerns about carbon footprint than conveying the appearance of having those concerns. Bentley has said its first full electric vehicle will be a dedicated model that will arrive in 2025 at the earliest, and possibly with a solid-state battery pack. Related Video: