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If VW defaults on loans it may sell Bentley or Lamborghini

If something goes catastrophically wrong with Volkswagen Group's recent $21 billion loan, brands like Bentley or Lamborghini could hit the auction block. According to two insiders to Reuters, the beleaguered German automaker agrees with its creditors to sell assets if the company somehow can't pay back the debt in a year. One of these anonymous people claimed the company hasn't yet deliberated over what to sell. However, the sources were willing to speculate that the power engineering portion of Man could be among the first to go. "Volkswagen may also consider divesting luxury car brands Bentley and Lamborghini or motor bike brand Ducati, although these units don't really move the needle," an insider said to Reuters. VW Group negotiated with the banks earlier this week to get the massive loan. The cash is necessary as a buffer in case the automaker doesn't have enough money on hand to repair vehicles or settle upcoming fines. VW would reportedly issue bonds in the spring to begin paying the debt. The company's bills will start racking up quickly in the new year. German authorities mandate a recall there in early 2016, and repair campaigns in the US for the 2.0- and 3.0-liter diesel engines are inevitable. There are also hundreds of class-action lawsuits to settle. The company needs to resolve its CO2 emissions scandal in Europe, too. In response to these financial threats, VW management created a cost-cutting plan to slash the research and development budget by $1.1 billion next year.

2019 Bentley Continental GT gets stunning new looks but keeps its W12 engine

The Continental GT is an incredibly important model for Bentley, having kicked off the British luxury brand's current resurgence. To wit, in 2003, the year the Continental GT was introduced, Bentley sold around a thousand vehicles. Just a decade later, Bentley was selling 10 times that many cars. You can be sure that the automaker doesn't want that explosive growth to slow down, and the new 2019 Continental GT you see here looks certain to keep customers flowing into Bentley dealerships for the foreseeable future. If you were expecting lots of technology in this new Continental, you'll find it front and center in the cockpit. There's a fully digital dash that mimics conventional gauges on either side of a configurable screen, but the real showstopper is the 12.3-inch Rotating Display. When the car is turned off, the infotainment screen spins to hide behind a wooden veneer – just a small part of the 107 square feet of wood inside – but that's not its only trick. In addition to the LCD screen, there's a third mode festooned with a temperature gauge, compass, and chronometer. The rest of the cabin is suitably opulent. There's diamond-stitched leather, a watch-like machined finish called Cotes de Geneve, diamond knurling, and bronze inserts in between the primary controls. 20-way power adjustable seats are heated, cooled, and massaging, and in-seat Active Bass Transducers are optional. A 6.0-liter W12 engine sends 626 horsepower and 664 pound-feet of torque to all four wheels through an eight-speed automatic transmission. The run to 60 takes just 3.6 seconds, and the top speed is listed at 207 miles per hour. If you were expecting some sort of electrification, you'll have to look elsewhere. A 48-volt electronics system with actuators to help keep the big coupe planted during corners is borrowed from corporate cousins Audi, as do LED Matrix headlights. We'll see the 2019 Continental GT in person at the Frankfurt Motor Show. Pricing has yet to be announced, but we'd expect it to be slightly higher than the $200,000 asking price of the current model. Featured Gallery 2019 Bentley Continental GT View 28 Photos Frankfurt Motor Show Bentley Coupe Luxury Performance

Bentley starts testing the sold-out, 200-mph Bacalar roadster

Bentley took the limited-edition Bacalar from a sketch to a 200-plus-mph roadster in nine months, a shockingly short amount of time. Its engineers are now putting the first car through its paces at the same break-neck speed. Although the Bacalar is based on the Continental GT, the British firm explained nearly everything the driver will see and feel is specific to the car. Bentley developed over 750 new parts for it, including 40 built with carbon fiber, and the roadster shares no body panels with other members of the company's range. All of these components have to meet the same stringent quality standards as those created for regular-production models. Bentley gave its team 20 weeks to fine-tune the first prototype (pictured), which it calls car zero. Testing started earlier in 2020, so the car has already been put through a wind tunnel and pushed to the limit at triple-digit speeds — it's as stable and quiet as customers expect. Next, test drivers will pile on the miles to see how it holds up over time. They'll then test it at up to 176 degrees, and the final step will be validating the electrical system. Power for the Bacalar comes from a twin-turbocharged 6.0-liter W12 engine, which produces 650 horsepower and 667 pound-feet of torque. It spins the four wheels through an eight-speed automatic transmission. Bentley hasn't revealed what it will do with car zero at the end of the testing phase. Production is scheduled to start in 2021, and the 12 examples planned have already been spoken for. Each one will be unique; buyers will be invited to work directly with the company's design department to configure the interior and the exterior. Related Video: