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VW Group to split brands under four holding companies

The Volkswagen Group is planning a tremendous shift in its internal structure that will decentralize operations by splitting its 12 brands into four different holding companies. Here's the breakdown. Things will be split logically, considering the inter-sharing of parts, platforms, and engines. The Volkswagen brand, Seat, and Skoda make up a passenger vehicle division led by former BMW man Herbert Diess. Audi, which is tightly intertwined with Lamborghini and motorcycle manufacturer Ducati, will be managed by current Audi exec Rupert Stadler. Porsche and Bentley, which are already quite close, will be joined by Bugatti and run by Matthias Mueller. Finally, a commercial vehicles division will include Volkswagen Commercial, Scania, and Man. Former Daimler exec Andreas Renschler will take care of the big vehicles. The massive move, according to Automotive News Europe, is part of an internal VAG effort to move away from the structure established by ousted Chairman Ferdinand Piech, who favored a compact, but highly centralized, management structure to oversee the independent actions of the company's brands. Criticism of Piech's arrangement stemmed from the company's slow responses to changes in the market, ANE reports. The new structure should make for a more efficient, streamlined company that's better able to make crucial decisions. What are your thoughts? Should VAG decentralize, or did Piech have the right idea? Have your say in Comments.

Average Bugatti owner has 84 cars, 3 jets, 1 yacht

Between Audi, Porsche, Lamborghini, Bentley and Bugatti, the Volkswagen Group has no lack of prestige marques under its umbrella. And while some of these marques may produce models that compete against each other, each seems to be profitable enough in its own right to justify its existence. But what about Bentley and Bugatti? Surely these marques cater to the same customers, right?
Not according to their shared CEO. "The clientele between Bentley and Bugatti is remarkably different," said Wolfgang Dürheimer in an interview with Bloomberg. "The Bentley customer on average owns 8 cars. The average Bugatti customer has about 84 cars, 3 jets and 1 yacht."
That may be a slight exaggeration (we'd have expected three yachts and one jet), but it puts things into perspective: Bentleys are for the one percent. Bugattis are for the one percent of that one percent. Which only goes to show why it's taken Bugatti over eight years to sell 450 Veyrons - a number of units it would take Bentley about two weeks to move, albeit at about one tenth the price.

Here's our first look at the new Bentley Flying Spur sedan

We've seen a few different versions of the new Bentley Continental GT coupe rolling around Europe, but now we have our first view at the Continental Flying Spur, the car's four-door variant. Just like the coupe, it looks a helluva lot like the outgoing model. Bentley has done just enough to keep the car looking fresh while retaining what are now characteristic traits of the Continental twins. The Flying Spur is really just a stretched version of the Continental GT, though the former no longer carries the Continental prefix. While we don't know exactly how much longer the wheelbase is, expect generous legroom for those in the backseat. Don't expect many changes from the B-pillar forward, including under the hood. Look for both a twin-turbo V8 and a meaty twin-turbo W12, both making copious amounts of horsepower and torque. These spy shots don't give us the best view of the front, but we can see that Bentley has stuck on fake headlights, just like the GT prototypes. The grille appears to be a little more upright than the current model. There looks to be significant differences between the front of the GT and the Flying Spur, but we'll have to wait for another look. The rear has the now requisite oval taillights and exhaust tips. The entire rear looks like a GT with wide hips. There's been no word on when the car will debut, but look for news as soon as this fall or early next spring. Related Video: Featured Gallery Bentley Flying Spur spy shots Image Credit: CarPix Spy Photos Bentley Luxury Sedan bentley flying spur bentley continental flying spur