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Bentley to unveil zero-emissions EXP 100 GT on July 10

Some people take part in excessive celebrations with a birthday week. Bentley went the extra mile and has been celebrating a full all-out birthday year, with a variety of special-edition models and events. The British manufacturer has been milking its centenary leading up to July 10, 2019, when it will unveil the EXP 100 GT, a zero-emissions autonomous car that Bentley bills as "the future of grand touring."  During the past year, Bentley has released Centenary Specifications for all of its models, a $250,000 book, the Continental GT Convertible No. 1 Edition by Mulliner, a Bentley Continental GT No. 9 Edition, and a Mulsanne W.O. Edition, all in honor of 100 years of the company. These special products have created a build-up toward one of Bentley's biggest launches ever in the EXP 100 GT.  The EXP 100 GT is expected to be Bentley's first electric car, but the EXP nomenclature indicates it will only be a concept, for now. It will also be autonomous, as the ultimate level of grand touring is supposedly having the choice to drive or be driven.  Bentley says it will be "a physical embodiment of the future brand," and will "set the new benchmark for luxury craftsmanship." This will be accomplished with "a fascinating array of materials," all of which are handcrafted to Bentley's over-the-top standards.  The unveiling event will be livestreamed on BentleyMedia.com, or enthusiasts can register for the event on a microsite called Extraordinary Journeys. The sheet is expected to be pulled at 11 a.m. EDT Wednesday, July 10. 

Bentley to debut Flying Spur S at Goodwood Festival of Speed

The Bentley Flying Spur isn’t short on power or performance, but itÂ’s not the most focused driverÂ’s car at its price point. Bentley hopes to change that with a new S variant of the car, which will follow the lead set by the Continental GT S as a sharper, more exciting version of the posh four-door. Bentley offers two powertrains in the Flying Spur S, including a surprisingly capable hybrid. The V8-powered car gets a 4.0-liter mill that makes around 542 horsepower and 568 pound-feet of torque. With the engine on board, the 5,000-plus-pound Flying Spur S takes just 4 seconds to run from 0-62 mph, and the car can go on to a top speed of 198 mph. The hybrid powertrain features a 2.9-liter V6 engine paired with an electric motor that makes a combined 536 horsepower and 553 pound-feet of torque. The system can deliver an all-electric range of 26 miles, and the car still sees scorching acceleration just a tenth of a second behind its V8-powered counterpart. Keeping the Flying SpurÂ’s weight in check is BentleyÂ’s Dynamic Ride suspension system, which can apply up to 1300 Newton-meters of anti-roll torque to aid in cornering. All-wheel steering is also standard and can turn the rear wheels opposite the fronts by up to 4.2 degrees, giving the almost 17.5-foot long Flying Spur a much tighter turning radius than it would have otherwise. Looking at the Flying Spur, itÂ’s hard to see anything other than a stately Bentley, but the automaker gave the S a few styling touches to designate it as “the fast one.” Gloss black replaces polished metal and provides accents for the exhaust, grille, and wheels. The car comes with 21- or 22-inch wheels, red brakes, and exclusive “S” badges.  The Flying Spur SÂ’ cabin is every bit as plush as weÂ’d expect at a Bentley price point. A two-tone color scheme comes standard, with leather and synthetic suede upholstery called Dinamica. The material also covers the steering wheel and gear shift lever. Bentley embroiders the seats with an S logo and offers its logo as a no-cost embroidery option. Bentley will debut the Flying Spur S at the Goodwood Festival of Speed, which takes place later this month in England. The festival features a popular hill climb event that has featured everything from VolkswagenÂ’s electric ID.R race car to boutique supercars from little-known constructors. Bentley intends to field several vehicles in the event, including the new Flying Spur S and versions of the Continental GT S and GTC S cars.

Volkswagen posts quarterly profit despite drop in sales

Volkswagen returned to profit in the third quarter as surging Chinese demand for luxury cars helped offset a 1.1% drop in vehicle deliveries due to the pandemic, sending its shares as much as 3% higher on Thursday. The German automaker's return to the black comes amid spiking coronavirus cases in Europe that led governments in France and Germany to order their countries back into strict national lockdowns on Wednesday. "The coronavirus remains a central problem," Volkswagen Chief Financial Officer Frank Witter said in a conference call with reporters. "This situation now is anything but relaxed." But Witter said the group expected the economic recovery to continue and did "not anticipate any nationwide lockdowns in larger markets." Witter said the takeover of U.S. truck maker Navistar International by Volkswagen's trucking unit Traton was an important acquisition, but the "current economic climate will not make this easy." Volkswagen reiterated it expects to post a profit for the full year, saying its business "recovered noticeably" in the third quarter as sales in China of premium vehicles, including Audi and Porsche sports cars, rose 3%. The quarterly performance was also aided by a series of cost-cutting measures launched earlier this year. Volkswagen said its net liquidity rose to 24.8 billion euros from 18.7 billion at the end of the second quarter. Excluding one-time items, third-quarter operating profit was 3.2 billion euros ($3.8 billion), down from 4.8 billion euros a year earlier, but up from a second quarter loss of 1.7 billion. In a note to clients, Jefferies analyst Philippe Houchois described the results as a "solid performance with strong cash, but relatively muted in the context of the (auto) sector recovery." Last week, German rival Daimler reported a record 24% jump in Chinese demand for its Mercedes-Benz cars, boosting its margins in the third quarter. Italian-American Fiat Chrysler Automobiles and Peugeot manufacturer PSA Group both also posted solid results this week. Witter said Volkswagen could not say for sure whether it would meet EU CO2 emissions targets this year, adding "it will be a tough race." At 1030 GMT, Volkswagen shares were up 2.9% at 129.20 euros. Related Video: Earnings/Financials Audi Bentley Bugatti Lamborghini Porsche Volkswagen