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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.

Bentley's next continuation car is its 1929-30 Le Mans winner

Bentley's Mulliner division will resurrect the Speed Six as its second continuation project. Announced on the sidelines of the 2022 Goodwood Festival of Speed, the born-again classic will be nearly identical to the cars that won the 24 Hours of Le Mans in 1929 and 1930. Continuation cars remain a significant source of controversy among enthusiasts; Ralph Lauren is one of the high-profile collectors who wrote an angry letter to Bentley after the firm announced plans to make 12 replicas of the four 1929 Team Blower models. The criticism didn't dent the model's popularity; all 12 units were spoken for in record time, and this success encouraged Bentley to bring the Speed Six back to life. Why the Speed Six? It's one of the most important models in Bentley's history, according to the company's archives department, largely due to its success at Le Mans. It was an evolution of the 6 1/2 -Litre model whose 6.5-liter straight-six engine was tuned to develop about 180 horsepower, a huge number in the 1920s. It was offered with three different wheelbases, and 182 examples were made between 1928 and 1930. Only a small handful of those were modified for racing; they were built on a 132-inch wheelbase and fitted with a 200-horsepower six. Bentley started the continuation project by sourcing two of the original cars. One is the third of three units that raced at Le Mans in 1930, and it's been nicknamed Old Number Three. It's in private hands. The second is a 1929 model that's part of the carmaker's collection and that has previously received a full restoration. Mulliner has completed a 3D CAD model of the Speed Six using those cars and period documents. Pricing for the Speed Six continuation car starts at GBP1.5 million, a sum that represents about $1.8 million at the current conversion rate. Production is limited to 12 units, and collectors scooped up the entire batch before the project was announced to the public. Bentley will begin building the first car, which is not part of the 12 and which will be used as a testing and engineering mule, in the second half of 2022.   Featured Gallery Bentley Speed Six View 12 Photos Bentley Automotive History Convertible Luxury Racing Vehicles Performance Classics Goodwood Goodwood Festival of Speed

Bentley confirms SUV for 2016

It looks like the addition of a Royal Baby isn't the only big news coming out of the UK this week. Bentley has ended all of the will they/won't they speculation by confirming today that it will produce an SUV. Earmarked to go on sale in 2016, the as-yet unnamed Bentley SUV will help create an extra 1,000 jobs in the UK.
While no concrete details have been released, Bentley says that it will be the "most luxurious and most powerful SUV" on the market. Past rumors have indicated that the SUV could look completely different from the 2012 EXP 9 F Concept shown above, be renamed the Falcon and offer options like a plug-in hybrid version and three-row seating. To prepare for a fourth model in its lineup, Bentley will be investing 800 million British pounds (around $1.2 billion USD) into its Crewe headquarters and production lines over the next three years. Scroll down for Bentley's press release officially confirming the new SUV.