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VW Group shareholders demand Bentley return to profit

The Volkswagen Group's main shareholders are giving British ultraluxury division Bentley an ultimatum to turn around its finances and start earning a profit. The Piech and Porsche families did not say what would happen if the brand fails to return to the black, but they said it should happen within two years. "The important thing is for every (VW Group) brand to generate a reasonable contribution again," Wolfgang Porsche told the subscription-only Frankfurter Allgemeine Zeitung, as relayed by Automotive News. "That is not currently the case at Bentley, and we are not satisfied." Volkswagen Group has not yet issued its report for full-year 2018, but Bentley had lost the equivalent of $157 million through the first nine months on an 11 percent decline in sales. In 2017, Bentley sold 10,566 vehicles globally, with revenue down 9.2 percent from 2016. VW Group apparently cites the slow rollout of the Continental GT and the British pound's lower value amid Brexit talks, which makes the many parts it sources from continental Europe more expensive, as among the reasons. A German study last summer claimed that Bentley lost a little more than $19,000 on each car. Adrian Hallmark started as CEO in February 2018 after heading global brand strategy for Jaguar. Bentley in 2018 released the all-new 2019 Continental GT after a nine-month delay, and it revealed the GTC convertible version in Los Angeles. Hallmark has said 2019 "is a conversion year to a better business model" after a year plagued by problems that also included European WLTP certification. He announced last year the luxury brand would no longer build new sports cars, though the brand says it's still committed to the idea of the two-door GT. Bentley has also said it wants electrified versions of all its models by 2025, which will be an expensive proposition and will likely including plug-in hybrid versions of current models.

W12 engine disappears for regular Bentley Continental GT in 2022

The non-Speed version of the Bentley Continental GT will not be available with a W12 engine in 2022. It'll be V8 only. CarBuzz noticed the change missing on Bentley's Continental Range page, and when the outlet put the question to the English automaker, the answer came back, "GT Speed and GT Speed Convertible are the only way to get a Continental with the W12 for 22MY." So ends a 13-year run of being able to choose how many horses and torques you wanted to pair with your leather and wood. We thought things were strange when Bentley priced the 2022 Continental GT Speed coupe $50,000 above the previous non-Speed Continental coupe with the W12. That's about double the premium the Speed has charged in the past despite making only 24 more horses than the non-Speed W12. Of course, that doesn't exist any more so such comparisons are academic.  At least the new Speed has received a handling makeover that includes a Bentley first: an electronic limited-slip differential. The new tools and their algorithms impart an enthusiastic liveliness at the stern end of the world's most flamboyantly capable heavyweight grand tourer. But the 2022 GT Speed can't do anything that the old standard W12 GT couldn't; the Speed is just more pliant and talkative about it. And now it exclusively has four more cylinders. The regular Continental range now includes four versions — GT V8 coupe and convertible, and GT V8 Mulliner coupe and convertible — with the Speed adding its own hardtop and droptop duo. Bentley execs have repeatedly said and hinted that they aren't finished with the W12, which got an all-new version to power the Bentayga in 2015; CEO Adrian Hallmark called it "effectively a new engine." The automaker's only got five years to spread it around, though, Bentley having said it will offer a hybrid version of all of its models by 2026, and also having said it doesn't want to add batteries to the W12 because the engine — and the car it powers — are already heavy. Our guess is that Bentley's looking up. There was a 2017 Continental GT Supersports with a W12 that made 700 hp and 750 lb-ft., which cost $60,000 more than the GT Speed. A new Supersports with those mammoth numbers (or more) and the newest Speed's dynamic tricks would make a might fine showcase. 

Bentley Continental GT celebrates 20 years in production with one-off

Another automotive birthday this year: The Bentley Continental GT is getting a cake for being 20 years in production. The superluxe GT segment was neither new nor unpopulated when a Cypress Green Continental GT with VIN 20001 came off the production line in Crewe, England, in December 2003. It's just that nothing else combined as much speed, handling, and all-out luxury as the Bentley. That coupe also introduced the world to a 6.0-liter W12 engine making 550 horsepower and 479 pound-feet of torque back when the four-seat Ferrari 456M was getting 442 hp and 406 lb-ft. from its V12 and the two-seat Ferrari 575M was making "just" 508 hp and 434 lb-ft. from the same engine. With the 20th anniversary being celebrated with China dishware, it's fitting that Bentley used Auto Shanghai to introduce a one-off celebration in the form of a Continental GT S. This one comes in Magnetic Dark Grey Metallic over 22-inch black chrome and black wheels. Red accent lines embellish the mirror caps and form a hem around the base of the coupe. Inside, specialty division Mulliner's made a unique arrangement of Beluga (black) and Hotspur (red) leather against piano black trim. The bi-finish fascia puts Granite Stone above Grand Black veneer, separated by red pinstriping. Special badging and laser etching appears in places like the treadplates, center console, and veneers.  The carmaker plans events in the Western hemisphere at the Goodwood Festival of Speed in July, a global relay of Continental GTs crossing three continents to pass a custom Bentley baton. There will also be drive hubs at the HQ in Crewe and in Geneva, Switzerland where invited guests can drive all three Continental generations, the first- and second-generation examples coming from the Bentley Heritage Collection. The culmination comes in another one-off Continental GT inspired by the first unit produced that will debut during Monterey Car Week.