1974super Beetle (sunroof) on 2040-cars

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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.

Volkswagen preparing Tiguan Coupe R

Volkswagen has might proliferation plans for the SUV side of the VW brand, Autocar listing a range that will comprise seven models and variants on sale by 2018. The next-generation Tiguan will play a large part in tripling VW's crossover lineup, a development discussed a year ago, with a standard model, the three-row long-wheelbase version to be built in Mexico, and a five-door "Coupe" variant that will get an R version worked up by the in-house R team. The Tiguan Coupe R is aimed at the performance end of the compact crossover field, giddyup coming from a 2.0-liter four-cylinder with something like 300 horsepower and 280 pound-feet of torque that works through a six-speed dual-clutch transmission. Underpinnings are expected to be cribbed from the Golf R; a hotter suspension tune with a lower ride height and four-mode damping. The sprint to 62 miles per hour would clock in around 5.1 seconds, and handling nous would be aided by all-wheel drive and electronic torque vectoring. It will need all of that in order to catch up to the competitive set listed by Autocar of the 375-hp Mercedes-AMG GLA45, 309-hp Audi RS Q3, and potential Range Rover Evoque SVR and BMW X2 M. The CrossBlue Coupe seen in Shanghai earlier this year will provide the styling cues, we're told, with rakish glass front and back, and thick C-pillars supporting a leaner greenhouse. We'll likely see the basic Tiguan at next month's Frankfurt Motor Show, then will come the long-wheelbase in 2016, the regular Coupe in 2017 along with the Touareg and US-built CrossBlue, then in 2018 the Tiguan Coupe R, CrossBlue Coupe, and Nissan Juke-fighting T-Roc. Related Video:

Carlex Criollo is a Volkswagen Multivan shrine to Alcantara, leather and... fish

A keen angler recently went to Polish tuner Carlex Design (the same folks who did that steampunk Mini Countryman a while back) for a revamp of his Volkswagen Multivan. What resulted is perhaps the most striking - yet fishing-unfriendly - interior we've ever seen in a van. Below the shoulder line, if a surface isn't covered in cross-stitched Alcantara, then it's covered in cross-stitched leather. Even the steering wheel airbag boss. And the seat supports. And the cupholders.
The brown hue of the Multivan's interior is called Criollo, named for an especially fine specimen of cocoa. The finishing touch on the overhaul is a fileting knife that Carlex made for the owner. We imagine he'll use the knife for the marine life, but keep his van far away from it.