AD #2894 – Bentley Reveals the Ultimate Bentayga; CATL Battery Breakthrough; Is This GM’s 1st OTA Update?

August 12th, 2020 at 11:59am

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Listen to “AD #2894 – Bentley Reveals the Ultimate Bentayga; CATL Battery Breakthrough; Is This GM’s 1st OTA Update?” on Spreaker.

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Runtime: 10:30

0:07 Tesla Announces Dividend for Shareholders
0:52 CATL Battery Breakthrough
1:33 U.S. Federal Reserve Buys OEM Finance Arm Bonds
3:09 Is This GM’s First OTA Update?
3:59 Polestar Details Sales Process in North America
5:03 Skoda Shares ENYAQ iV Sketches
5:34 VW ID.3 Uses Vitesco Drive Control Unit
6:22 Jeep Names Top Canine Finalists
7:14 Hyundai & Aptiv Name JV “Motional”
7:48 Bentley Introduces the Ultimate Bentayga
8:45 Bentley Developing E-Axle

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26 Comments to “AD #2894 – Bentley Reveals the Ultimate Bentayga; CATL Battery Breakthrough; Is This GM’s 1st OTA Update?”

  1. ChuckGrenci Says:

    Sean, are you embargoed; not a mention of the Bronco event you went to. I know, stay tuned (but thought maybe a mention of what’s to come).

  2. MJB Says:

    I must say that I’m not nearly as impressed with that Bentayga (style-wise) as I thought I’d be when it first debuted. I’ve seen it on the road several times and actually find it to be a bit of a let-down.

    Maybe the minor styling changes they’ve made with the Speed model will change my mind though.

  3. Larry D. Says:

    If Tesla wanted for its stock to be really affordable, it should make it $100 a sha or $150 using a TEN TO ONE split.

    As for the DIVIDEND, it is an Econ Illiterate decision. A successful and growing company should NOT waste its precious cash on twice-xtaxed dividends but RFEINVEST AND EXPAND.

  4. Robley Melton Jr Says:

    Now if GM can just figure how to use OTA to fix the unintended operation of the “frunk” on the C8-Vette, they would have a fantastic APP. This will probably be a major recall, since this is an obvious design mistake. Now if the the hinges for “frunk” had been on the front of the car…..

  5. Sean McElroy Says:

    @ChuckGrenci – Yes, Bronco info was embargoed but I’ll be able to report some stuff tomorrow and more on Tuesday next week. Tomorrow I can talk about some documents and info from the Bronco archives, some racing the Bronco will return to and new features/accessories. Although, we’ll likely spread that over several days. Tuesday I’ll be able to talk about my impressions of the Bronco and Bronco Sport’s off-road capabilities.

  6. Wim van Acker Says:

    @5: nice, looking forward to your reporting, Sean

  7. Kit Gerhart Says:

    The Bentayga must be the ultimate cash cow for VW group. It’s basically the same thing as an Audi Q7 or VW Touareg, but costs about 3-4 times as much as the Audi, and six times as much as the no longer sold in the U.S. Touareg.

  8. Larry D. Says:

    7 RR doubled its sales with just one new model (guess which one), the Cullinan Big SUV.

    The Bentyaga is much smaller, Cayenne-Touareg clone.

    Bentley needed a Cullinan challenger

  9. Bob Wilson Says:

    #3 – You raise an interesting tax issue of calling the four extra shares a dividend. Without any withholdings, will a stock holder need to sell one of those four shares to cover 2020 taxes?

    Speculation, a forced stock sale could lead to a significant drop in price on top of the split. A nice question for a tax consultant and/or the IRS.

  10. GM Veteran Says:

    3 – I think the use of the word dividend was intended just to attract attention to the story. I have not heard of an actual dividend, just the stock split. The “dividend” Sean was referring to was that each shareholder will now have four times as many shares as they did before the split.

  11. GM Veteran Says:

    I am confused by the 50-50 joint venture between Volvo and Geely. Since Geely owns 100% of Volvo, how can this be a joint venture? Geely owns the whole shebang.

  12. ChuckGrenci Says:

    4, The C8 front trunk unintended openings were isolated and deemed operator error; I suspect no recall is in order.

  13. Kit Gerhart Says:

    12 The frunk would, presumably, have have a second mechanical latch like the hood of a front engine car. The lid isn’t going to fly open.

  14. Kit Gerhart Says:

    3,9,10. From the Tesla web site, just now:

    “Tesla has never declared dividends on our common stock. We intend on retaining all future earnings to finance future growth and therefore, do not anticipate paying any cash dividends in the foreseeable future. “

  15. ChuckGrenci Says:

    The C8 frunk (or Tesla model S) does not have a secondary latch (perhaps maybe it should) and maybe a more redundant alert but as presented it has quite a few safeguards. the Chevy Dude has a U-Tube on his take of the occurrences. Link on his channel:

  16. Kit Gerhart Says:

    15. I’m surprised, because my friend’s Cayman has a secondary latch, and if I remember right, even my 1970 VW Beetle had one. I guess they have high confidence that the aerodynamics of the C8 and Model S are such that the lid would not raise when driving.

  17. JR Says:

    @5 Embargoed, and maybe even censored too… A bit of a potty mouth there young man. Your reviews are supposed to be appropriate for children too. :)

  18. Kit Gerhart Says:

    15,16. After watching the video, I see that the frunk lid wil pop open. I’m really, really surprised that there is not a secondary latch.

  19. Kit Gerhart Says:

    17. Huh?

  20. ChuckGrenci Says:

    17, Huh,Huh; I reread Sean’s response and what you refer, I do not see.

  21. Kit Gerhart Says:

    19,20. Could there have been an edit to the comment? We can’t do that, but maybe he can.

  22. ChuckGrenci Says:

    According to Steve Carlisle the Lyriq is to start at under $60k. Link:

  23. Kit Gerhart Says:

    22 If that is correct, that is good. Cadillac has a history of overpricing vehicles, very notably the ELR, killing any chance of sales success.

    Are the $7500 tax credits by brand, or by company? That is, does Cadillac get credits separate from Chevy’s, which are used up?

  24. Lambo2015 Says:

    I wonder if the Bronco press review included some Wranglers so they could do a direct comparison on the same trails same day. If Ford felt they had really built something as good or better, they certainly should have had a few there.
    The problem is you compromise hwy drivability to make a great off-roader and visa-a-versa. So even if the Bronco isn’t as capable as Wrangler if its twice as nice to drive down the road which is what most people use them for, it could be considered a better vehicle. Look forward to Seans review.

  25. ChuckGrenci Says:

    23, Kit, tax credits are for maker, which means General Motors, and listing all that have run out, also Tesla. 60 g’s isn’t cheap but not totally off-putting; of course, to get a moderately equipped Caddy, I’m thinking closer to 75 (but that’s what some thought would be starting so that could be a plus to sales). Super Cruise will be offered but doubtful on the base vehicle (maybe it will be like the Tesla and just have to be turned on; but that may also be wishful thinking).

  26. Kit Gerhart Says:

    25. I suspect a base Lyric would have all of the “features” I’d want, and maybe some I wouldn’t want. It will have vinyl seats standard, but with today’s materials, that is fine. Also, the cheapest one will probably be 2wd (rear?), also fine with me.