Today's roundup of the last 24 hours also looks at a typhoon that could affect Japanese automakers and the attractive pricing of the new GR Corolla.
Good morning, and welcome to another midweek installment of Cold Start, your daily roundup of the last 24 hours. Since yesterday's report, we've seen that the Chrysler 300 will soldier on for another year. We've also seen a teaser for the upcoming Pagani C10 that confirms the hypercar will be available with a gated manual gearbox and have spied a special version of the Ferrari SF90 undergoing testing.
But this morning, we're going to talk about a typhoon that is hampering Toyota and Nissan's production, the progress on Porsche's initial public offering (IPO) listing, and the reveal of the new Bentley Flying Spur Speed. A look at pricing for the Toyota GR Corolla and the reveal date of the Ferrari Purosangue SUV will cap things off.
Bentley has finally applied its Speed nomenclature to the excellent Flying Spur, its big luxury sedan. As a Speed model, the big Bentley has been fitted with a 6.0-liter twin-turbo W12 engine that produces 626 horsepower and 664 lb-ft of torque - up by 84 horses and 96 lb-ft compared to the regular W12. By doing so, it has transformed the car into a monstrous barnstormer that can go from rest 60 mph in just 3.7 seconds and on to a top speed of 207 mph. With all-wheel-drive, a ZF-sourced eight-speed dual-clutch, and torque vectoring, this is the most performance-oriented Flying Spur ever. Pricing has not been revealed yet, but you can bet that you'll pay far more than the regular W12 model's asking price of around $220,000.
As if the effects of the coronavirus weren't bad enough for the automotive industry's supply chain, we then had to contend with Russia invading Ukraine, causing more issues for automakers around the world. These factors have caused many manufacturers to pause production over the past couple of years, and now Mother Nature is about to throw another wrench in the works. Typhoon Hinnamnor is steadily advancing on the western Japanese prefecture of Fukuoka, forcing Toyota to halt work at three of its plants yesterday. The same natural phenomenon has affected Nissan too, but the typhoon has affected South Korea the worst, with one person dead and several missing. The environment hates humankind, but who can blame it?
Porsche has been considering an initial public offering listing for over a year now, and despite the gloomy economic outlook predicted by many financial industry analysts, the Volkswagen Group has now given Porsche approval for the listing. The IPO will potentially be initiated late this month or early next, with the aim that the listing will be live on the Frankfurt Stock Exchange by the end of this year. A large portion of the shares will be snatched up by Porsche AG's holding company, Porsche SE, which is controlled by the Porsche and Piech dynasties. This little tidbit gives us an insight into the reasoning behind an IPO being announced at such a tumultuous time; the families are eager to gain more control of the Zuffenhausen-based automaker. As long as excellent products like the 911 continue to outperform their competitors, we're not too bothered with who is in control.
Ferrari's first SUV will be something rather different than what the likes of Lamborghini and Aston Martin offer. Of course, the Purosangue will rival those vehicles in terms of sheer horsepower output and luxury, but the Fezza is expected to be more like a lifted wagon than a true SUV. Think Porsche Taycan Cross Turismo, but with a sonorous V12 and much more exclusivity. This new Prancing Horse is not intended to be a mass-market product and will be produced in limited numbers so that the Ferrari badge remains elusive and special. We can't wait to see what else Ferrari has in store, so check in with CarBuzz on Tuesday, September 13, for all the info.
We may have missed out on the astoundingly brilliant Toyota GR Yaris here in the States, but Gazoo Racing is making up for that with the GR Corolla. This is arguably an even more attractive vehicle than a GR Supra, offering performance, practicality, and a pretty price. Three versions will be available, the cheapest of which is the Core. This will arrive late in the fall with a base MSRP of $35,900. The Circuit and Morizo Editions arrive in spring next year with pricing of $42,900 and $49,900, respectively. These prices exclude a destination fee of $1,095. All three produce 300 hp, but the 200-unit Morizo Edition boosts torque from 273 lb-ft to 295 and will surely sell out very fast.