Bosch European Motors
It promises a stunning mix of luxury and pace, but can the new Bentley Bentayga knock out the ultimate Range Rover? With the surge in popularity of SUVs, it was only a matter of time before the world鈥檚 luxury brands stepped into the fray with plush offerings for the monied elite. And the first company to hit the market is Bentley with the new Bentayga. The British firm鈥檚 first SUV aims to mix the luxury of Bentley鈥檚 high-end saloons with the pace to make it the world鈥檚 fastest off-roader. And with a handcrafted interior and colossal 6.0-litre W12 engine, the Bentayga should set new benchmarks in both fields. It鈥檚 the first of a fresh breed of luxury SUVs, but here it faces an existing model that鈥檚 been given a high-end update to take on this new wave. The Range Rover has set the standard for SUV luxury for over 40 years, and now Jaguar Land Rover鈥檚 Special Vehicle Operations division takes this to another level with the bespoke SVAutobiography. So, can the Range Rover remain at the pinnacle of the luxury SUV class? Or does the Bentayga move the sector to a new level of luxury, performance and exclusivity?
A compact crossover SUV from Land Rover, the Land Rover Freelander had its humble beginnings in the year of 1998 when it was officially introduced to the automotive world. This vehicle was designed so as to compete with the Jeep Liberty, the Toyota RAV4, and other similar vehicles. When this vehicle came to North America, it served as a pioneer for the premium compact SUV segment. This vehicle is powered by a V6 engine. The Land Rover Freelander is a vehicle that has been designed for moderately rugged roads however its abilities do not include serious inclines and broken terrain. This vehicle has been made available in three body styles that comprise of the Station Wagon sporting five doors, the Hardback that has three doors, and the Softback containing three doors as well. It is a multi-functional vehicle so much so that it could not only be used for moderate off roading but also could be utilized for town driving as well. The Land Rover Freelander is protected by tough yet stylish polycarbonate bumpers and body trim. It has a tough but sophisticated appeal making it adventurous yet easy to find on urban streets. This vehicle offers a wide range of features for itself. The list includes glass roof panels, electric sunroof, rear mudflaps, a soft or a hard top, powerfold mirrors, a privacy glass, tinted glass, roof rack, roof rails, front fog lights, and park distance control. For entertainment, the vehicle has a single-slot CD player, a six-speaker sound system, a 6-disc CD player, and a Harman/Kardon premium system that has eight speakers and a subwoofer.
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Brav (2009) argued that private companies tend to stay away from equity markets and prefer to be more debt financed than equity financed due to high sensitivity to fluctuations in performance. They also argued that the structure of management plays a major role in choosing debt versus equity. Shareholders in family owned businesses that do not like too many fluctuations in performance tend to select debt financing whereas high risk averse managers tend to select equity financing. O'Brien (2003. pp420) proved an empirical generalization that firms having higher emphasis on innovations (R&D investments) possess lower debt to equity ratios. This is because Research and Development creates substantial amount of intangible assets that cannot serve as an effective collateral in debt financing and hence do not support high levels of debt. Their research proved that all listed companies investing heavily in R&D tend to be more equity financed than debt financed.
