Dow Jones soars above 23,000. Is it too stretched? >>> READ MORE

Bentley Announces Plans for World’s Most Expensive SUV

The Bentley SUV's estimated price is over $200,000


2013_bentley_continental-gtc_convertibleVolkswagen’s (VLKAY) Bentley announced Tuesday, that it will produce its own SUV.

Bentley’s SUV is currently being referred to as the “Falcon”, but that isn’t a confirmed name for the car. The Falcon will feature a 12-cylinder engine, and could also possibly run on a 4-liter twin-turbocharged V8. There are also rumors that a plug-in hybrid version using a six-cylinder engine will also be an option, reports Businessweek.

The Falcon is currently estimated at over $200,000. This will make it the most expensive SUV on the market, passing the Range Rover, which is priced at $140,000, and produced by Tata Motors’ (TTM) subsidiary Land Rover, reports Businessweek.

The Falcon will be produced at Bentley’s main facility in Crewe, England, and will go on sale in 2016.

Article printed from InvestorPlace Media,

©2017 InvestorPlace Media, LLC