Bentley defies financial headwinds, posts document revenue

Bentley defies financial headwinds, posts document revenue
Bentley defies financial headwinds, posts document revenue

Bentley Motors has introduced its best-ever annual working revenue and car gross sales final yr for the second yr operating as a part of its newest monetary outcomes.

The corporate posted a record-breaking working revenue of €708 million (A$1.12 billion) in 2022, which is a rise of €319 million (A$506 million) from the earlier yr.

Bentley additionally offered a complete of 15,174 autos final yr, which is the primary time the model has offered greater than 15,000 automobiles in a yr.

Return on gross sales climbed to twenty.9 per cent in 2022, which is 7.2 per cent greater than in 2021. Bentley claims this is because of clients selecting larger specification autos, larger choice uptake, and the sale of limited-edition and coachbuilt autos.

The Bentley Bentayga SUV continues to the be the model’s top-selling car, accounting for 42 per cent of whole gross sales in 2022. This was adopted by the Continental GT and GTC with 31 per cent of the mannequin combine, and the Flying Spur which accounted for 28 per cent of Bentley’s whole gross sales.

“Because the low level of 2018, the entire workforce at Crewe has been working intensively to restructure the enterprise mannequin, in parallel with launching successive phase main new fashions and options,” stated Bentley Motors CEO Adrian Hallmark.

“Final yr marked a milestone on this journey. “

“An virtually €1 billion revenue turnaround has been achieved since 2018 regardless of an unprecedented interval of disruptions and crises together with Brexit, Covid, Semiconductor provide, Ukraine and UK financial instability,” he added.

As not too long ago reported, Bentley plans to supply solely plug-in hybrid (PHEV) and electrical autos (EVs) by 2026, because it gears as much as go all-electric by 2030.

The British carmaker not too long ago introduced it can finish manufacturing of its W12 engine in April 2024, and can despatched it off with the ultra-exclusive Batur.

Bentley has beforehand pledged to disclose its first EV in 2025 and convey it to market in 2026.

Abroad studies point out the primary EV will likely be an SUV, probably a model of the subsequent Bentayga or maybe an all-new nameplate.

It might even be constructed on the PPE platform which is able to underpin the Porsche Macan EV, Audi Q6 e-tron, and the Audi A6 e-tron.

MORE: Bentley units gross sales document as luxurious market stays buoyant


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