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Bentley defies economic headwinds, hits record profits


Bentley engine announced its best-ever annual operating profit and vehicle sales for the second year in a row as part of its latest financial results.

The company posted a record operating profit of €708 million (AUD 1.12 billion) in 2022, up 319 million euros ($506 million) from the previous year.

Bentley also sold a total of 15,174 vehicles last yearThis is the first time the brand has sold more than 15,000 vehicles in a year.

Profit-to-sales ratio increases to 20.9% in 2022, 7.2% higher than in 2021. Bentley says this is because customers choose vehicles with higher specifications, higher optional consumption and the sale of limited edition and homemade vehicles.

The Bentley Bentayga SUVs continue to be the brand’s best-selling vehicle, accounting for 42% of total sales in 2022. This is followed by continent GT and GTC with 31% mixed model and Hot steam is flying accounts for 28% of Bentley’s total sales.

Bentley Motors CEO Adrian Hallmark said: “Since the low point of 2018, the entire team at Crewe has worked diligently to restructure the business model, in parallel with the continuously launching new models and features leading the segment.

“Last year marked an important milestone in this journey. “

He added: “Since 2018, nearly €1 billion in revenue and profit has been achieved despite unprecedented periods of disruption and crises including Brexit, Covid, semiconductor supply, Ukraine and economic uncertainty. economy of Great Britain”.

As recently reported, Bentley plans to only offer plug-in hybrid vehicles (PHEVs) and electric vehicles (EVs) by 2026, as it prepares to run entirely on electricity by 2030.

The British automaker recently announced that it will end of production of W12 . engine in April 2024 and will ship it with a super exclusive Batur.

Bentley has previously committed to disclosure First EV in 2025 and bring it to market by 2026.

Reports abroad say the first EV will be an SUV, potentially a version of the next Bentayga or perhaps an entirely new nameplate.

It can even be built on top of a PPE foundation that will strengthen Porsche Macan EV, Audi Q6 electronicand Audi A6 e-tron.

THAN: Bentley sets sales record as luxury car market continues to be active

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