Luxury carmaker Bentley sees sales surge 37% in 2011
Source: BI-ME with AFP , Author: Posted by BI-ME staff
Posted: Tue January 3, 2012 9:02 pm

INTERNATIONAL. German-owned British luxury carmaker Bentley said Tuesday that its sales surged last year on the back of strong performances in China and the United States, the world's two biggest auto markets.

Total sales soared 37% to 7,003 vehicles last year, said Volkswagen's upmarket British-based division in a results statement.

Bentley, which is headquartered in Crewe, northwestern England, said sales rocketed by 69% in December alone to 1,059 cars, compared with the same month in 2010.

The United States remained the group's number one market with a total of 2,021 car sales in 2011 -- 32% higher than in 2010.

But demand was also particularly strong in China, where sales almost doubled to a record 1,839 -- making it the company's second-largest market.

Sales in continental Europe increased 53% to 1,187 vehicles led by strong demand in Germany where sales jumped 88%.

In domestic market Britain, where the company said conditions were particularly challenging, Bentley sold 1,031 cars in 2011, up five percent.

"It has been a tremendously good year for Bentley," Bentley's chairman and chief executive Wolfgang Durheimer said.

"The dramatic sales growth reflects a global strength to the brand and a recognition of the quality, craftsmanship and engineering excellence of our cars," he said.

 

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: October 31, 2014
INTERNATIONAL. In his latest interview with The Gold Report, the 321gold.com founder delivers a frank overview of U.S. international policy and lambasts commentators who look to their tea leaves in search of the next market moves.
date:Posted: October 31, 2014
INTERNATIONAL. If Russia's "pivot to Asia" results in Moscow and Beijing trading oil between them in a currency other than the dollar, that will represent a major change in how the global economy operates and a marked loss of power for the U.S. and its allies."
date:Posted: October 30, 2014
UAE. GCC corporate earnings strength intact; Regional bonds unaffected by global shocks; Central Banks support financial markets.
INTERNATIONAL. If Russia's "pivot to Asia" results in Moscow and Beijing trading oil between them in a currency other than the dollar, that will represent a major change in how the global economy operates and a marked loss of power for the U.S. and its allies."
dhgate