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
china wholesale market

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: August 28, 2015
INTERNATIONAL. Suspected anchors on the gold price, such as an interest rate increase and devaluation of the yuan, could actually be a rallying cry for commodities, he says in this interview with The Gold Report.
date:Posted: August 28, 2015
INTERNATIONAL. The Turkish Football Federation in a demonstration of the inseparable ties between sports and politics, has effectively declared its support for renewed Turkish-Kurdish hostilities.
date:Posted: August 28, 2015
INTERNATIONAL. "Now, that multi-trillion-dollar money-pumping bubble, which overinflated equity markets, is quickly deflating. And so, too, are the economies and commodities pumped up with it."
INTERNATIONAL. Leaving them to their own devices is no longer a viable option as the continuation of the conflict is hazardous and potentially explosive. The resumption of bilateral peace negotiations with US mediation alone will not succeed any more than the Obama administration's two previous efforts.
dhgate