It’s been a big week for Bentley Motors, the Crewe-based Volkswagen subsidiary, who announced record profits of £139.7 million for 2013 this week, a 67% increase on 2012 figures. Increased demand from the U.S. and China helped fuel trade and saw them ship over 10,000 luxury cars last year.
They also released a teaser pic (above) of their planned SUV, Bentley’s first foray into the sports utility market, which is scheduled for release in 2016. The price tag should easily top the £140,000 mark and the company hopes it will fuel a projected 50% increase in deliveries by 2018.
“It will create a completely new segment in the SUV market,” Schreiber said. “It will be the most luxurious and powerful SUV.” – Dr Wolfgang Schreiber, Chairman and CEO of Bentley.
Bentley news boosts British manufacturing
In a boost for British car manufacturing, it was also announced this week that all of Volkswagen’s W12 engines will be produced in Britain going forward, creating 100 new jobs at their Crewe headquarters. Up to 9000 engines will be produced a year and means Bentley will be exporting engines abroad for the very first time.
“With more than four out of every five cars made in the UK exported to the rest of the world, the news that Bentley will now export engines as well is another feather in their cap.” – Vince Cable, Business Secretary.