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UK luxury carmaker Bentley suffers 11pc fall in annual sales

BERNAMA – Bentley’s global sales fell by 11 per cent last year due to “challenging market conditions”, reported German Press Agency, (dpa), quoting an announcement by the United Kingdom (UK)-based luxury car maker.

The Crewe-based company said it delivered 13,560 cars in 2023, compared with 15,174 during the previous 12 months.

The decline was driven by a 18-per-cent decreases in sales to both the UK and China.

Despite the year-on-year fall, 2023 was still the manufacturer’s third best year for sales.

Bentley, owned by the Volkswagen Group, also said customers were “increasingly attracted to higher revenue models” such as the Azure, S and Speed, which made up a combined 70 per cent of total sales, compared with 30 per cent in 2022.

The company has previously stated it is focusing on the profit it makes from each sale rather than chasing volume.

PHOTO: AFP
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