Categories: Business

Luxurious automaker Bentley had a report 12 months in 2020 when different automakers struggled

The 2020 Bentley Continental GT first edition

Mack Hogan | CNBC

Bentley Motors sold a record number of its luxury sedans and SUVs last year as the rest of the auto industry struggled to contain losses from the coronavirus pandemic, the 101-year-old automaker said Tuesday.

The Volkswagen-owned company sold 11,206 vehicles in 2020 – despite a seven-week closure of its plant in England during the height of the Covid-19 pandemic last spring. The company sold 11,006 cars in 2019.

Bentley sells some of the most expensive and rarest cars in the world. Its entry-level SUV, the Bentayga, starts at around $ 180,000 while its most exclusive model, the Mulliner Bacalar, sells for around $ 2 million.

Adrian Hallmark, Bentley CEO, said he was “cautiously optimistic” about business in 2021, “so much remains uncertain,” a press release said. He said last year’s sales record was a “strong gauge” of the company’s potential as it will evolve into an all-electric automaker by 2030.

Sales in America rose 4.2% and remained Bentley’s primary market in 2020. However, the growth resulted from a jump in sales of a whopping 48.5% in China. The two markets accounted for 53% of Bentley’s sales in 2020, according to the company. This offset the sales declines in the UK, Europe and the Middle East in 2020.

Jimmy Page

MV Telegraph Writer Jimmy Page has been writing for all these 37 years.

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