Bentley Reports Excellent Financial Results for 2012

Dr Wolfgang Schreiber, Bentley’s Chairman and CEO 1 photo
Photo: Bentley
The future is probably bright for you if you own a significant chunk of Bentley right now. The company has just revealed a really cool update for the Continental that should prove popular with older gentlemen and is preparing an SUV model… for Arab gentlemen.
But even without these two boosters, Bentley's sales in 2012 will blow you away. Bentley Motors today announces its financial results for the year ending 31 December 2012, reporting a significantly increased operating profit to EUR100.5 million, compared to just EUR8 million.

But even those hundreds of millions are but a drop in the ocean compared to the turnover, which increased 30% last year to EUR1.453 billion.

he company’s market share in the luxury segment rose by 4.9 percentage points to 20.1%, thanks to strong demand for the new V8s. The British company says we can expect more of the same this year, as they've seen demand grow by another 39.5% in the first two months of 2013.

“Our performance in 2012 and in the beginning of 2013 underlines Bentley’s position as the leading manufacturer of luxury vehicles and a truly global brand. Through sound investment and product planning, we now have our strongest model line-up ever and are increasing our market share," Dr Wolfgang Schreiber, Bentley’s Chairman and CEO said.

Bentley says its growth can also be attributed to the 16 new global dealers in 2012, taking the total number to 173 dealerships in 50 countries. This year, 40 more new Bentley showrooms will open around the world.

Who's buying so many Bentleys? Well… guys like this, unfortunately. That's about he only bad news we can think of.
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About the author: Mihnea Radu
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Mihnea's favorite cars have already been built, the so-called modern classics from the '80s and '90s. He also loves local car culture from all over the world, so don't be surprised to see him getting excited about weird Japanese imports, low-rider VWs out of Germany, replicas from Russia or LS swaps down in Florida.
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