Advertisement
UK markets close in 8 hours 22 minutes
  • FTSE 100

    8,040.38
    0.00 (0.00%)
     
  • FTSE 250

    19,719.37
    0.00 (0.00%)
     
  • AIM

    754.69
    0.00 (0.00%)
     
  • GBP/EUR

    1.1658
    +0.0013 (+0.11%)
     
  • GBP/USD

    1.2493
    +0.0030 (+0.24%)
     
  • Bitcoin GBP

    51,454.57
    -1,987.60 (-3.72%)
     
  • CMC Crypto 200

    1,389.72
    +7.15 (+0.52%)
     
  • S&P 500

    5,071.63
    +1.08 (+0.02%)
     
  • DOW

    38,460.92
    -42.77 (-0.11%)
     
  • CRUDE OIL

    83.06
    +0.25 (+0.30%)
     
  • GOLD FUTURES

    2,334.20
    -4.20 (-0.18%)
     
  • NIKKEI 225

    37,628.48
    -831.60 (-2.16%)
     
  • HANG SENG

    17,273.65
    +72.38 (+0.42%)
     
  • DAX

    18,088.70
    -48.95 (-0.27%)
     
  • CAC 40

    8,091.86
    -13.92 (-0.17%)
     

Chinese buyers help push Bentley orders up by 50%, CEO says

89th Geneva International Motor Show in Geneva

LONDON (Reuters) - Bentley began the year with 50% more orders than the start of last year and built more luxury cars in January than the same time in 2020 as China boosted demand despite challenges from the pandemic, its boss told Reuters on Wednesday.

The Volkswagen-owned brand said it had not faced major disruption from Britain's exit from the European Union nor from a shortage of semi-conductor chips, which has forced some automakers to halt or reduce production.

Based in Crewe, northern England, the over century-old marque made a small profit in 2020, when its factory was forced to close as Britain entered its first national lockdown, and hopes to build on that this year.

"The order bank at the beginning of this year was 50% higher than it was at the beginning of last year," Chief Executive Adrian Hallmark said in an interview.

ADVERTISEMENT

"China, by far, is the most outstanding performance in the world in respect of level of orders compared with normal expectations."

The firm sold 11,206 cars in 2020.

(Reporting by Costas Pitas; Editing by Kate Holton)