Published 2 months ago

Bentley looks to launches after ’emotional sensitivity’ slowed car sales

Summary by Ground News

British luxury carmaker Bentley reported a lower operating profit for 2023. Weak economy and high interest rates hit sales, but the company said its performance had stabilised and new launches would boost it in 2024. CEO Adrian Hallmark said interest rates had led to a tripling in monthly fees last year.

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WTVB

Bentley looks to launches after ’emotional sensitivity’ slowed car sales

By Nick Carey LONDON (Reuters) – British luxury carmaker Bentley on Tuesday reported a lower operating profit for 2023 after a weak economy and high interest rates hit sales, but the company said its performance had stabilised and new launches would boost it in 2024. “We had an uneven performance for the first time in about four years,” CEO Adrian Hallmark told reporters. “Even though our customers can still afford our cars… there was a leve…

2 months ago

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Jalopnik

Bentley Blames ‘Emotional Sensitivity’ For Slow Sales

Good morning! It’s Tuesday, March 19, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know.Read more...

2 months ago

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