Luxury car maker expects to overcome challenges and post record sales, with new models planned through to 2025.

Bentley chief eyes record recovery

Bentley chief eyes record recovery

by Steve Cropley

21 February 2019

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Bentley, recently hit by what chairman and CEO Adrian Hallmark describes as “a perfect storm” of loss-inducing business reverses, believes it’s now on the road to recovery and can – Brexit allowing – score an all-time sales record next year.

Despite being hit by WLTP-related internal production delays that prevented expected launches of the new Continental GT in the US and China, which together account for just under 50% of Bentley’s business, the company still scored impressively high sales of 10,494 in 2018. It will start selling the GT in both countries by mid-year, and Hallmark says it could sell around 12,000 cars in 2020, with the recovery plan, which is backed by Volkswagen Group chiefs, already running ahead of forecasts.

Bentley faces five major challenges between now and 2025, Hallmark believes. The first, this year, is to complete its planned recovery. Next year’s is to “achieve the solid growth we’ve earned”. After that, it must diversify its range with a promised hybrid version of each model and a series of spin-offs similar to the recently announced Bentayga Speed.

Bentley chief eyes record recovery

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By 2023, it must implement an efficient plan for meeting the fast-approaching Euro 7 regulations, aimed at further reducing real-world emissions of particulates and NOx from petrol engines. And by 2025, it must be looking to launch its first battery electric vehicle (BEV), a move made possible by then, Hallmark believes, by approaching Group decisions about future common body-chassis architecture and anticipated developments in battery efficiency to suit Bentley’s bigger, heavier applications.

For now, Bentley is undecided about whether its first BEV should be a new model (a more compact Bentayga-style model has been rumoured) or an adapted existing model. In the meantime, the company is working on a replacement for the Continental-based Flying Spur saloon for 2020-21 (which might get a new name) and developing a plan for its larger, flagship Mulsanne saloon.

One proposal for the latter, which sells a modest but profitable 450 units a year but seems unlikely to participate in the hybridisation programme, would be simply to redesign it and extend its life.

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Comments

1

sevensixty

Oh really?

21 February 2019

Hmm,

This sounds like Bentley’s PR team scrambled to do a recovery here. Adrian Hallmark had been remarkably frank a few weeks ago in the press that it was “or else” for Bentley and one assumes for him that things needed to turn around and they weren’t going well. But, tah-dah – here we are weeks later and miraculously the “recovery” is ahead of schedule. Well done to Bentley’s PR but less so for the press and those of us that belive this.

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