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Luxury carmaker Bentley reports a second consecutive year of record sales as other automakers struggle

A Bentley PHEV Mulliner automobile is shown through the 19th Shanghai Intercontinental Auto Business Exhibition, also acknowledged as Automobile Shanghai 2021, at National Exhibition and Convention Centre (Shanghai) on April 23, 2021 in Shanghai, China.

Zhe Ji | Getty Photographs

Bentley Motors bought a document quantity of its luxury sedans and SUVs previous 12 months as significantly of the mainstream automotive marketplace struggled with supply chain concerns, the 102-calendar year-aged carmaker reported Thursday.

The Volkswagen-owned enterprise described revenue of 14,659 cars final year, a 31% enhance in excess of the company’s past product sales document of 11,206 autos and SUVs in 2020.

Bentley attributed the profits results to new versions, which includes hybrids, as properly as the company’s “Beyond 100” organization plan that involves transitioning the famed carmaker to be thoroughly electric powered by 2030.

“2021 was still one more year of unpredictability while I am delighted to be in a position to affirm that we overcame sizeable headwinds, and produce a breakthrough in our profits efficiency,” Bentley CEO Adrian Hallmark stated in a launch. “This is our second history profits year in the successive many years and is a positive sign of our manufacturer energy, operational excellence, strong world demand and affirmation of our strategic priorities.”

Sales in the Americas rose by 39% and remained Bentley’s top rated current market in 2021, while gross sales in China amplified 40%. Profits in other markets this sort of as Europe, Asia Pacific (excluding China) and the Middle East also enhanced.

Bentley sells some of the most high-priced and exceptional autos in the environment. Its entry-level SUV, the Bentayga, starts at a lot more than $180,000, although its unique “coachbuilt” versions these kinds of as the Mulliner Bacalar market for $2 million.

Bentley’s history profits transpired even though significantly of the global automotive market struggled with offer chain issues. Most notably, an ongoing scarcity of semiconductor chips.

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