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Bentley says 'emotional sensitivity' slowed sales in 2023

LONDON — 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 stabilized 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 level of emotional sensitivity that slowed down demand." For those who leased rather than bought cars with a starting pre-tax price above 220,000 euros ($238,590), interest rates had led to a tripling in monthly fees last year, Hallmark said. He said the launch of four high-performance hybrids this year should spur sales as the company gears up to launch its first fully electric Bentley in 2026. Bentley is aiming for an all-electric model lineup by 2030, but Hallmark said its hybrids were likely to be on sale after that deadline as the company seeks to ensure a return on its substantial investment. The luxury automaker in January reported an 11% drop in sales for 2023 following a record year in 2022. The British luxury unit of Volkswagen posted an operating profit of 589 million pounds ($748 million) for 2023, down nearly 17% from 708 million pounds in 2022. Revenue was down 13% at 2.94 billion pounds from a year earlier and the company said its profit margin dropped to 20.1% from 20.9% in 2022 because of investments in new vehicles. Earnings/Financials Green Bentley Luxury

This Bentley Bentayga takes fly fishing very seriously

Bentley's Mulliner coachbuilding division has put together a kit for what we assume are maybe three Bentayga drivers that enjoy fly fishing. As the company tells it, the kit packs everything a fisherman could need for a successful day on the river right in the big soft-roader's cargo hold. It's packaged in the only Bentley that has a chance of getting you to that river, too. Mulliner's upholstery and trim expertise is on full display – everything in the kit is either covered in saddle leather with white contrast stitching or finished in Burr walnut. The four leather-wrapped tubes on the underside of the tonneau cover house the fishing rods, while the master tackle box, refreshment case, and a box for stowing waders and boots sit on the cargo floor. Mulliner loaded down the tackle box with tools, cotton, hooks, and feathers to tie flies, and it includes four reel cases milled from solid aluminum. The refreshment case doesn't actually come with refreshments, but it does have three metal flasks and a set of china tableware, plus a food storage compartment. The tackle box and refreshment case both slide out for easy accessibility, and if an owner is short on seating, the entire housing can serve as a small bench. The waterproof storage compartment is removable, too, in case you need cargo space instead of pole storage. The best thing about this kit is the lengths Mulliner went to in order to keep the rear of the vehicle dry and fresh – the floor is waterproof and there's an electronic dehumidifier to keep things from smelling funky. Bentley didn't say when the fly fishing kit will be available, and because this is an ultra-exclusive luxury car, pricing wasn't published. Related Video: Featured Gallery Bentley Bentayga Fly Fishing by Mulliner View 9 Photos News Source: BentleyImage Credit: Bentley Bentley Crossover Luxury bentley bentayga Mulliner

What it's like to drive a brand-new, 92-year-old Bentley Blower

“Vivid” doesnÂ’t even begin to describe this; neither does “damn cold.” The throttle is pinned to the firewall, the needles behind the glass in the dashboardÂ’s 10 dials are twitching and dancing, the supercharger boost gauge is nailed to the lock stop, and the dark-green scuttle is shuddering with the ripples of the concrete banking. Think World War II airplane over the storm-tossed North Atlantic – I even slid a picture of my wife into my breast pocket this morning Â… IÂ’d be grinning, but the freezing blast over the leather-strapped bonnet gives me a rictus grimace. ThereÂ’s a lot to do in this 92-year-old supercharged Bentley as its fish-tail exhaust blares seal-honk indifference at a shoal of insignificant super cars fluttering in its wake; at 100 mph this is motoring at its zenith. They donÂ’t make ‘em like they used to and I used to think that was indubitably true of this car: Sir Henry ‘TimÂ’ BirkinÂ’s Blower Bentley. This was his favorite out of the five Blowers built at the Welwyn factory between 1929 and 1930. It was bankrolled by Dorothy Paget, the Whitney family heiress, and serial race-horse owner and gambler. How famous? This car, known as Number Two, was entered in the 1930 Le Mans 24-hour race. Birkin drove it like a bat out of hell in the initial stages of the race with the tacit approval of the Bentley factory, which had entered a team of "6 1/2 litre" naturally aspirated cars and was looking for its fourth-consecutive Le Mans victory and the marqueÂ’s fifth overall. They used Birkin and this lovely old machine as “the hare,” testing the potential and reliability of the astonishing Mercedes-Benz works supercharged, 7-liter SSK driven by Rudolf ‘RudiÂ’ Caracciola (ironically Paget also owned one of these rare and exotic beasts). The fast and courageous Birkin was sent out to poke a stick at the German ace – it was like poking a waspsÂ’ nest. Twice Birkin overtook Caracciola at over 120 mph at the end of the Mulsanne/Hunaudieres straight, with one wheel on the grass and the rear tire down to its canvas. By all accounts Caracciola was so startled simply because he couldnÂ’t believe that anyone would be actually overtaking him. Legend has it that in pursuing Birkin, Rudi Caracciola damaged the engine by over using the supercharger, which could be clutched in and out, but the truth is more nuanced. Birkin drove his car so hard he twice lost a tireÂ’s tread and had to pit early.