Bentley profit falls on weak China demand Transport and infrastructure Bentley Motors has reported a drop in profit and revenue as its boss flagged weaker demand in China. The luxury carmaker, which is owned by Volkswagen, posted an annual operating profit of €373m (£314m) and revenue of €2.6bn (2.2bn). While the profit haul marked the sixth highest in Bentley’s history, it was down more than [...]
Why Porsche can’t rely on the iconic 911 any longer Automotive Porsche is at the starting line of a major transition year with the launch of a range of new models. Here's why it can't rely on the iconic 911 any longer.
Volkswagen ‘not satsified’ with profits as hedging losses bite Automotive Arno Antlitz, Volkswagen's chief financial officer, said the company was on a "robust course and had again increased sales volumes and revenues in the third quarter".