1 in 4 Bentleys in the World is Sold in China

An interesting stat that marks the rise of the wealthy in China compared to US and UK.

About one in four Bentley vehicles were sold in the Chinese market in 2012, British luxury car maker Bentley Motors announced on Tuesday.

According to the financial results Bentley announced in London, the company achieved a year-on-year global growth of 22 percent with 8510 cars delivered to customers in 2012.

The United States remained Bentley’s largest market, with 2457 sales in 2012. China kept the title of the second largest market for Bentley, with 2253 deliveries, up by 23 percent compared with 2011. Britain ranked third with 1187 cars delivered.

“Our performance in 2012 and in the beginning of 2013 underlines Bentley’s position as the leading manufacturer of luxury vehicles and a truly global brand. Through sound investment and product planning, we now have our strongest model line-up ever and are increasing our market share,” said Wolfgang Schreiber, Bentley’s Chairman and CEO.

Bentley also made a strong start from the beginning of this year. Deliveries to customers grew by 39.5 percent in the first two months of 2013.

via Xinhua

This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.

Alfonso Esparza

Alfonso Esparza

Senior Currency Analyst at Market Pulse
Alfonso Esparza specializes in macro forex strategies for North American and major currency pairs. Upon joining OANDA in 2007, Alfonso Esparza established the MarketPulseFX blog and he has since written extensively about central banks and global economic and political trends. Alfonso has also worked as a professional currency trader focused on North America and emerging markets. He has been published by The MarketWatch, Reuters, the Wall Street Journal and The Globe and Mail, and he also appears regularly as a guest commentator on networks including Bloomberg and BNN. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.
Alfonso Esparza