Reducing Activities: company scaling back some business operations while continuing others
Stay Scaling Back
Bentley Motors Ltd. is a British automotive company specializing in the production of luxury cars.
Reducing Activities: company scaling back some business operations while continuing others
Stay Scaling BackDespite the decline in the Russian car market, demand for luxury cars has grown sharply, in particular, for Rolls-Royce and Ferrari. The leader of the premium segment was the Rolls-Royce brand - 100 cars were sold in six months, which is 56% more than a year earlier. Bentley took second place with 90 cars sold (+4%), followed by Lamborghini (72 units, -5%), Ferrari (43 units, +115%), Aston Martin (11 units, +83%) and Maserati (4 units, -75%). Despite the fact that official deliveries of luxury brands to Russia were stopped in 2022, cars continue to enter the country through parallel imports.
Parent company: Volkswagen Group - suspended all shipments to Russia. Cars from British manufacturers, including Rolls-Royce and Bentley, are still coming to Russia despite sanctions imposed over the war in Ukraine. Elite cars are imported, bypassing restrictions, through third countries, mainly through Azerbaijan.