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Bentley to build SUV in Crewe Bentley to build SUV in Crewe
(35 minutes later)
Bentley Motors is to build its first sports utility vehicle, creating 1,000 UK jobs and driving £800m of investment at its Crewe plant.Bentley Motors is to build its first sports utility vehicle, creating 1,000 UK jobs and driving £800m of investment at its Crewe plant.
The luxury car manufacturer, owned by Germany's Volkswagen Group, said the 185mph 4x4 would go on sale from 2016.The luxury car manufacturer, owned by Germany's Volkswagen Group, said the 185mph 4x4 would go on sale from 2016.
It is likely to be priced at the top end of the SUV market, with a price tag of around £150,000. The prime minister, David Cameron, said the investment and job creation was good news both for the town and the UK as a whole.It is likely to be priced at the top end of the SUV market, with a price tag of around £150,000. The prime minister, David Cameron, said the investment and job creation was good news both for the town and the UK as a whole.
"It is another important milestone in strengthening our economy. One sector that we know is sprinting ahead in the global race is our booming automotive industry," he said, speaking at Bentley's Crewe facility on Tuesday."It is another important milestone in strengthening our economy. One sector that we know is sprinting ahead in the global race is our booming automotive industry," he said, speaking at Bentley's Crewe facility on Tuesday.
Cameron added that the investment would also increase training opportunities for skilled apprentices. Of the 1,000 jobs to be created, 400 will be directly employed by Bentley at Crewe, with the balance representing the knock-on effect in the supply chain. The company employs 4,000 people at Crewe, where operations include design, research and development, engineering and production.Cameron added that the investment would also increase training opportunities for skilled apprentices. Of the 1,000 jobs to be created, 400 will be directly employed by Bentley at Crewe, with the balance representing the knock-on effect in the supply chain. The company employs 4,000 people at Crewe, where operations include design, research and development, engineering and production.
Volkswagen's chairman Dr Martin Winterkorn reiterated the group's commitment to manufacturing in the UK, describing it as "a competitive location for industrial production". Volkswagen's chairman, Dr Martin Winterkorn, reiterated the group's commitment to manufacturing in the UK, describing it as "a competitive location for industrial production".
The UK car industry has been held up by ministers as a poster child for manufacturing and exports, as the government seeks to rebalance the economy away from debt-fuelled spending and towards overseas trade. The luxury end of the market has been more resilient while sales among the volume manufacturers have been hit hard by waning demand in Europe amid the financial crisis.The UK car industry has been held up by ministers as a poster child for manufacturing and exports, as the government seeks to rebalance the economy away from debt-fuelled spending and towards overseas trade. The luxury end of the market has been more resilient while sales among the volume manufacturers have been hit hard by waning demand in Europe amid the financial crisis.
Exports at Bentley totalled £1bn in 2012, andfour-out-of-five cars that it makes in the UK are sold overseas. The company said the new model would be the most luxurious and powerful SUV in the market, and that it had received a positive response from customers over the last 16 months. Exports at Bentley totalled £1bn in 2012, and four-out-of-five cars that it makes in the UK are sold overseas. The company said the new model would be the most luxurious and powerful SUV in the market, and that it had received a positive response from customers over the last 16 months.
Bentley first showcased a concept SUV model at the 2012 Geneva Motor Show, before taking it to overseas markets including the US, China and European countries to gain feedback. The company has made design changes as a result of the process.Bentley first showcased a concept SUV model at the 2012 Geneva Motor Show, before taking it to overseas markets including the US, China and European countries to gain feedback. The company has made design changes as a result of the process.
Chairman and chief executive Dr Wolfgang Schreiber said the model would leverage the success of the global SUV market and "ensure sustainable growth for the company". Bentley's chairman and chief executive, Dr Wolfgang Schreiber, said the model would leverage the success of the global SUV market and "ensure sustainable growth for the company".
Bentley deliveries rose 9% to 4,279 cars in the first half of the year, with the Americas remaining its largest market. Sales rose in all its major markets except China, where deliveries dropped by 23% to 817 cars. The car maker said this reflected anticipation of the new Flying Spur, the top selling Bentley in China, which becomes available later this year. Bentley deliveries rose 9% to 4,279 cars in the first half of the year, with the Americas remaining its largest market. Sales rose in all its major markets except China, where deliveries dropped by 23% to 817 cars. The carmaker said this reflected anticipation of the new Flying Spur, the top selling Bentley in China, which becomes available later this year.