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Welcome to New Russia ![]() ![]() While economic uncertainty is putting a dent in the luxury car market in many countries, Russian buyers are still snapping up prestige Bentleys. The British car-maker is so confident of the Russian market, it’s has drawn up ambitions plans for its expansion. Last year was the best year on record for Bentley, with the company boasting 10,000 sales worldwide. But this year's global financial turmoil has hit the spending of even the super-rich in many markets. Bentley says that this year the number of those willing to spend six-figure sums on transport is declining, but not in Russia, where the amount of wealthy individuals is growing rapidly, and luxury brands are in strong demand. The company says Russia has already become its second-largest market in Europe after Germany. In 2007 Bentley sold 240 cars in Russia and plans to double sales in the next couple of years, as it opens new dealerships around the country. “In two to three years we’re going to have at least five dealerships. The next step will be opening after-sales points in Krasnodar, Ekaterinburg, Novosibirsk and Rostov-on-Don.” ![]() ![]() ![]() |
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Wanna do biz with Russia, Oregon Elephant? |
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I could be wrong, but isn't Bentley owned by Volkswagen ? If so the money is going to Germany.
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Viva Fidel If there ever was in the history of humanity an enemy who was truly universal, an enemy whose acts and moves trouble the entire world, threaten the entire world, attack the entire world in any way or another, that real and really universal enemy is precisely Yankee imperialism They talk about the failure of socialism but where is the success of capitalism in Africa, Asia and Latin America? |
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Close, it is 100% owned by Audi (also German), however the Bentley cars are produced in britian (all it's employees are there) and it's headquarters (and so it's CEOs and President) are in Britian also, so just about all the money is going there (the rest of the profits go to the stock holders wherever they may be).
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Set your destination with your heart, get there with your mind. "The wisest men follow their own direction." - Euripides |
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I remember reading an article in some american magazine about the sale of RR to VW. From Wiki: Bentley Motors Limited is an English manufacturer of luxury automobiles and Grand Tourers. Bentley Motors was founded in England on January 18, 1919 by Walter Owen Bentley, known as W.O. Bentley or just "W.O." (1888–1971). He was previously known for his successful range of rotary aero-engines in World War I, the most famous being the Bentley BR1 as used in later versions of the Sopwith Camel. Since 1998 the company has been owned by the Volkswagen Group. In 1998, Rolls-Royce and Bentley Motors were purchased from Vickers (its owner since 1980) by Volkswagen Group for £430 million, after bidding against BMW. BMW had recently started supplying components for the new range of cars, notably V8 engines for the Bentley Arnage and V12 engines for the Rolls-Royce Silver Seraph. The Rolls-Royce name was not included in VW's purchase; it was instead licensed to BMW (for £40 million) by the Rolls-Royce aero engine company. BMW and Volkswagen came to an agreement whereby Volkswagen would manufacture both Bentley and Rolls-Royce cars until the end of 2002, whereupon the right to build Rolls-Royce cars would be BMW's alone. During this period, Volkswagen reduced its reliance on BMW as a supplier: as of 2003, BMW engines are no longer used in Bentley cars. Wikimedia Bentley Motors Limited Quote:
Last edited by New Governor Of Alaska : 05-02-2008 at 12:18 PM. |
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I'm sure the British CEO's get paid something in the form of a paycheck. The owners make all their money via the stock as it is a publicly traded company. And the stock is owned by anyone who wants it.
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Set your destination with your heart, get there with your mind. "The wisest men follow their own direction." - Euripides |
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