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Bentley CEO: Rich People Felt Bad About Showing Off, Causing Drop in Sales

The Truth About Cars

People who buy cars from brands like Bentley aren’t generally concerned with things like recessions and the opinions of the masses, but the automaker thinks its customers are buying fewer expensive cars because they feel bad about showing off. Image: Bentley] Become a& TTAC insider.

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Bentley CEO Jumps Ship for Aston Martin

The Truth About Cars

Bentley's former CEO Adrian Hallmark has broken with the company after making remarks that sales were down due to wealthy people buying fewer luxury products over concerns that it might upset poorer people living in those markets. Bentley issued a surprise announcement that its longtime CEO had asked to leave the company just three days ago.

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Imported Audi, Porsche, and Bentley Models Held Back Over Forced Labor Allegations

The Truth About Cars

While the impacted automakers include Porsche, Bentley and Audi, we’ve seen plenty of brands being accused of leveraging forced labor in the Xinjiang region of China, where the country is said to have forcibly concentrated the Uyghur ethnic minority. ports for allegedly violating the Uyghur Forced Labor Prevention Act (UFLPA). custom laws.

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VW Is Shifting EV Investment Dollars to Fund Further ICE Development

The Truth About Cars

Bentley has delayed its 2030 goal to go EV-only by three years, and VW’s move shows that the combustion engine will live on longer than originally planned, even in EV-friendly Europe. Some VW-owned brands are watching sustainable fuels, with Porsche operating an e-fuel facility in South America.

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Cadillac's New Electric V-Series Concept is Far From a Silent EV

The Truth About Cars

While the Lyriq is a somewhat traditional premium electric vehicle, the Celestiq pits the Cadillac name head to head with luxury heavyweights Rolls-Royce and Bentley. Cadillac currently sells two EVs, the Lyriq SUV and the Celestiq sedan. The brand doesn’t currently offer a performance EV, but hot sedans are nothing new to the company.

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Genesis And Lucid Rumored To Join Forces On EV

The Truth About Cars

That's the droptop company execs reportedly previewed to dealers in January 2023 with Bentley in its sights. SJ says Genesis is aiming to release the production version of the Genesis X Convertible Concept onto the market by 2026.

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2025 Cadillac Optiq Debuts As Compact Luxury Electric For The Whole World

The Truth About Cars

I guess you have to spend Bentley money to get a vehicle with real wood anymore. However, Cadillac didn’t mention any and instead boasted about how the cloth seats were woven from yarn made from 100-percent recycled materials and that the “PaperWood veneer” is made up of equal parts of tulip wood and recycled newspaper.