Photograph: Bentley/PA
The boss of Bentley has warned the carmaker would pass on the costs of threatened US tariffs to buyers, as the British luxury car brand reported a drop in profits because of weaker demand from China.
The brand, owned by Germany’s Volkswagen, on Wednesday reported an operating profit of €373m (£314m) in 2024, the fourth-highest in the company’s 105-year history. However, that was down more than a third from €589m the year before.