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Bentley sees signs of revival in luxury car class

Bentley sees signs of revival in luxury car class

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Good news from Bentley:

British carmaker Bentley, owned by Volkswagen, is seeing some signs of revival in the super luxury vehicle segment and expects sales of premium cars to improve next year, one of its top executives said on Friday. “We can see some movement. There is some activity going on,” said Christophe Georges, chief operating officer of the Americas division. “We expect the last part of this year to be a little better.” He added, “2010 should be the start of a new business cycle.” Georges, who spoke on the sidelines of a media event, was in San Francisco to unveil the iconic British manufacturer’s new flagship model Mulsanne. The new sedan will replace the Arnage, which starts at about $225,000. The Mulsanne, aimed at the super-wealthy, will go on sale in Europe next summer and will make its debut in the U.S. market in third quarter of 2010. It will also be displayed at the Frankfurt Motor Show next week. – from Reuters