Exports Lift U.K. Luxury Car Industry


Exports Lift U.K. Luxury Car Industry

 

(Wall Street Journal) Booming demand for Jaguars, Bentleys and Rolls-Royce luxury sedans is fueling a recovery in the British auto industry.

 

Global demand for pricey cars and sport utilities made in the U.K. has rebounded strongly under their now mostly non-British parents, which revitalized the brands through multibillion-dollar investments in new models and U.K. production.

 

Bentley Motor Cars, now owned by Germany's Volkswagen AG, says it is investing more than £800 million ($1.2 billion) to build a new luxury sport-utility vehicle at Crewe in northwest England, creating 1,000 new jobs.

 
Read the rest of this story at The Wall Street Journal.

No comments:

Post a Comment