RE: Bentley On The Up
RE: Bentley On The Up
Saturday 27th October 2007

Bentley On The Up

Bentley enjoys profits increase


It's a hard life being a WAG
It's a hard life being a WAG
Premiership footballers must have been splashing the cash recently as Bentley has reported an increase in sales volume, revenue and operating profit.

Turnover in the period January to September 2007 increased to more than €1 billion, an improvement of 19.3% over the same period last year.

Worldwide sales of Bentleys to the end of the third quarter were over 7,800 cars, up around 19% on the same period last year.

The big boost to sales was emerging markets like China, up by around 72%, while there was continued success in the UK and Europe.

The demand for Bentleys was spearheaded by the success of the Continental GTC convertible.

Sales of the flagship Arnage and Azure range increased by 75% year-on-year, fuelled by the success of the new Azure convertible.

‘Our continuing strong product-led performance in the third quarter means that Bentley is on track for a fourth consecutive year of growth in worldwide sales and profitability,’ said Stuart McCullough, Bentley’s Member of the Board, Sales and Marketing.

Author
Discussion

aaronc

Original Poster:

214 posts

243 months

Saturday 27th October 2007
quotequote all
I would say Dubai UAE is a contributing factor to Bently's increase in turnover as apposed to footballers. They're everywhere out there.

mrcosmos

570 posts

234 months

Saturday 27th October 2007
quotequote all
As a skilled auto electrician at Bentley on a little over £19k gross[approx £15k net]its hardly no wonder such profits are being made with such shite pay.Why don't the journalists report the other side of the coin? 2% pay rises and a large number of employees on FAMILY CREDIT.Best kept quiet?

Edited by mrcosmos on Saturday 27th October 20:52

G4HKS

2,673 posts

242 months

Saturday 27th October 2007
quotequote all
Maybe with all the profits being made at Bentley, all employees will get a £3000 pay out next year like Porsche gave to their workers. There again pigs might fly.....

IL TORO FURIOSO

452 posts

223 months

Saturday 27th October 2007
quotequote all
mrcosmos said:
As a skilled auto electrician at Bentley on a little over £19k gross[approx £15k net]its hardley no wonder such profits are being made with such shite pay.Why don't the journalists report the other side of the coin? 2% pay rises and a large number of employees on FAMILY CREDIT.Best kept quiet?
I totally agree they should point out what is happening behind the scenes, as alot of the time there is someone suffering. Take away Bentley's workforce and there would be no bentley, no increased profits etc.

They should show there gratitude at ground level where all the work happens.

ph123

1,841 posts

241 months

Saturday 27th October 2007
quotequote all
and why does Oli S have to come up with that WAGS reference again? Cheap journalistic crap imho.

stuartbuckell

3,651 posts

249 months

Saturday 27th October 2007
quotequote all
It's sad when the people who create the cars never have a chance to own them, if they pay them that little amount.

Typical corporate environment i'm afraid.

BG

42,554 posts

271 months

Saturday 27th October 2007
quotequote all
Article said:
Sales of the flagship Arnage and Azure range increased by 75% year-on-year
This is great news. Churning out the VW thingies ten to the dozen means that they can indulge themselves with the old school stuff and interest is returning.

The latest Brooklands Coupe cloud9

Sorry to hear that the regular workers aren't on a decent crack, the sums mentioned sound less than your typical car worker at say Toyota at Derby. Ironic considering the VW thingies are made just like normal cars using TPS and even the same Yazaki flow racks & poke yoke etc.

I expect the Mulliner chaps are still paid in woodbines and have numerous tea & biscuit breaks to stand back and consider their handiwork, brown coated with a steaming mug hehe

Balmoral Green

42,554 posts

271 months

Saturday 27th October 2007
quotequote all
mrcosmos, I see from your profile that you've been at Crewe since 1988, I bet you built some of my car, a 1990 Turbo R.

Good work thumbup

I know that all of us that own & drive the cars really appreciate the workforce more than anything.

mrcosmos

570 posts

234 months

Saturday 27th October 2007
quotequote all
Hi,yep probably built and rectified that one.Beautiful car.The good old days of pride and passion.Then it was 65 cars a week,Bentley eights,Brooklands,Turbo Rs+RLs,RollsRoyce SilverSpirits and Spurs.Hope it is still excellent.

Edited by mrcosmos on Saturday 27th October 18:42

Mattt

16,664 posts

241 months

Saturday 27th October 2007
quotequote all
mrcosmos said:
Yep,sadly a lot of us long standing employees would be long gone but we are lucky enough to still have a good final salary pension.I feel sorry for the hundreds of unskilled employees from agencies building Bentleys on worse than shite pay [oops,there's a can of worms].You won't read that in the auto mags!
To be fair, you could be talking about any business. Car magazines report cars, not finance and internal structure (although this is a bad example laugh).

There are always other jobs out there, if people are that disgruntled, they should vote with their feet.

Pwig

12,001 posts

293 months

Saturday 27th October 2007
quotequote all
mrcosmos said:
As a skilled auto electrician at Bentley on a little over £19k gross[approx £15k net]its hardly no wonder such profits are being made with such shite pay.Why don't the journalists report the other side of the coin? 2% pay rises and a large number of employees on FAMILY CREDIT.Best kept quiet?

Edited by mrcosmos on Saturday 27th October 20:52
Why not get a new job?

Trenchtown

147 posts

242 months

Sunday 28th October 2007
quotequote all
mrcosmos said:
As a skilled auto electrician at Bentley on a little over £19k gross[approx £15k net]its hardly no wonder such profits are being made with such shite pay.Why don't the journalists report the other side of the coin? 2% pay rises and a large number of employees on FAMILY CREDIT.Best kept quiet?

Edited by mrcosmos on Saturday 27th October 20:52
Perhaps you should stop blaming others for your wage and do something about your market value...

peter450

1,650 posts

256 months

Sunday 28th October 2007
quotequote all
No wonder there's no sense of fair play anymore, when all we have now is a dog eat dog mentality where there is no empathy, for others as long as i'm alright jack.

The guy has worked there for 20 years, you'd think considering the record profits long standing employee's would get some kind of bonus




Balmoral Green

42,554 posts

271 months

Sunday 28th October 2007
quotequote all
"Herauf die Arbeiter, Kameraden!"

mrcosmos

570 posts

234 months

Sunday 28th October 2007
quotequote all
Ah yes,the bonus,£500 BEFORE tax,which was due to be paid in January because we have made all the 10,000 cars required but have been told it may be withdrawn because attendance is only 97.3% and not 97.8%.

Edited by mrcosmos on Sunday 28th October 14:07

agent006

12,058 posts

287 months

Sunday 28th October 2007
quotequote all
Why are you compaining about a £500 bonus and 2% payrise? I'm not being shirty here, i genuinely don't understand. It's far more than i've had in any job.

skwdenyer

18,519 posts

263 months

Monday 29th October 2007
quotequote all
agent006 said:
Why are you compaining about a £500 bonus and 2% payrise? I'm not being shirty here, i genuinely don't understand. It's far more than i've had in any job.
Well, perhaps because UK average earnings are between £20k and £40k depending upon where you live, so as a skilled worker he feels he's entitled to at least that? (much debate can be prompted by that point...)

Perhaps because the real cost of living is going up far faster than 2% a year, so his wage is going down in real terms?

Perhaps because his employer made record profits?

If you, agent006, have never had as big a pay rise then either (a) your pay has declined in real terms throughout your working life, or (b) you've continually job-shopped to achieve pay rises. Assuming you're not just 26 or so and started off as a dot-com millionaire only to see your pay decline every year since then, then you've had to move jobs a lot. That is your right, and frankly I think a highly-mobile workforce (and easier firing / redundancy to go with it) is a desirable thing for the UK economy. But equally the OP works for a company of "craftsmen" who trade heavily on the long-term continuity of their workforce. It is therefore reasonable for us to be slightly taken-aback that Bentley don't see fit to at least ensure their workers can buy the same things this year as they did last year.

If the OP was there 20 years ago, he's served his time through the lean years and the lack of profits, making cars whose influence and reputation directly led VW to buy and invest and, now, reap record profits from Bentley. I agree this is something the motoring press ought to "out".

Hendry

1,945 posts

305 months

Monday 29th October 2007
quotequote all

I am with the chap who works at Bentley on this and shame on those peddling the "get another job" claptrap - this guy has a skill and one that is essential to the continuation of car production in the country. One would have thought that VW could find their way to ensuring the people who have helped to get Bentley to where it is were enjoying some of the benefits of success as well.


Agoogy

7,274 posts

271 months

Monday 29th October 2007
quotequote all
Does or should Bentley want or need 'growth' then?

Shouldn't someone be keeping a watchful eye on the clientèle and ubiquity?

mrcosmos

570 posts

234 months

Monday 29th October 2007
quotequote all
Thanks for the positive replys.There are a lot of us with 20 to 30 years devotion to Bentley.We have remained loyal when we could have jumped ship[we have considerable skills and qualifications to work anywhere].We remained loyal when the company crashed in 1990,worked a 3 day week,pay cuts,pay freezes.Just like TVR we were passionate about what we did.If you have never done it you would not understand.All we want is now the company is one of the most profitable in the country is a better reward for our hard work and commitment. 1.5 billion profit in 3 years does not equate to 2.5% pay rises.

Edited by mrcosmos on Monday 29th October 13:14