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Bentley Cuts 275 Jobs Amid Profit Plunge and EV Shift

3/17/2026

40 9 Full Breakdown

Summary

Story summary

Bentley Motors (the luxury carmaker owned by Volkswagen) will cut 275 UK jobs, reducing its workforce by 6%.
Bentley reported a 42% drop in annual operating profit to €216 million in 2025, blamed on US tariffs, currency changes, and weaker China sales.
Bentley plans to launch its first all-electric model, but notes limited demand.
Porsche AG and Lamborghini have scaled back EV strategies, with Lamborghini focusing on plug-in hybrids.

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Story summary

Bentley Motors (the luxury carmaker owned by Volkswagen) will cut 275 UK jobs, reducing its workforce by 6%.
Bentley reported a 42% drop in annual operating profit to €216 million in 2025, blamed on US tariffs, currency changes, and weaker China sales.
Bentley plans to launch its first all-electric model, but notes limited demand.
Porsche AG and Lamborghini have scaled back EV strategies, with Lamborghini focusing on plug-in hybrids.