Bentley: What the successful RGF bid means for us

Carmaker Bentley has won one of the 119 successful bids for regional growth fund money announced today. Chairman and chief executive Wolfgang Dürheimer explains what it means for the company:

"This is a real boost for Bentley which has one of the most highly skilled automotive workforces in the country and, uniquely, has now been awarded two RGF grants.

"It shows that the government recognises the importance of Bentley and the contribution we make to high value manufacturing and UK exports.

"Our customers expect the very best in terms of exclusivity, technology, quality and engineering excellence which requires significant ongoing investment in R&D.

"This is why we retain such a strong engineering capability exclusively for Bentley here in the UK. This grant will help safeguard those operations as we look to develop new powertrains which appeal to new markets and new customers."