Luxury car-maker Bentley could cut 1,000 jobs as it faces a tough market beset by the coronavirus pandemic.
Voluntary redundancies are to be offered to about a quarter of Bentley’s staff and the firm is expected to confirm the move later on Friday.
It comes just weeks after the manufacturer, which was founded in north London in 1919 and is now owned by Volkswagen, resumed production at its headquarters in Crewe.
Some 1,700 workers returned to the site on May 11, with Bentley predicting at the time the remainder of its workforce would return by the middle of June.
The reported cuts follow Aston Martin revealing on Thursday it plans to slash up to 500 jobs as part of a major restructure.
Aston Martin said the restructuring is expected to cost around £12 million. However, it added the strategy is intended to deliver £10 million in operating cost savings each year.
Meanwhile, car dealership Lookers has announced it will axe about 1,500 jobs and shut 12 showrooms.
Lookers said it was launching redundancy consultations across all areas of the group which are expected to see around 1,500 jobs go among its 8,100-strong workforce.
It comes as the Altrincham-based group revealed it will shut another 12 sites – either by closure, merging with other showrooms or refranchising – on top of the 15 dealerships being closed under plans announced in November.
