Volkswagen AG will cut production of its super luxury Bentley brand to between 500 and 750 units a year in stages from next year compared with 800 this year, Bentley head Franz-Josef Paefgen said in an interview with Financial Times Deutschland.

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“We will always be producing less than the demand,” he reportedly said, adding this will also help stabilise prices in the used-car segment.

Bentley production last year was over 1,000 cars, he said, according to the newspaper.

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