Bentley expected to receive approval for Mulsanne Cabrio

Bentley, a subsidiary of Volkswagen AG (Xetra: VW), is likely to receive production approval for the Mulsanne Cabrio by the end of 2012.

The vehicle is to be priced more than £275,000 and will enter production in around two years from now.

The automaker is likely to produce up to 250 units of the vehicle per annum, with a strong focus being placed on the United States market