AIRLINK 74.19 Decreased By ▼ -0.06 (-0.08%)
BOP 5.11 Increased By ▲ 0.06 (1.19%)
CNERGY 4.59 Increased By ▲ 0.17 (3.85%)
DFML 37.65 Increased By ▲ 1.81 (5.05%)
DGKC 90.45 Increased By ▲ 2.45 (2.78%)
FCCL 22.45 Increased By ▲ 0.25 (1.13%)
FFBL 33.03 Increased By ▲ 0.31 (0.95%)
FFL 9.70 Decreased By ▼ -0.09 (-0.92%)
GGL 10.89 Increased By ▲ 0.09 (0.83%)
HBL 115.75 Decreased By ▼ -0.15 (-0.13%)
HUBC 136.30 Increased By ▲ 0.46 (0.34%)
HUMNL 10.01 Increased By ▲ 0.17 (1.73%)
KEL 4.60 Decreased By ▼ -0.01 (-0.22%)
KOSM 4.95 Increased By ▲ 0.29 (6.22%)
MLCF 39.87 Decreased By ▼ -0.01 (-0.03%)
OGDC 138.05 Increased By ▲ 0.15 (0.11%)
PAEL 27.31 Increased By ▲ 0.88 (3.33%)
PIAA 24.70 Decreased By ▼ -1.58 (-6.01%)
PIBTL 6.70 Decreased By ▼ -0.06 (-0.89%)
PPL 123.11 Increased By ▲ 0.21 (0.17%)
PRL 27.38 Increased By ▲ 0.69 (2.59%)
PTC 13.95 Decreased By ▼ -0.05 (-0.36%)
SEARL 59.65 Increased By ▲ 0.95 (1.62%)
SNGP 70.15 Decreased By ▼ -0.25 (-0.36%)
SSGC 10.55 Increased By ▲ 0.19 (1.83%)
TELE 8.57 Increased By ▲ 0.01 (0.12%)
TPLP 11.13 Decreased By ▼ -0.25 (-2.2%)
TRG 64.40 Increased By ▲ 0.17 (0.26%)
UNITY 26.77 Increased By ▲ 0.72 (2.76%)
WTL 1.40 Increased By ▲ 0.02 (1.45%)
BR100 7,874 Increased By 36.2 (0.46%)
BR30 25,599 Increased By 139.8 (0.55%)
KSE100 75,336 Increased By 405.6 (0.54%)
KSE30 24,215 Increased By 69.3 (0.29%)

RollsRoyceNEW YORK: Luxury automaker Rolls-Royce Motor Cars should more than double sales in the second quarter, in large part because of its Ghost model, David Archibald, president of Rolls-Royce in North America, said.

The Ghost, priced lower than the Phantom at $246,500, helped Rolls-Royce hit a record in global sales of 2,711 in 2010, up 167 percent over the previous year, he said.

"One of the things that Ghost has brought is a more viable business case in more cities," he said.

As a result, Rolls-Royce will increase the number of its dealers in China to 11 by the end of this year, up from eight, more than any other country but the United States.

The United States is still Rolls-Royce's biggest market, but China should overtake it "in the relative short term future," he said.

Archibald said there will be four new US Rolls-Royce dealerships this year. The automaker, a brand of Germany's BMW, now has 81 dealerships worldwide.

The sales of Rolls-Royce suggest that the ultra-luxury market has staged a comeback after the recent recession, he said.

"It's definitely gone past the bottom and it's growing from that point," he said.

 

Copyright Reuters, 2011 

 

Comments

Comments are closed.