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China Overtakes America As Rolls-Royce's Biggest Market
by
Derek Kreindler
(IC: employee)
Published: December 1st, 2010
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Rolls-Royce is well on track to sell 800 cars in China, a figure that would see the country pass the United States as RR’s largest market. While Rolls sold just 100 cars in 2009, the brand sold 500 from January to October of 2010.
Rolls is planning on adding another 4 stores in China, which should help increase sales for the brand. While the Phantom retails for $380,000 USD in America, China’s various taxes on luxury cars, which add up to an additional 82%, mean that a Phantom costs around $990,000 in China.
[Source: Bloomberg]
Derek Kreindler
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Published December 1st, 2010 2:54 PM
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