Rolls-Royce expects strong growth in new markets
4 October 2010While some auto dealers may not stand a ghost of a chance of moving cars off their lots this autumn, Torsten Mueller, the CEO of BMW’s Rolls-Royce division, isn’t worried.
He told Dow Jones that the ultra-luxury Ghost model, which sells for about $250,000, is attracting affluent customers to Rolls-Royce, and that “eighty percent of customers buying the Ghost are new to the brand.” He sees the customers returning to the luxury car segment. The new Ghost, making an appearance at this week’s Paris motor show, is not the most expensive Rolls-Royce; the Phantom sells for $380,000. Youps, that’s just the price of one car.
Torsten Mueller says the Ghost competes favorably with other luxury cars offered by Bentley and Mercedes-Benz. Unlike other Rolls-Royce models which are chauffeur-driven and used for personal trips, the Ghost tends to be driven by the owner and used for business. Mueller expects that the Ghost will contribute to the doubling of last year’s sales of about 1000 cars. He pointed out, however, that brand exclusivity is more important than sales volume. Nonetheless, Rolls-Royce plans to add some new dealerships to the 83 in existence. Expansion will focus on the U.S. but also include Europe, Asia and the Middle-East.
————————————– ©-2010 Marketing Automotive – Bernhard Adriaensens – International Consultant in Automotive Marketing and Management

