Photo: Rolls-Royce
British luxury car manufacturer Rolls-Royce continues to enjoy strong growth across Asia, despite the recent downturn in China’s mass luxury segment, company CEO Torsten Muller-Otvos revealed after touring the region.
Strong demand for bespoke Phantom and Ghost models have contributed to the significant growth in China, Rolls Royce said, adding that year-to-date sales in Japan have improved following the company’s expansion into Osaka and “the effects of positive Japanese government economic measures”.
“I am delighted to report very pleasing growth across Asia. Continuing success in existing markets and successfully executed entry into emerging territories forms a key part of our long-term sustainable growth plans,” said Torsten Muller-Otvos, chief executive of Rolls-Royce Motor Cars.
“Amid a backdrop of challenging market conditions for mass-luxury manufacturers, Rolls-Royce continues to observe good positive growth in China. Highly discerning Chinese entrepreneurs seek to purchase individually tailored, pinnacle luxury goods. This is reflected in sustained demand for highly Bespoke Rolls-Royce motor cars in the region,” he added.
Rolls-Royce has recently expanded its showroom in Singapore and opened new business in Manila, Philippines.
“I am delighted to report very pleasing growth across Asia. Continuing success in existing markets and successfully executed entry into emerging territories forms a key part of our long-term sustainable growth plans,” said Torsten Muller-Otvos, chief executive of Rolls-Royce Motor Cars.
“Amid a backdrop of challenging market conditions for mass-luxury manufacturers, Rolls-Royce continues to observe good positive growth in China. Highly discerning Chinese entrepreneurs seek to purchase individually tailored, pinnacle luxury goods. This is reflected in sustained demand for highly Bespoke Rolls-Royce motor cars in the region,” he added.
Rolls-Royce has recently expanded its showroom in Singapore and opened new business in Manila, Philippines.
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