You Are Here: FrontPage Marketplace News


Friday, December 15, 2006 - Web posted at 8:29:36 GMT

Chinese buys most expensive Rolls-Royce

HONG KONG - The most expensive Rolls-Royce super-luxury car ever made has just been sold to a Chinese property developer in Beijing, the legendary marque's chairman Ian Robertson said yesterday.

The US$2,2 million (around N$15 million) built-to-order stretch Rolls-Royce Phantom boasts state-of-the art gadgets including an LCD entertainment system.

It also has two rows of rear seats, facing each other.

"It was the most expensive car we've ever done," said Robertson, in Hong Kong for the unveiling of a fleet of 14 new Phantoms at the city's Peninsula Hotel.

Robertson wouldn't disclose the name of the buyer.

China has overtaken Japan as Rolls-Royce's biggest Asian market, with sales growth this year of 60 per cent driven by the country's newly-rich entrepreneurs splashing out on the trappings of wealth.

The former British motoring legend is now owned by German car manufacturer BMW, which produces the Phantoms from a new factory in Goodwood, South England.

Nampa-AFP

Local Marketplace

•  Summary
•  Headlines
•  Forums
•  Email this story
•  Printer friendly


Marketplace News Headlines Of The Last 48 Hours


•  Financial meltdown knocks global factories
•  Tensions brew over EU's vetting of state aid to banks
•  DBN assistance paves way for women
•  China urges developed states to take lead in climate change
•  Bridgestone puts on the brakes at US plant Japanese firm will cut jobs and stop making tyres
•  Price transparency for Nam's telecoms sector
•  Consumer debt affects health
•  The mantra of the big guns and the cries of the back streets
•  SA mining unions call for halt to new lay-offs
•  Polytechnic receives financial boost
•  Nam moves to get ban on exports to SA lifted
•  BEE firms in SA must bail themselves out, say black managers
•  Maputo remains optimistic about foreign aid flows
•  US$500m biofuels project wants Mozambican labour to produce ethanol
•  Union asks leaders not to back down on aid for decent work
•  House market will worsen in South Africa, says Absa
•  Fortescue shares surge on bid rumours by BHP and China
•   Chinese manufacturing drops sharply
•  Ryanair makes new takeover bid for Aer Lingus

 

Advertise | About Us | Contact Us | Subscribe | Privacy | Terms Of Service | Guestbook

Material on this site copyright The Free Press Of Namibia (Pty) Ltd
PO Box 20783 - Windhoek - 42 John Meinert Street
Tel: +264 (61) 279600 - Fax: +264 (61) 279602

Back To Top