Car of kings Rolls back into India

Newswire

MUMBAI, May 31 (Reuters) - Rolls Royce, the preferred automobile of erstwhile maharajas, has opened its first dealership in India to position itself for the well-heeled consumers of a rapidly developing economy. The company expects to sell 10-12 of its luxury Phantom cars a year in India to "ultra high net worth individuals," which would make the market similar in size to Australia or Singapore. It sells 45-55 cars a year in China through three dealers. Priced upwards of 30 million ...

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