12 Jan 2012

BMW’s Rolls-Royce Posts Record Sales


BMW's Rolls-Royce Posts Record Sales - WSJ.com

FRANKFURT—BMW AG’s ultra-luxury Rolls-Royce unit said Monday it sold 3,538 cars last year, a 31% increase compared to 2010 and setting a new annual sales record for the 107-year-old car brand.

“We had an outstanding year,” Rolls-Royce brand chief Torsten Müller-Öetvös said in a statement, adding that business continues to go very well.
Its sales in the Asia-Pacific region surged 47% year-on-year in 2011, compared with a 17% rise in North America and a 23% increase in the Middle East. China and the U.S. were also the brand’s largest markets last year.
“We’re expanding our dealership network, entering new markets such as South America and expanding our production facility in Goodwood [West Sussex, England] to meet rising demand worldwide,” Mr. Müller-Ötvös said. “We’re also planning to further develop our model lineup.” Source
Angelo: Given the global occupy movement and the depression facing most people around the world, I had to post this. "Why aren’t the masses connecting the dots?" was an apt comment I saw today somewhere obscure. The often misstated 0.01% (not as catchy as 1%) are clearly doing better than ever. Alternatively, perhaps people are just opting for quality these days. I am;)