Home | Recommend Us | Contact us | Make NK your default homepage
TOP NEWS
BREAKING NEWS
HOME | ASTROLOGY | CHINESE ASTROLOGY | NUMEROLOGY | RECIPES | SELF HELP | PHOTO GALLERY | YOGA | TRAVEL | EDUCATION | PINCODES | BABY NAMES
NEWS CHANNELS
  • Kerala News
  • India News
  • World News
  • Business India
  • Sports News
  • Cricket News
  • Travel News
  • Health News
  • Technology
  • Literature News
  • Education News
  • Agriculture News
  • Automobile News
  • Real Estate News
  • Bank News
  • Computer News
  • Insurance News
  • Pharmaceutical News
  • Telecom News
  • Special Features
Entertainment News
  • Bollywood News
  • Hollywood News
  • Fashion News
  • Television News
  • Malayalam Film
  • Kannada Film
  • Tamil Film
  • Telugu Film
Regional News
  • Andhra Pradesh
  • Gujarat News
  • Karnataka News
  • Maharashtra
  • Orissa News
  • Punjab News
  • Rajasthan News
  • Tamil Nadu
  • West Bengal
  • More India News
Best Of NewKerala

  • Festivals of India
  • Self Help
  • India Travel Maps
  • Temples of India
  • Kerala Info
  • Indian Dance Forms
  • Music of India
  • Bollywood Photos
  • Make Up Lessons
  • Weight Loss Tips
  • Top Destinations
  • World Travelogues

Home > News > business-india-news

Rolls opens second showroom in India, cheapest car at Rs.31 mn

New Delhi, Sep 12 : Rolls-Royce Motor Cars Ltd, a premium car manufacturer and part of the BMW Group, Friday announced the opening of a showroom here, the city's first and the country's second.

The company, which opened its first Indian showroom in Mumbai in 2005, is optimistic about selling almost 20 cars in the country this year.

“We have till now crossed last year's number and hope to sell between 16-20 units in India this year depending on the demand,” Rolls-Royce director (sales and marketing) Graeme Grieve told reporters at the launch of the company's second showroom in the country.

The UK-based company sold 1,010 cars in 2007 and aims to sell almost 1,200 cars this year globally.

Currently, the three models of the Phantom family will be offered in India with the price ranging from Rs.3.15 crore (Rs.31.5 million) to Rs.3.55 crore (Rs.35.5 million) or a little over USD 750,000.

The car platter includes - Phantom priced at Rs.3.15 crore, Phantom Extended Wheelbase priced at Rs.3.55 crore and Phantom Drophead Coupe for Rs.3.5 crore.

“Going forward, we have some new products coming. In two months time, we'll launch the Phantom Coupe in India, which is the fourth and final car in the Phantom series,” Grieve said.

The carmaker has already bagged two customers for the Drophead Coupe, which was launched last year, and hopes the next more-affordable model, codenamed RR4, will have more takers when it is launched in 2010.

The premium carmaker has an annual production capacity of 1,000 units, which it plans to increase significantly with the starting of the second production line, and will also hire 200 more people to cater to the growing demands.

“Currently, we have a headcount of 500 people worldwide but we will be increasing that number and hire 200 people in the next two years,” Grieve said.

Rolls-Royce is looking at sales growing 25-40 percent per annum over the next four to five years.

--IANS

Post your comment

Read other business-india-news stories

Visit Home Page for fresh content

Your Yearly Horoscope for 2010:

Pisces    Aquarius    Capricorn    Sagittarius    Scorpio    Libra    Virgo    Leo    Cancer    Gemini    Taurus    Aries

 

PLAY CLASSIC GAMES ONLINE

 

Most Visited Articles:

Student Loan- The way to nurture and fulfill your Goals

Forex Trading- A Smart Choice of Earning

Web Hosting Tips- Are Dedicated Servers Really Worth the Penny?

 

Latest News Headlines:

  • EMAET screens in 617 UFO theaters
  • Richa to pay lead role in Tamanchey
  • Ek Mein Aur Ek Tu (Review)
  • Student's body found in Kolkata
  • Churchill Brothers face HAL
  • Nazi surgical set withdrawn from auction
  • Pune FC 'A' ends lose in semifinal clash
  • New Zealand firm to manage Indian enterprises' data with CMC
  • Australia beat SL in Perth ODI
  • TCS wins special award in France
  • Three British Muslims jailed for anti-gay campaign
  • One dead, one injured in goods train accident in Goa
  • One dead, one injured in goods train accident in Goa
  • Police cracks down on Srinagar eve-teasers
  • DRDO conducts test of interceptor missile
  • Langsning beat KGF 1-0
  • Convicted stalker of Madonna, Halle Berry on run
  • Bombay HC upholds death penalty of 2003 blast convicts
  • Nasheed threatens to hit streets in the Maldives
  • Congress downplays Khurshid's remarks
  • Poll: Most French favor UN-authorized military intervention in Syria
  • Ahead of meet with GJM, Mamata rejects Bengal's division
  • Twitter expands SMS service to satellite phones
  • Indonesia's Mount Lokon erupts again
  • Factory fire in northern India kills 9
  • Egypt deploys troops ahead of national protests
  • Hundreds suffer food poisoning after political rally in southern Mexico
  • India, EU to clinch FTA soon, to combat terror
  • High court does not allow minor to live with boyfriend
  • 28,000 died in Russian road accidents in 2011
  • Indian investments safe in Maldives, says envoy
  • Witch hunting: Villagers set woman ablaze
  • India, EU decide to step up trade deal talks, sign research pact
  • Bengal bars media conference at the assembly, CPI-M objects
  • Kashmiri students on 'mission' to know India meet Chidambaram
  • Maldives envoy assures safety of Indians
  • DRDO conducts successful test of Interceptor missile
  • Vinay Katiyar accuses Congress of being a militant sympathizer
  • Memo Gate: Ijaz to record testimony via video link from London
  • China sacks four officials in Tibet for endangering stability
  • 13/7 Mumbai blasts: Police remand of three extended
  • Ahsan confirms Gilani will appear before Pak SC on Feb 13 to face indictment over contempt charges
  • Marines posed for photo with Nazi SS symbol in Afghanistan
  • Google manufacturing home entertainment device
  • Numeric Power sells UPS business for Rs.859 crore
  • Obama administration urged to deploy tactics to kill Taliban leaders like al Qaeda
  • Army chief withdraws case against Govt. in Supreme Court on age row
  • How brain differentiates between left and right
  • Reliance Communications quarterly revenue rises at Rs.5,052 crore
  • 'Bulimic' Gaga spent most of her high school days throwing up

  •   Home | Recommend Us | Contact us | Make NK your default homepage
      � 2001-2008 NEWKERALA.COM. All Rights Reserved.