Rolls-Royce expects China to be biggest market
Super luxury carmaker Rolls-Royce Motor Cars Ltd expects China to be its biggest single market in the world during the next couple of years. "I think the potential is definitely here in the market, particularly when you see how much the high net-worth individuals are growing in China, our target group," Torsten Muller-Otvos, the company's CEO, said.
China is Rolls-Royce's second biggest single market after the United States. Muller-Otvos pointed out that last year China accounted for roughly one-fifth of the company's global sales of 4,000 vehicles.
He said Roll-Royce plans to open two or three new dealerships in China annually in the next few years.
It now has 23 dealerships here.
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