According to Rolls Royce, sales of their luxury cars are on the rise in Asia suggesting that the effects of the global financial crisis are finally starting to recede.
China and India are the two countries singled out by Rolls Royce as leading the way out of the global recession with Japan following closely behind, and also Australia.
The comments were made by Rolls Royce Asia Pacific Regional Chief Colin Kelly at the unveiling of the latest Ghost model in New Delhi recently. Kelly said Rolls Royce had suffered as a result of the economic slump during 2009, after enjoying a bumper year of sales in 2008.
Making predictions for the coming year, in Asia, China will contribute half of the unit sales in 2010 while India, which is becoming an increasingly key market for Rolls Royce, will account for 10 to 12 per cent, Mr Kelly revealed.
Despite forecasting earlier in the year that sales in Asia would be down by 35% Rolls Royce now has a more positive outlook and is predicting a much better year that previously expected.
The newly released Rolls Royce Ghost is expected to help boost sales in Asia significantly as the manufacturer claims there has been a great deal of interest in the new model in the run-up to its release.
