Articles by Frances Stewart

In a new sales record for Australia, 17 cars were sold last year - netting the company in the region of $17 million.Sticker prices for the exclusive cars start at $915,000 for a base model Phantom, and rise to $1.2 million for a drophead coupe.Australia recorded 12 sales for the whole of 2006.The strong demand pushed sales growth to 10.4 per cent in the Asia Pacific region.Australia is the third-largest market in the region for the BMW subsidiary, following China and Japan.Sales in China grew by about 70 per cent, while sales to the Arab Emirates increased by about 50 per cent.Worldwide, Rolls-Royce sales increased by 25 per cent, with 1010 cars sold in 2007.North America remained the biggest single market for the luxury vehicles and accounted for 40 per cent of last year's total sales.Porsche also enjoyed a good year during 2007.The company's sale of 1380 cars included 47 sold in December alone.Just 20 sales were made in the same month in 2006, with a total of 1154 sales.Close to record sales were recorded across the automotive industry in general in Australia last year. Why do you think Rolls-Royce sales have jumped? Are we getting richer?