Asian-News.net is your go-to online destination for comprehensive coverage of major news across Asia. From politics and business to culture and technology, we bring you the latest updates, deep analyses, and critical insights from every corner of the continent. Featuring exclusive interviews, high-quality photos, and engaging videos, we keep you informed on the breaking news and significant events shaping Asia. Stay connected with us to get a 24/7 update on the most important stories and trends. Our daily updates ensure that you never miss a beat on the happenings in Asia's diverse nations. Whether it's a political shift in China, economic development in India, technological advancements in Japan, or cultural events in Southeast Asia, Asian-News.net has it covered. Dive into the world of Asian news with us and stay ahead in understanding this dynamic and vibrant region.

Contacts

  • Owner: SNOWLAND s.r.o.
  • Registration certificate 06691200
  • 16200, Na okraji 381/41, Veleslavín, 162 00 Praha 6
  • Czech Republic

British luxury carmaker Rolls-Royce says super rich fueling a demand boom for bespoke models

British luxury carmaker Rolls-Royce Motor Cars on Wednesday said it is investing over £300 million ($369.9 million) to expand its global headquarters, citing growing demand for highly personalized models from its ultra-wealthy clientele.

BMW-owned Rolls-Royce Motor Cars, like other luxury car brands, has seen an uptick in demand for bespoke and complex car models in recent months.

Some of these individualized embellishments have included orders for solid 18-carat gold sculptures, intricate embroideries comprising more than 869,500 stitches and holographic paint finishes.

The company said its investment of more than £300 million at its Goodwood manufacturing facility in southern England would help to create space for bespoke and Coachbuild projects. The latter refers to an invite-only program where the firm's clients can create an "entirely original motor car."

Rolls-Royce Motor Cars said the investment, which will likely be seen as a boost to Britain's ruling Labour Party, represents the firm's single largest injection of capital since the Goodwood plant opened 22 years ago.

"Rolls-Royce is a global business," Chris Brownridge, CEO of Rolls-Royce Motor Cars, told CNBC's "Squawk Box Europe" on Wednesday.

"We have clients in every corner of the world and this growth in demand for more complex commissions from our clients is something that we need to satisfy. And so, the investment in Goodwood is something which shows the health of the organization but also shows how confident we are about our growth plans," Brownridge said.

"What we are not trying to do is make more Rolls-Royces but what we are trying to do — and we will do — is make more special commissions and more remarkable motor cars," he added.

Rolls-Royce Motor Cars said it

Read more on cnbc.com
DMCA