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Rolls-Royce Looking to Boost Presence in Korea
Date
2012.09.06
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Luxury automaker Rolls-Royce Motor Cars Ltd. is considering opening an additional showroom in South Korea in an effort to boost its presence in the fast-growing market for foreign carmakers, the company's head said Wednesday.
"As we want to grow our business here in (South) Korea, there are additional opportunities," Torsten Mueller-Oetvoes, chief executive officer (CEO) of Rolls-Royce, said in an interview with Yonhap News Agency in Seoul.

"We are discussing (opening more showrooms) with our partner, Kolon. For instance, Busan might be an interesting area," he said, adding any decision on the showroom expansion has yet to be made.

HBC Kolon Motors is the local dealer for the luxury car. Currently, Rolls-Royce has only one showroom in downtown Seoul.

Rolls-Royce, which was acquired by German automaker BMW in 1998, has long been considered a maker of high-end luxury cars, selling custom-built automobiles that cost between 500 million won (US$440,140) and 700 million won.

While discussing the quality of Rolls-Royce vehicles, Mueller-Oetvoes said his company makes cars of "the best quality you can buy for money" with "unbelievable dedication to every detail," and provides "an utmost comfort" to all customers.

The high-end Rolls-Royce automobiles first made their debut in South Korea back in July 2004 with its luxury sedan the Rolls-Royce Phantom and sold 5 cars that year. In the first eight months this year, 19 Rolls-Royce vehicles were sold here, up 11.8 percent from a year earlier.

Noting that this was his first visit to Seoul since assuming his role as CEO, Mueller-Oetvoes said the South Korean market has become of growing importance to Rolls-Royce.

Sales of imported cars have been growing sharply in South Korea. In the January-August period, local distributors sold a cumulative 83,583 vehicles, up 20 percent from a year earlier.

  

Torsten Mueller-Oetvoes, chief executive of Rolls-Royce Motor Cars Ltd. (Photo courtesy of Rolls-Royce)

Source Text

 

Source: Yonhap News (Sep. 5, 2012)

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