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Automotive Industry
Industry: Email Alert RSS FeedRolls aims to overcome production delay; US analyst doubts annual sales target of 1,000 units.(News)
Automotive News Europe, January, 2004 by Kurylko, Diana T.
Byline: Diana T. Kurylko
Rolls-Royce Motor Cars will meet its worldwide yearly sales target of 1,000 Phantoms in 2004, despite a slow start at its new UK factory last year, say executives at the luxury carmaker.
BMW-owned Rolls-Royce suffered production delays last year that forced the company to fly more than 80 Phantoms to US customers.
One US analyst doubts that the high-end carmaker will meet the 1,000 sales target because she says wealthy Americans are reluctant to purchase the super-luxury model despite the US economy's upturn.
Rolls-Royce expects 40 percent of its ...
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