Rolls-Royce Motor Cars’ Chief Executive, Torsten Müller-Ötvös, observed strong growth across Asia as he concluded his tour of the region today. Following a visit to the marque’s significantly expanded showroom in Singapore, he flew to Manila to officiate at a ceremony marking the commencement of Rolls-Royce Motor Cars’ business in the Philippines. Early indications are strong in a country currently enjoying double-digit growth in the number of ultra high net worth individuals. Expansion into new and emerging markets forms a key part of Rolls-Royce’s sustainable growth plans. Confidence continues to grow in Japan, driving good year-to-date growth following expansion into Osaka and a recent move to a significantly larger, premium space in Tokyo. The effects of positive Japanese government economic measures will continue to be seen over the medium term, as the number of ultra high net worth individuals grows by 11%. Against a backdrop of negative market sentiment in the … [Read more...]