Rolls-Royce Motors posts record sales for 2012
Source: Reuters
(Reuters) - Rolls-Royce Motor Cars reported record car sales in 2012 as demand for its traditional luxury vehicles held up among wealthy Americans and Chinese, although its growth rate slowed down significantly from the previous two years.
Rolls, owned by German carmaker BMW , said on Thursday that car sales rose 1 percent to 3,575 in 2012 from 3,538 cars a year earlier.
It was the company's third consecutive year of record sales, but the growth rate was well below the 31 percent and 150 percent growth delivered in 2011 and 2010 respectively.
The United States regained its position as Rolls' biggest single market in 2012, overtaking China. Mainland Europe, including Russia, was its third biggest market, followed by the Middle East and Asia Pacific.
Read more: http://en-maktoob.news.yahoo.com/rolls-royce-motors-posts-record-sales-2012-112644600--finance.html
Clearly the 1% need a tax cut.
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