Friday, October 17, 2008

Luxury on Rolls

By Feeroz Ahmed

A Bentley is quicker and a Maybach is prettier, but there is no rival to a Rolls Royce in regal splendour and quiet cruise. That is probably why most heads of state, royal families and business moguls prefer to ride this 20-footer lounge-on-wheels than any other luxury automobile.

Rolls Royce has a history of almost a century in India. The maharajas of yore aspired to own this symbol of British engineering and craftsmanship. Now, the company is trying to reach out to the new maharajas, the billionaire enterpreneurs. It opened a dealership in Mumbai in 2005, and has now added one in Delhi. The new owners of the company, BMW,have sold 30 Rolls-Royce in India since taking over the company in 1998, 12 of them last year.

"These dealerships not only take care of the requirements of local customers, but also the local requirements of our global customers," says Graeme Grieve, director of sales and marketing at Rolls-Royce Motor Cars.

"Typically, our customers have offices and homes at multiple locations in the world, and they like to have a Rolls-Royce at each location." The demand for the Roller among Indians and foreigners with bases in India is growing. With three months still to go this year, already 12 Rollers have been sold – as many as in the whole oflast year. But the fastest growing market for the Roller is China, where more than 100 cars were sold in 2007.

In fact, sales of Rollers are an indicator of a country's economy. The most Roller-loving country in the world is the US, which makes up a quarter of the world's GDP. Last year, nearly 400 of the about 1,000 Rollers sold across the world were sold in that country. Of those 400, a little less than half were sold in one city alone - Los Angeles, Hollywood's home. Florida, with its colourful billionaires, was the next largest buyer of the uber-lux automobile.

It is one old men's car that even the young drool over for its subtelty and silence. It is the utter tranquility of Rolls-Royce amid the cacophony of traffic, its bump-less stability on rough roads , and its wafting-like drive at high speeds of150-200 kmph that awes the uber rich into paying about $400,000 to own a Roller.

According to the Delhi dealer of the brand, Yadur Kapur, a standard Rolls-Royce costs Rs 3.15 crore, including 112per cent import duty. But this car is nothing if not personalised, and that includes exterior and interior colour to personal monograms, choice of leather, wood, embroidery, and installation of a safe box for jewellery in the boot or a humidor for cigars. Such things can add about 10 per cent more to the cost of the car. The best thing is that you can see your car being made by engineers and craftsmen at its Goodwood factory, two hours from London. And you can actually be on the shopfloor and chat with the persons making your car.

Of course, the car's persuasion includes the luxury and sophistication of a nearly 20-feet ship on wheels powered by a 6.75-litre engine that seems to have power to spare even at high speeds or during sudden acceleration. Its interiors are made of 15-18 bull hides and 43 wood parts, and it is loaded with high-end electronics that close doors and extend driver's vision through cameras in addition to a 15 speaker sound system. In fact, a Roller can be intimidating for even the rich.

"Many of our customers have said that they did not feel that they were ready for a Rolls-Royce, that they were not successful enough," says Grieve. "Our job in marketing is to help customers get over their diffidence and enjoy the car for its great engineering and comfort."

According to Matthew J. Bennett, general manager for South and East Asia Pacific, once somebody tastes a Rolls-Royce, he keeps coming back for more. Ofthe 1,000 Rollers sold worldwide last year, 400 were acquired by those who already owned one, he points out.

A lot of Rolls-Royce owners use the car to do business. "It is so quiet and offers such privacy even in traffic that many of our customers do business as they travel in the car," says Bennett. The most interesting use of this car is at private estates. "Some of our customers use the car as a golf buggy," he says.

While a fortunate few get to own a Roller, the rest count themselves lucky even if they get to ride one. Don't miss a chance to travel in one if you get it.


Contributed By:
Prof. P. Guha
(Globsyn Business School)

Reference: Businessworld

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