Tough times? Not for Rolls-Royce.
Rolls-Royce enjoys record sales in 2011. Nearly a third of Rolls-Royces are sold in China.
An employee dusts off a sold Rolls-Royce "Ghost" before a customer picks it up at a Rolls-Royce showroom in Dubai Monday. Upmarket UK-based carmaker Rolls-Royce, owned by BMW, said it sold a record 3,538 cars in 2011, benefiting from a surge in demand for luxury cars from customers in emerging markets.
Jumana El Heloueh/Reuters
Rolls-Royce Motor Cars sales hit record-breaking levels in 2011, with more cars sold than ever before in the brand鈥檚 107-year history.
Over 3,500 of the ultra-luxury cars were sold, representing a 31 percent rise on 2010.
听鈥淚t is definitely a nice听investment听to put your money in a Rolls-Royce, because on the one hand it is something that keeps value, and on the other, it is something that really gives pleasure,鈥� Rolls-Royce CEO, Torsten Muller-Otvos, told CNBC Monday.
听鈥淭hat is one of the reasons we saw many people buying Rolls-Royces last year,鈥� he added.
听Muller-Otvos said 70 percent of all听Rolls-Royces听ever built were still on the road today.
听Asia-Pacific听and听North America听were the brand鈥檚 biggest markets in听2011, with 30 percent of sales going to听China.
听The biggest rise was in Asia-Pacific, where sales soared by 47 percent. In the听UK, where Rolls-Royces remain popular, they rose by 30 percent.
听"There is no typical Rolls-Royce buyer. We have seen buyers out of the听celebrity听area, the听sports area听and the听film area, but also a lot of听self-employed听people,听entrepreneurs," Muller-Otvos said.