Pursuits
Rolls-Royce Motor CEO Says Higher China Prices Due Mostly to Tax
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Rolls-Royce Motor Cars Ltd. said greater taxes means it makes about the same profit on a car sold in China as in other countries, despite the higher sticker price in the world’s largest auto market.
A Rolls-Royce Ghost sedan is priced starting at 4.19 million yuan ($688,500) in China, according to autohome.com, a vehicle-comparison website. A similar vehicle costs from $256,650 in the U.S., based on quotes from motortrend.com.