Luxury Automotive Brands Rolls-Royce And Bentley Smashed New Records In 2013

We love Rolls-Royce and Bentley and we were really pleased to learn that they have set new records in 2013 with the growth of their brands and record car sales.

The sales of Bentley cars went up by a whopping 19 percent in 2013 and Rolls-Royce sales have increased by 1.5 percent year on year which have surpassed their record growth of 2007.

In 2013, Bentley sold 10,120 cars and Rolls-Royce sold 3,630.

For Rolls-Royce, the strongest growth was from the Middle East with their sales being up by 17 percent and in China, sales were also up by 11 percent. Incredible figures we are sure you will agree.

“We continue to win new customers and we are confident that 2014 will be another successful year,” Bentley Chief Executive Officer Wolfgang Schreiber said in a statement.

Rolls-Royce intends to hire an additional 100 employees for it’s manufacturing plant in Goodwood, West Sussex, UK to join their current 1,300 strong workforce.

Both luxury car makers have decided to expand beyond luxury coupes and sedans and have started developing their first SUV’s (sports-utility vehicles).

“The luxury SUV sector is an interesting and stable segment, but we must consider whether it fits our brand,” said Torsten Mueller-Oetvoes, chief executive of Rolls-Royce Motor Cars. “Rolls-Royce by tradition isn’t sporty or utility; we must think what kind of character such a car would have and what it would look like.”

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What Are The Benefits of Vast International Investment Portfolios?

There are many advantages to diversifying the investments of your business through international investments. Here are a few things to consider when expanding the portfolio of your business.

Diversity means less risk 

If you only invest in one sector then you can find yourself in real trouble if that sector experiences losses. Having a diverse portfolio can mean investing in stocks, bonds, real estate, limited liability corporations, etc. When you are investing in more areas then if one investment has a loss there is a good chance that gains in another area will make up for the loss. At the very least the loss is minimized. This also gives investors the opportunity to play the market a bit if they are unsure what areas they want to invest the most in.

International success is possible with planning and dedication

In today’s business world we are lucky to have the opportunities presented by the vast international marketplace. Many companies have had great success by expanding their investments throughout the globe. Najib and Taha Mikati created the M1 Group after their success in international sectors such as telecommunications and construction. They felt the need to branch out into other sectors. M1 Group was the result of this desire. Now the group has a vast portfolio of investments in sectors such as entertainment, fashion, real estate, aviation, and industrial manufacturing. These investments have helped emerging economies expand. In fact some economies such as that of the United Arab Emirates are predicted to expand an outstanding 25% over the next decade. The profile of Najib Mikati indicates that he is a man that has the power to ensure that this happens through good investment choices.

Opportunities to expand

Better communication has made it possible for companies to have better opportunities for expansion. By investing internationally a company can grow its assets enough to allow for international expansion of their own firm. Purchasing real estate in an emerging business center such as Dubai, Beirut, or UAE, while prices are lower can pay off big in the end. Even if a business is not considering expanding to these locations quickly, purchasing commercial property and leasing it to other firms can help raise valuable capital that can be used to expand domestically or just increase revenue.

Research is essential

If a business wants to expand internationally it is essential that they do a lot of research before they expand. Social customs are very important when doing business with other cultures. What is seen as good etiquette in one culture may be extremely rude or off-putting when doing business with another. Language barriers can make business harder to accomplish. Those that want to expand to an international location often choose to have local employees and contacts that can help them communicate and relate better to the local people. This also shows that your company wants to invest in creating local jobs and that you respect the culture and community that you want to do business in. A business also needs to make sure that they are aware of and following all the labor, business, and tax laws that exist in their chosen area.

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