Rolls-Royce shuts Vietnam dealership

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U.K. luxury car company Rolls-Royce has closed down its dealership in Vietnam and is looking for a new partner to replace it.
The company said on Tuesday that the dealership, Regal Motor Cars in Hanoi, had not proven as effective as expected.
However, servicing would remain unaffected for existing customers, with Regal continuing to provide it until the company appoints a new dealer.
The dealership opened in 2014 with a showroom on Ly Thuong Kiet Street in downtown Hoan Kiem District, and a service center on Nguyen Van Linh Street, Long Bien District.
But the focus was on servicing existing vehicles rather than selling large numbers immediately.
There are several hundred Rolls-Royce cars currently in Vietnam, including its latest model, the Cullinan, which costs more than VND32 billion ($1.38 million) for the standard version.
It is not known if the company is close to finding a new distributor.
Rolls-Royce is a subsidiary of BMW, the German giant, though the two brands operate independently.
Questions & Answers
Q.What reason did Rolls-Royce give for closing its dealership in Vietnam?
What reason did Rolls-Royce give for closing its dealership in Vietnam?
Rolls-Royce stated that the dealership, Regal Motor Cars, had not proven as effective as expected. They are now actively seeking a new partner to replace the outgoing dealership.
Q.Will existing Rolls-Royce owners in Vietnam still be able to get their cars serviced?
Will existing Rolls-Royce owners in Vietnam still be able to get their cars serviced?
Yes, servicing will remain unaffected for current customers. Regal Motor Cars will continue to provide service until Rolls-Royce appoints a new dealer in Vietnam.
Q.When did the Rolls-Royce dealership in Vietnam originally open?
When did the Rolls-Royce dealership in Vietnam originally open?
The dealership opened in 2014, with a showroom on Ly Thuong Kiet Street in downtown Hoan Kiem District and a service centre on Nguyen Van Linh Street, Long Bien District.
Q.How many Rolls-Royce cars are currently estimated to be in Vietnam?
How many Rolls-Royce cars are currently estimated to be in Vietnam?
There are several hundred Rolls-Royce cars presently in Vietnam. This includes the latest model, the Cullinan, with the standard version costing over VND32 billion.
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