Are you a RR fan? Then I have a very good news for you: an all new model will be released in four years. The new model, a four-door one, will be placed below Phantom and it will be priced within $230000 and $330000.

The new model will have the same size as the 101EX and will share parts from BMW 7-Series. It will be powered by a BMW V12 engine and will feature a six-speed transmission also developed by BMW.

Rolls Royce statement in Paris

At a private function at the Paris motor show yesterday evening, Ian Robertson, Chairman and Chief Executive of Rolls-Royce Motor Cars, confirmed that work has begun on a new model series. It will be launched within the next four years. The new car will be smaller than the Phantom and cost between 200,000 Euros and 300,000 Euros before tax. Planning permission has been granted to expand business operations at Goodwood. Further details will be announced in due course.

Sales of Rolls-Royce Phantoms are forecasted to be around 800 cars by the end of 2006, marking a fourth consecutive year of growth. The Phantom and extended wheelbase version will soon be joined by a new convertible model that will be unveiled in 2007.

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