Rolls-Royce CEO, Ian Robertson, confirmed at the Geneva Motor Show that a small car design was approved last month. The car will be built under the Phantom badge and will be priced between $263,000 and $394,000. It may be small but still expensive.
However, the BMW ultimate-luxury auto maker expects to double annual production to 1,600 cars after adding a smaller car to its lineup in 2010.
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