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How Kolkata's Shrivardhan Kanoria Became India's Rolls-Royce King
How Kolkata's Shrivardhan Kanoria Became India's Rolls-Royce King

News18

time3 days ago

  • Automotive
  • News18

How Kolkata's Shrivardhan Kanoria Became India's Rolls-Royce King

Last Updated: The brand new Rolls-Royce Spectre crashed on an expressway in Dhaka, Bangladesh, after the driver lost control of the high-speed luxury car. Less than a year after its debut in the Indian subcontinent, the Rolls-Royce Spectre has found itself in an unexpected spotlight — and not for the reasons the luxury carmaker would prefer. A video circulating online from Dhaka, Bangladesh, shows the high-end electric vehicle (EV) involved in a serious crash, sparking fresh conversations about its safety and performance. The footage, now viral, captures the Spectre EV crashing into the median of the Purbachal Expressway at high speed. Fortunately, there were no fatalities. Inside the car were four passengers, including Abdur Sabur, chairman of the Masko Group, and his son. Reports suggest the driver lost control before the vehicle collided with the road divider. According to several reports, the car veered off its course and jammed into the concrete island on the road. The videos and images circulating online clearly show that the Rolls-Royce in place was the brand new Spectre, not carrying a proper registration plate yet. It only carried a sticker at the back with 'AFR – Applied For Registration" printed on a piece of paper. It is not yet known what speed the driver was operating at, but the damage caused raises speculations that the car may have been racing at triple-digit speeds, easily crossing the speed limits of the road set by the authorities. Notably, Spectre is Rolls-Royce's first-ever EV, which is powered by a 102 kWh battery pack that generates 593 PS and 900 Nm of peak torque. Offering a range of 520 kilometres, the car can accelerate from 0 to 100 km/h in just 4.5 seconds and must be driven with care. Those watching the clip could notice damages spanning across the door, windshield, rear fender and the bumper after the Rolls-Royce lost control and hit the concrete section in the centre of the highway. Locals and security officials gathered around the vehicle upon learning of the accident and helped Sabur and other members sitting inside escape. Sabur's son sustained serious injuries, while others received minor damage. They were all taken to the nearby hospital for medical treatment. view comments First Published: July 21, 2025, 14:06 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.

This Rolls-Royce Model is Attracting Way Younger Buyers
This Rolls-Royce Model is Attracting Way Younger Buyers

Miami Herald

time30-06-2025

  • Automotive
  • Miami Herald

This Rolls-Royce Model is Attracting Way Younger Buyers

Back in 2010, the average age of a Rolls-Royce customer was 56. A decade and a half later, that number has dropped significantly. Your first instinct might be to lay blame at the feet of a still-exploding tech field, but you'd only be half right. In fact, the reason Rolls-Royce customers are starting to skew younger may be because the brand made the controversial jump to electrification. That's right - the all-electric Rolls-Royce Spectre is leading the charge and dropping the average age of Rolls-Royce customers like a stone. According to an interview with The Drive, the Rolls-Royce Spectre is attracting a new kind of buyer. President of Rolls-Royce North America, Jon Colbeth, claims that the average age of someone buying a Spectre as their introduction to the brand is just 35 years old. It's part of the reason that the current average age of a Rolls-Royce customer hovers around 42 years old - nearly 15 years younger than it was well, fifteen years earlier. "Tech is important to youthful clients," Colbeth told The Drive. "That's why the Spectre has resonated with those looking to buy their first Rolls-Royce." The new technology, materials, and design are central to the age changeup, Colbeth continues, but the Spectre's success story extends further than just attracting younger buyers. It's also finding a lot of new buyers, which is arguably a more important figure to look at. Rolls-Royce's President says that 40 percent of people purchasing a Spectre are completely new to the brand. As a reminder, the Spectre Black Badge - not something Rolls originally had in mind for the EV - is the most powerful Rolls-Royce model ever. It launched earlier this year, bringing an incredible 659 horsepower and 792 pound-feet of torque, new 23-inch wheels, new options, and new paint finishes to what was already an attractively styled and super exclusive luxury coupe. One takeaway from the Spectre's impact on Rolls-Royce is that hope may not be lost for brands that have largely built their reputations around the combustion engine. Lamborghini, Ferrari, Porsche, and others find their identity inextricably tied to their combustion engines. That's a party Rolls-Royce and its iconic V12 engines would definitely have been invited to, if not hosting. The brand's success with the Spectre clearly illustrates that electrification is a valid path forward for almost any brand. While old buyers may leave, new buyers are seemingly excited and ready to join the queue. Rolls-Royce claims that the Spectre was "the most requested Rolls-Royce model in Europe last year and the second most demanded globally" in 2024. Incredibly, it also notes that the model boasted the "second-highest level of Bespoke content per motor car" in the brand's portfolio. Electrification is unfolding for Rolls-Royce at an explosive level that no one really saw coming. Driving the average customer age down tells volumes about the brand's staying power, too. Small design tweaks that have kept the brand instantly recognizable, combined with excellent powertrains and continued excellence in materials and presentation, have ensured the Goodwood automaker is here to stay before and after electrification. Copyright 2025 The Arena Group, Inc. All Rights Reserved.

This Rolls-Royce Model is Attracting Way Younger Buyers
This Rolls-Royce Model is Attracting Way Younger Buyers

Auto Blog

time30-06-2025

  • Automotive
  • Auto Blog

This Rolls-Royce Model is Attracting Way Younger Buyers

The average Rolls-Royce customer is probably younger than you expected Back in 2010, the average age of a Rolls-Royce customer was 56. A decade and a half later, that number has dropped significantly. Your first instinct might be to lay blame at the feet of a still-exploding tech field, but you'd only be half right. In fact, the reason Rolls-Royce customers are starting to skew younger may be because the brand made the controversial jump to electrification. That's right — the all-electric Rolls-Royce Spectre is leading the charge and dropping the average age of Rolls-Royce customers like a stone. Rolls-Royce's President says its first EV is growing the brand in all kinds of ways According to an interview with The Drive, the Rolls-Royce Spectre is attracting a new kind of buyer. President of Rolls-Royce North America, Jon Colbeth, claims that the average age of someone buying a Spectre as their introduction to the brand is just 35 years old. It's part of the reason that the current average age of a Rolls-Royce customer hovers around 42 years old — nearly 15 years younger than it was well, fifteen years earlier. 'Tech is important to youthful clients,' Colbeth told The Drive. 'That's why the Spectre has resonated with those looking to buy their first Rolls-Royce.' The new technology, materials, and design are central to the age changeup, Colbeth continues, but the Spectre's success story extends further than just attracting younger buyers. It's also finding a lot of new buyers, which is arguably a more important figure to look at. Rolls-Royce's President says that 40 percent of people purchasing a Spectre are completely new to the brand. As a reminder, the Spectre Black Badge — not something Rolls originally had in mind for the EV — is the most powerful Rolls-Royce model ever. It launched earlier this year, bringing an incredible 659 horsepower and 792 pound-feet of torque, new 23-inch wheels, new options, and new paint finishes to what was already an attractively styled and super exclusive luxury coupe. Rolls-Royce Spectre Black Badge Is the falling age of Rolls-Royce customers a foreshadowing for other engine-centric brands? One takeaway from the Spectre's impact on Rolls-Royce is that hope may not be lost for brands that have largely built their reputations around the combustion engine. Lamborghini, Ferrari, Porsche, and others find their identity inextricably tied to their combustion engines. That's a party Rolls-Royce and its iconic V12 engines would definitely have been invited to, if not hosting. The brand's success with the Spectre clearly illustrates that electrification is a valid path forward for almost any brand. While old buyers may leave, new buyers are seemingly excited and ready to join the queue. Final thoughts Rolls-Royce claims that the Spectre was 'the most requested Rolls-Royce model in Europe last year and the second most demanded globally' in 2024. Incredibly, it also notes that the model boasted the 'second-highest level of Bespoke content per motor car' in the brand's portfolio. Electrification is unfolding for Rolls-Royce at an explosive level that no one really saw coming. Driving the average customer age down tells volumes about the brand's staying power, too. Small design tweaks that have kept the brand instantly recognizable, combined with excellent powertrains and continued excellence in materials and presentation, have ensured the Goodwood automaker is here to stay before and after electrification. About the Author Steven Paul View Profile

Nevada couple allegedly promised dozens of victims eye-popping returns on luxury car, boat deals in $57M scam
Nevada couple allegedly promised dozens of victims eye-popping returns on luxury car, boat deals in $57M scam

Yahoo

time13-06-2025

  • Business
  • Yahoo

Nevada couple allegedly promised dozens of victims eye-popping returns on luxury car, boat deals in $57M scam

A Las Vegas couple promised investors eye-popping returns on exotic cars and boats they claimed would be resold to wealthy buyers overseas, but the police now allege these buyers never existed. According to a 94-page arrest warrant obtained by 8 News Now, Jong Rhee, 45, and Neelufar Rhee, 34, were arrested on May 22, 2025 and are facing dozens of charges for setting up a multi-million dollar fraud scheme that allegedly netted $57 million through their businesses, Twisted Twins Motorsports and Lusso Auto Spa. Thanks to Jeff Bezos, you can now become a landlord for as little as $100 — and no, you don't have to deal with tenants or fix freezers. Here's how I'm 49 years old and have nothing saved for retirement — what should I do? Don't panic. Here are 6 of the easiest ways you can catch up (and fast) Nervous about the stock market in 2025? Find out how you can access this $1B private real estate fund (with as little as $10) Investigators say the couple pitched investors on luxury vehicles and boats supposedly destined for high-paying clients in countries like Singapore, where import restrictions could supposedly generate enormous profits. In one case, Jong Rhee told investors a $57 million investment could yield $2.5 billion, but police say there's no evidence that any overseas buyers were ever contacted. Among the high-end items involved in the alleged scheme were luxury cars from Bugatti, Rolls-Royce and Porsche, as well as a $3.9 million boat that Jong Rhee said he could sell for $13.5 million. One of the couple's extravagant claims allegedly involved a 2024 Rolls-Royce Spectre valued at $526,000. Jong Rhee reportedly told investors that if they bought the car, Rhee could sell it for $7.5 million overseas. In another instance, the couple took a private jet to Missouri for a boating trip, claiming the vessel would be sold to one of Jong's international 'connections,' but police say the sale never happened. Detectives believe investor funds were instead used for personal luxuries and travel. The Rhees also attempted to purchase a bar and a home in Lake Havasu, Arizona and allegedly made trips to California using money from investors. The investigation culminated in an October 2024 search of the couple's $2-million home in Henderson, Nevada, where officers seized dozens of exotic vehicles. Police also uncovered text messages between the couple that detailed the pressure the Rhees were under due to 'mounting debts, delayed payments, and unreliable business partners,' according to 8 News Now. In a text from April 2025, Jong Rhee reportedly wrote, 'We r [sic] big trouble money.' Another message allegedly read, 'Right now, our lives are on the line.' By mid-2024, police say the couple became so desperate that Jong gambled their last $10,000 at the World Series of Poker, hoping for a big win to solve their financial troubles. 'Jong frequently gambled and played poker,' police wrote in the arrest warrant, adding that he often entered high-stakes tournaments that further strained the couple's finances. The Rhees are reportedly facing 78 charges that include money laundering, racketeering and forgery, 8 News Now reports. Read more: Want an extra $1,300,000 when you retire? Dave Ramsey says — and that 'anyone' can do it With fraudulent investment schemes on the rise, it's important to keep an eye out for any potential red flags when someone is attempting to talk you into an investment. For one, be skeptical if the salesperson asks for secrecy, or if they ask you to bring people you know into the investment. A legitimate professional won't ask you to keep secrets, nor will they request you to recruit additional investors. You should also watch out for investing in unregistered products or assets. Scammers might say an investment is exempt from registration, which, even if true, means the risks are much higher. Bad actors who operate outside industry rules and regulations are behind many financial scams, so make sure the seller of an investment product is also registered and legitimate. Like with most things, if it sounds too good to be true, it probably is. Make sure you protect your money by using some of the FBI's tips to avoid getting scammed: Before you dive into an investment opportunity, do your own research and don't just rely on the information that the salesperson provided for you. There's never a need to rush. If you're being pressured into an investment or told not to discuss a potential investment with others, that could be a red flag. There is never a guaranteed return on investment (ROI). All investments include some level of risk, so be weary of anyone who promises a guaranteed ROI. Don't respond to cold calls, text messages, emails or any other unsolicited contact that is either overly attractive or induces fear. It's not certain how many people were defrauded in the Las Vegas scheme, since some of the court records remain redacted. However, two other individuals — Crisfin Deguzman and John Baudhuin — are also facing charges related to the case. As for the Rhees, they've posted $100,000 bail and were due back in court June 9, 2025. Rich, young Americans are ditching the stormy stock market — here are the alternative assets they're banking on instead Robert Kiyosaki warns of a 'Greater Depression' coming to the US — with millions of Americans going poor. But he says these 2 'easy-money' assets will bring in 'great wealth'. How to get in now This tiny hot Costco item has skyrocketed 74% in price in under 2 years — but now the retail giant is restricting purchases. Here's how to buy the coveted asset in bulk Here are 5 'must have' items that Americans (almost) always overpay for — and very quickly regret. How many are hurting you? Like what you read? Join 200,000+ readers and get the best of Moneywise straight to your inbox every week. This article provides information only and should not be construed as advice. It is provided without warranty of any kind. Sign in to access your portfolio

Huawei Maextro S800 is a ₹1.19 crore EV aiming to crack luxury car market; targets Mercedes-Benz, Bentley and others
Huawei Maextro S800 is a ₹1.19 crore EV aiming to crack luxury car market; targets Mercedes-Benz, Bentley and others

Hindustan Times

time03-06-2025

  • Automotive
  • Hindustan Times

Huawei Maextro S800 is a ₹1.19 crore EV aiming to crack luxury car market; targets Mercedes-Benz, Bentley and others

Huawei Maextro S800 has taken design inspiration from Rolls-Royce and Mercedes-Maybach models. Notify me After Xiaomi and Sony, now Huawei has grabbed the attention of the automotive world with the launch of the Maextro S800, which is a luxury sedan with a price tag exceeding the one million yuan mark, which translates to a whopping ₹ 1,19,19,460. With this, Huawei and its auto manufacturer partners are aiming to crack the luxury car market in China. The Maextro S800 broke cover in Shenzhen last week, and it is designed to go up against ultra-luxury cars from brands such as Mercedes-Benz EQS, Rolls-Royce Spectre and Volkswagen AG's Bentley. The car can be dubbed as a model offering the look of Rolls-Royce, luxury elements as Mercedes-Maybach and technology of Huawei. Also, it promises a whopping 838 bhp peak power on tap. Interestingly, this is not the first time Huawei tried its hand in the automotive domain. The technology giant has previously produced Aito branded models with Seres Group. Those vehicles grabbed a lot of eyeballs in the 500,000 yuan and above category in China. Maextro S800: What it offers The Maextro S800 comes with a design that gives a Mercedes-Maybach vibe. The front profile has a closed panel with vertically stacked sleek LED headlamps at both ends. Thee is a silver-coloured mesh at the front bumper. Moving to side profile, there are large wheels with multi-spoke design. Other design elements include sleek chrome trims, flush fitting door handles, coupe roofline etc. The lidar panel is visible at the top edge of the windshield. Inside the cabin, the car gets high-end luxurious theme. It gets a crystal shimmer ceiling, pioneered by Rolls-Royce. This means the cabin's roofline looks like a starry night sky. The car comes with a triple-screen dashboard and more than 32 ADAS sensors including both radar and lidar as well as a suite of camera that help enable Huawei's advanced driver-assistance technology. Built on a bespoke, purpose-built platform, the Maextro S800's EV comes with multiple powertrain options. Check out Upcoming EV Cars in India. First Published Date: 03 Jun 2025, 06:54 AM IST

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