Stay Classy Rolls-Royce ------------------------------------------------------------------------------ The British car company who's owned by BMW stated it sold 3,538 luxury cars in 201 which is up 31 percent from the the previous year. All in thanks to the sales of its Ghost and Phantom models which are the purest examples...

HONG KONG—Chinese state-owned Shandong Heavy Industry Group Co. is in advanced talks to buy Italian luxury-yacht builder Ferretti Yachts, a person familiar with the situation said. It is the latest move by a Chinese company to acquire makers of luxury products that are increasingly popular on...