Rolls Royce has announced that an all new model will be released within four years.

The British brand is developing a new four-door model that will be positioned below the Phantom and be priced within $230,000 and $330,000. The design team, which is being headed by Rolls-Royce's chief stylist, Ian Cameron, will be tackling the design work.

The firm is already enjoying great success with a flood of orders for its forthcoming convertible based on the 101EX concept, and the company is poised to sell even more vehicles with the construction of an all-new model.

The new car, tipped to be called a Ghost, will be similar in size to the 101EX and share parts with the BMW 7-Series in an effort to save development costs. The planned engine, most likely a BMW-derived V-12, will be mated to a new 6-speed transmission also developed by BMW.

Expect Rolls-Royce’s traditional effortless performance and features such as an aluminum structure and intricate spaceframe to be adopted.


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