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Think the "standard" Rolls-Royce Phantom is expensive at $380,000? Try $1.2 million on for size. That's how much the latest special-edition Phantom was going for, but the astronomic price tag hasn't prevented the (*ahem*) Rolls-Royce of automakers from selling every last one.

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The fastest growing automotive segment in China is the luxury market, where sales soared 24% in the first eight months of 2006. Asia Times reports that Jaguar sales in China were up 220% in 2005, while Land Rover is up 107%. China is the third largest consumer of Rollers, behind the U.S. and Britain. Recently at the Beijing Auto Show, Rolls Royce sold their Phantom display for $838,681. Volvo CEO Fredrik Arp has said that in five years, he expects China's luxury car sales will grow at an annual

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