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Rolls-Royce Motor Cars Limited is a British luxury automobile maker that has operated as a wholly owned subsidiary of BMW AG since 2003 – as the exclusive manufacturer of Rolls-Royce-branded motor cars. The company's administrative and production headquarters are located on the 42-acre (17 ha) Goodwood Estate in Goodwood, West Sussex, England ...
It produced luxury cars under the Rolls-Royce and Bentley brands. Vickers acquired the company in 1980 and sold it to Volkswagen in 1998. Bentley Motors is the company's direct successor; however, BMW acquired the rights to the Rolls-Royce trademark for use on automobiles and launched a new Rolls-Royce company shortly afterwards.
In 2000, BMW sold off most of the Rover brands, retaining only Mini. BMW acquired the rights to the Rolls-Royce brand in 1998. The 1995 BMW Z3 expanded the line-up to include a mass-production two-seat roadster, and the 1999 BMW X5 was the company's entry into the SUV market.
Rolls-Royce Motor Cars, the current car manufacturing company incorporated in 1998, a subsidiary of BMW Group Rolls-Royce Motors , owner of the former car division incorporated in 1973, bought by Vickers in 1980, a subsidiary of Volkswagen Group from 1998 to 2002
Rolls-Royce Motor Cars, under the aegis of BMW but fully autonomous, reinvented itself with the Phantom VII in 2003. It was a car that charted the company’s course for the 21st century, and was ...
The company was founded in 1916 as a manufacturer of aircraft engines, which it produced from 1917 to 1918 and again from 1933 to 1945 creating engines for aircraft that were used in the Second World War. The companies automobiles are marketed under the BMW, Mini and Rolls-Royce brands, and motorcycles are marketed under the BMW Motorrad brand.
Rolls-Royce saw its operating margin increase to 14% from 9.7% a year earlier. Supply chain snags continue to loom over the company—an issue it shares with other aviation majors such as Airbus ...
Rolls-Royce, the British marque owned by BMW, has also faced weaker sales in China this year. Its luxury car marker was experiencing "more challenging times," CEO Chris Brownridge told Bloomberg ...