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Rolls Royce car: Strong demand revs Rolls-Royce car sales to a record high in 2021

Luxury carmaker Rolls-Royce, a unit of Germany’s , mentioned on Monday its sales soared 49% to a record high in 2021 regardless of the worldwide coronavirus pandemic, as demand worldwide for luxury vehicles surged.

In a web based presentation, Rolls-Royce CEO Torsten Müller-Ötvös mentioned the carmaker bought 5,586 autos to clients in greater than 50 nations, the biggest quantity in its 117-year historical past regardless of all of the volatility wrought by the pandemic.

“In the luxury sector as a whole, the struggle was not so much focused on attempting to find customers, but rather producing enough product to satisfy huge customer demand,” Müller-Ötvös mentioned.

He mentioned sales hit all-time information in most areas, together with China and the Americas.

Premium and luxury car sales have been rising extra broadly in key international markets similar to China and the United States as pandemic journey restrictions have left rich customers with extra disposable earnings.

Covid forced many people to ground, not to travel anymore and for that reason there is quite a lot of wealth accumulated and that is spent on luxury goods,” Müller-Ötvös informed Reuters. “We profited from that development.”

He mentioned the carmaker’s British plant in Goodwood was operating at shut to most capability and its order books have been full nicely into the third quarter of 2022.

“If you order a Rolls-Royce today, you will expect to take delivery of it about a year from now,” he mentioned.

Luxury British carmaker Bentley, a unit of Volkswagen AG mentioned final week that it had cruised to a record 12 months in 2021 as international sales jumped 31% amid robust demand for high-end autos.

Last week BMW mentioned it had achieved record sales of over 2.2 million autos from its BMW model in 2021, outstripping 2019 sales regardless of a international scarcity of semiconductor chips.

Müller-Ötvös mentioned that whereas the chip scarcity was trigger for concern, Rolls-Royce’s dad or mum BMW had “assured that we could take delivery of all the chips we need to build our cars, so we haven’t seen any shortages.”

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