-2.1 C
New York City
Thursday, February 2, 2023
Home Around-the-World Rolls-Royce Reports Record Car Sales in 2022, As Orders Stretch Into 2023

Rolls-Royce Reports Record Car Sales in 2022, As Orders Stretch Into 2023

Rolls-Royce on Monday reported record sales last year despite an average price tag of around $534,000 for its luxury cars and a drop in Chinese demand, with orders stretching into 2023.

The British carmaker, which began as Rolls-Royce in Manchester, England nearly 120 years ago and is now owned by Germany’s BMW , said that it sold 6,021 cars in 2022, up from 5,586 in 2021, which was also a record year.

Rolls-Royce’s sales were led by the Americas, with the U.S. remaining its top market with around 35% of sales. In China, the carmaker’s second-largest market, coronavirus-related lockdowns led to a “single-digit drop” in sales.

But CEO Torsten Müller-Ötvös said in an online presentation that this decrease was offset by growth in other markets.

“Our order book stretches far into 2023 for all models,” Müller-Ötvös said. “We haven’t seen any slowdown in orders.”

Rolls-Royce said that pre-orders for its fully-electric Spectre, due to go on sale at the end of 2023, had exceeded all of its expectations.

The CEO told reporters that the growth anticipated for 2023 came despite Rolls-Royce halting sales in Russia, which typically accounted for 250 to 300 units per year, in the wake of its invasion of Ukraine last February.

Müller-Ötvös said the luxury brand’s bespoke, customised approach had lead to “ever more imaginative, personal and technically demanding” orders from customers.

©Copyright MOTORING WORLD INTERNATIONAL. All rights reserved. Materials, photographs, illustrations and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior written permission from Motoring World International


Most Popular

INEOS Grenadier Partners Coscharis Motors in Nigeria

INEOS Automotive has named Coscharis Motors as its official retail partner in Nigeria. The country is now the sixth market in Sub-Sahara Africa to...

Ford to cut prices of Mustang Mach-E, following Tesla’s lead

Ford Motor Co on Monday cut prices of its electric crossover SUV Mustang Mach-E by as much as $5,900 per vehicle, weeks after rival...

Chip Shortage:VW’s Skoda Auto Cuts Production

Volkswagen's Czech subsidiary Skoda Auto is cutting production this week due to chip shortages, trade unions at the carmaker said. Some shifts will be cancelled...

Ojuelegba Truck Accident: Sanwo-olu Directs Trials of Truck Owner, Driver

ROTIMI ASHER, Lagos As Lagos State Government commiserates with the families who lost their loved ones in the Ojuelegba truck accident on Sunday, January 29,...
%d bloggers like this: