Rolls-Royce sees record 33% boost in luxury car sales

Classic Rolls Royce Germany's BMW, which owns Rolls-Royce, saw vehicles sales across the group rise almost 7% in the period.

Related Stories

Engineering firm Rolls-Royce has seen a record 33% rise in luxury car sales in the half year to June compared with last year.

Sales shifted up a gear to a total of 1,968 luxury cars worldwide, the company said.

Rolls-Royce cars can retail at around £350,000 for top-of-the-range a Phantom model.

Germany's BMW, which owns Rolls-Royce, saw vehicles sales across the group rise almost 7% in the period.

"This is an excellent half-year result and demonstrates the continued confidence that our customers have in our company and our fine cars," said Rolls-Royce Motor Cars chief executive Torsten Müller-Ötvös.

Sales were up in Europe by more than 60%, and up in Asia Pacific by almost 40%, the company said.

Rolls-Royce saw strong demand for its Wraith models, and said it had "significant orders" for its Ghost Series II, which is due out in autumn this year.

Rolls-Royce sales helped to push BMW to record in the first half of the year.

BMW group vehicle sales rose 6.9% on the same period last year, to a total of 1,020,211 vehicles.

However, not all of the group was on an upward trajectory. Mini sales fell 11.4% to 131,896.

More on This Story

Related Stories

More Business stories

RSS

BBC Business Live

  1.  
    INTEREST RATES 06:10: Radio 5 live
    Bank of England

    A rise in interest rates is "long overdue", economist Peter Warburton tells Wake Up to Money. The minutes from August's meeting of the Bank of England's Monetary Policy Committee are out later and could show some members favoured a rate rise. Mr Warburton thinks several economic indicators suggest rates should already have gone up.

     
  2.  
    PALLADIUM PRICES 06:02: Radio 5 live

    Jim Slade, a director of European Exhaust & Catalyst, is on Wake Up to Money talking about palladium, which is used in catalytic converters. The price of palladium has risen by 25% this year. "There's a lot of debate about Russia and whether they have a huge stockpile or whether it's depleted," he says.

     
  3.  
    06:00: Nick Edser, Business reporter

    Good morning. You can email us at bizlivepage@bbc.co.uk and tweet us at @bbcbusiness.

     
  4.  
    06:00: Howard Mustoe Business reporter

    Hello. Today we can look forward to minutes from the Bank of England's Monetary Policy Committee, plus company results and analysis. Stay tuned.

     

Features

From BBC Capital

Programmes

  • Tourists wearing bikinis in MajorcaThe Travel Show Watch

    Why wearing a bikini could land you with a fine on the Spanish island of Majorca

BBC © 2014 The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.