Rolls-Royce Motor Cars

Rolls-Royce 'prepared for no-deal Brexit'

Today Programme

BBC Radio 4

Rolls-Royce engineer
PA Media

Rolls-Royce chief executive Warren East has said that his company is ready for a no-deal Brexit if it happens.

He told the Today programme that the firm was as prepared as it had been in March for the UK's departure from the EU.

And he added: "We’ve grown the amount of inventory that we have and other measures to deal with issues around Brexit, at a total cost of around £100m.

"We would obviously prefer a deal, because that is the best chance of providing certainty for business, but we’ve always been prepared for a no deal of some kind.

"We’re not a 'just in time business' and we are actually in a much stronger business than others.

"Most of our business is in aerospace and WTO rules apply anyway."

Rolls-Royce motors to double-digit growth

Rolls-Royce logo
Getty Images

Luxury carmaker Rolls-Royce expects to achieve double-digit sales growth in China this year its chief executive told Reuters at the Shanghai Autoshow.

Torsten Muller-Otvos said: "We are well set up for again quite a good growth rate in 2019. We definitely see double-digit growth," said the boss of the BMW-owned Rolls-Royce Motor Cars.

However he added that growth is unlikely reach the 40% level of last year. "I don't think so. That would be a little bit too much," he said.

How Ernest Hives' Merlin engine powered the Spitfire
Historians have been celebrating the life of former Rolls-Royce chairman Ernest Hives.

Classic Rolls Royce to be restored after years in storage

Hamish Marshall

BBC Spotlight

A classic car enthusiast from Dawlish is trying to bring a 1930s Rolls Royce - hidden away for years - back to life.

The car was lost for a decade after being hidden to avoid German bombing during World War Two and spent most of the next 70 years inside a barn on a farm in Wales.

It has fewer than 8,000 miles on the clock.

1930s Rolls Royce
BBC
The 1935 Rolls Royce has fewer than 8,000 miles on the clock

Classic car enthusiast Mike Waters said it would take lots of work to get it on the road but it would be worth it.

There are a few thousand hours of work in there, and a few long nights. I'm not doing it as part of my job, I'm doing it as my passion and my hobby. It's evenings and weekends, so things do take time."

Mike Waters

Rolls-Royce to shut early for England v Croatia

Rolls-Royce car
Getty Images

Business Live is delighted to see that Rolls-Royce Motor Cars is getting its priorities right - it is closing early so workers can get home (or to the pub) to watch England play Croatia tonight in the World Cup semi-final.

It says: "In an unprecedented move, and for one evening only, all production will be suspended at the home of Rolls-Royce at Goodwood, which is the marque's sole global manufacturing facility."

That's the spirit.

Come on England!