Rolls-Royce: global car deliveries 2023
Rolls-Royce Motor Cars delivered approximately 6,000 automobiles in the 2023 fiscal year, representing an increase of 11 vehicles compared to the previous year. The luxury auto brand is a wholly owned subsidiary of BMW. The brand reported record sales that year, in parts due to the release of the first deliveries of its Spectre model in autumn 2023.
Rolls-Royce and Brexit
Rolls-Royce hit record numbers for the second year straight in 2019. However, international new light vehicle sales remained flat between 2016 and 2019, and significantly declined in 2020. Furthermore, the United Kingdom’s potential departure from the European Union causes some worry amongst UK-based automakers, including Rolls-Royce: West Sussex, England, is home to the headquarters, design, and manufacturing facilities of Rolls-Royce Motor Cars. Roughly 90 percent of the finished vehicles at this plant were exported out of the United Kingdom to other regions of the world. Following Brexit, the UK government had to renegotiate trade deals with the EU and governments around the world. The United States and China will be a particularly important trading partners in the future. The U.S. is the largest market for Rolls-Royce, accounting approximately 30 percent of their sales. China is the second largest market and has been growing considerably. Post-Brexit laws may affect the goods and parts that are used to make Rolls-Royce automobiles. According to Rolls-Royce’s CEO, only 10 percent of parts for Roll-Royce vehicles come from the UK.