Rolls-Royce posts 25% jump in sales thanks to Cullinan demand
Tue, Jan 7 2020
Luxury carmaker Rolls-Royce said on Tuesday it recorded a 25% jump in sales in 2019, underpinned by solid demand for its first-ever SUV, Cullinan, just a year after the launch.
The 116-year-old British company said it sold a record 5,152 cars in 2019, compared with 4,107 units in the prior year.
"Worldwide demand last year for our Cullinan SUV has driven this success and is expected to stabilize in 2020," Chief Executive Officer Torsten Mueller-Oetvoes said in a statement. The Cullinan was unveiled in 2018.
The BMW-owned brand's strong numbers serve as a breather at a time when the global automobile industry is still grappling with various challenges amid a broader economic slowdown that dented sales of many automakers.
North America continued to be the biggest contributor with about a third of Rolls-Royce's total sales, followed by China and Europe.
Related Video:
By Reuters
See also: Artistic Rolls-Royce Phantom challenges the Cybertruck for 2019's most polarizing ride, Custom Rolls-Royce Rose Phantom is a private garden party for two, 'Most expensive safety deposit box in the world' has a Rolls-Royce ferry.