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Rolls-Royce CEO says demand for luxury cars is recovering

LONDON — The chief executive of Rolls-Royce said demand for his company's luxury cars is rebounding, helped by sales in Asia, and he is optimistic about the outlook for next year after the coronavirus pandemic hit consumer confidence and closed dealerships. Torsten Muller-Otvos said the demand meant Rolls-Royce was the first car company to resume car production in the United Kingdom on May 4. "We see a very fruitful business now coming back from Asia, also Europe is coming back on track, the Americas just delivered an excellent July result and August result," the boss of the BMW-owned Rolls-Royce Motor Cars told Reuters. "I am quite optimistic looking into 2021, particularly on the back of a very strong order bank we have already on our books." Muller-Otvos said his company has no plans to move production out of the United Kingdom because of Brexit. "We are committed to Britain. I would even call us being part of the British industrial crown jewels," he said. "For that reason, Rolls-Royce belongs to Britain."

Rolls-Royce posts 25% jump in sales thanks to Cullinan demand

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:

Rolls-Royce readying Wraith convertible

For seven years, Rolls-Royce got by on the Phantom line alone, expanding on the original saloon with a long-wheelbase version, a coupe and the convertible. But now that the Ghost is part of the family, Goodwood seems to be following a similar expansion.
What started with the Ghost sedan has since been joined by the extended-wheelbase model and the Wraith fastback coupe. And now we're receiving spy shots of a Wraith-based convertible undergoing testing.
Potentially to be called the Wraith Drophead Coupe like its larger Phantom-based counterpart, the cabrio is likely to borrow much from the Wraith fastback - including its 6.6-liter twin-turbo V12 producing 624 horsepower and 590 pound-feet of torque - but with a folding cloth roof mechanism to let the wind and engine note in, although the prototype pictured here is wearing a makeshift hardtop.