Goodwood, West Sussex - Economic woes in the Far East saw sales and profits slip at Rolls-Royce in 2015 as wealthy buyers held back from splashing out on luxury British cars.
Figures filed for the company showed that income from sales fell 21 percent from £446 million (R10.15 billion) to £353 million (R8.03 billion), while profits dipped from £18.2 million (R414 million) to £16.6 million (R379 million). The company revealed that worldwide sales in 2015 were down nearly seven percent to 3785 compared with the record 4062 the previous year - the first fall in annual sales since 2009.
Rolls-Royce, which has been owned by BMW since 1998, said “significant headwinds impacted negatively on the entire luxury sector and Rolls-Royce was not immune”. However, production was still the second highest in the company’s 112-year history.
Rolls-Royce line-up includes the Phantom, Ghost and Wraith models, as well as the recently launched Dawn soft-top.
Daily Mail