Rolls-Royce, the British maker of engines, announced further restructuring Wednesday that could result in the sale of its commercial marine business.
"Building on our actions over the past two years, this further simplification of our business means Rolls-Royce will be tightly focused into three operating businesses," chief executive Warren East said in a statement.
The company that makes power systemsRead more
Giles Taylor has worked on projects such as the Phantom VIII since he became director of design at
Rolls-Royce in 2012. In an exclusive interview with Arab News, Taylor explained the challenges of designing the Phantom VIII, which he says combines “handmade ingenuity” and the latest technology, and Rolls-Royce’s approach to innovation.
Q: What kind of challenges have there beenRead more
Call it horrifying bizarre or what you will.
A Rolls-Royce Phantom car got dragged into a 6-foot-deep sinkhole bang in the middle of a road in China.
It happened in Harbin, the capital city of China's northeastern Heilongjiang province on October 1, according to Channel News Asia.
"I was waiting at the traffic light and was just about to startRead more
Ferrari has confirmed it is considering making a utility vehicle that will “reinvent” the segment as part of its efforts to double its profits in the next five years. Details of the plan will be announced by the company next year when it presents its new five-year plan.
Ferrari is considering adding a roomy four-seat utility vehicle as part ofRead more
They once famously boasted that the only sound to be heard inside a Rolls-Royce was the ticking of the clock. Soon, they will be even quieter.
The luxury car-maker will go electric in the next 10 years, its chief executive has told Arab News.
“Electrification is definitely the route to go,” Torsten Muller-Otvos said. “We have already launched last yearRead more
Rolls-Royce has unveiled a new bespoke motor car that builds on its coachbuilding heritage, and reinforces its position in luxury car market.
Commissioned by an anonymous Rolls-Royce connoisseur, the one-off motor car features the swept-tail design of certain Rolls-Royces from the 1920s, and has been named the 'Sweptail'. The two-seater coupé features a panoramic glass roof, and was unveiled toRead more
In the automotive industry, there is, arguably, only one true blue-blooded brand - and that's the Rolls-Royce. The world knows of its long-established heritage, unparalleled luxury and, of course, its lofty pricing. To ensure its brand value does not plateau amongst the upper echelons, Rolls-Royce revitalises its range every now and then; this time, it's with a new variant calledRead more
From the creation of “New Phantom” in 1925, every generation of this most fabled name in luxury has served to define its moment, not only in Rolls-Royce’s history, but also in world history. Quite simply, it has been the choice of the people who have defined our world and made it turn for the last 90 years.
Phantom I carriedRead more
Rolls-Royce Holdings Plc’s annual earnings fell less than expected as Europe’s biggest aircraft-engine maker deepened cost cuts and a late production surge at Airbus Group boosted revenue.
Pretax profit fell 49 per cent to 813 million pounds ($1.02 billion) from 1.4 billion pounds a year earlier, London-based Rolls-Royce said in a statement on Tuesday. Analysts had forecast a figure ofRead more
British engine maker Rolls-Royce slumped into a record £4.0-billion annual net loss in 2016, ravaged by the Brexit-fuelled collapse in the pound and a corruption fine.
The loss after taxation, equivalent to $5.0 billion or 4.8 billion euros, contrasted with a slender net profit of £84 million in the previous financial year, the company said in a results statement --Read more