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Rolls-Royce sets sales record in 2021, despite ongoing pandemic

LONDON — Luxury carmaker Rolls-Royce, a unit of Germany's BMW, said on Monday its sales soared 49% to a record high in 2021 despite the global coronavirus pandemic, as demand worldwide for luxury vehicles surged. In an online presentation, Rolls-Royce CEO Torsten Muller-Otvos said the carmaker sold 5,586 vehicles to customers in more than 50 countries, the largest number in its 117-year history despite all the volatility wrought by the pandemic. "In the luxury sector as a whole, the struggle was not so much focused on attempting to find customers, but rather producing enough product to satisfy huge customer demand," Muller-Otvos said. He said sales hit all-time records in most regions, including China and the Americas. Premium and luxury car sales have been growing more broadly in key global markets such as China and the United States as pandemic travel restrictions have left wealthy consumers with more disposable income. "Covid forced many people to ground, not to travel anymore and for that reason there is quite a lot of wealth accumulated and that is spent on luxury goods," Muller-Otvos told Reuters. "We profited from that development." He said the carmaker's British plant in Goodwood was running at close to maximum capacity and its order books were full well into the third quarter of 2022. "If you order a Rolls-Royce today, you will expect to take delivery of it about a year from now," he said. Luxury British carmaker Bentley, a unit of Volkswagen AG said last week that it had cruised to a record year in 2021 as global sales jumped 31% amid strong demand for high-end vehicles. Last week BMW said it had achieved record sales of over 2.2 million vehicles from its BMW brand in 2021, outstripping 2019 sales despite a global shortage of semiconductor chips. Muller-Otvos said that while the chip shortage was cause for concern, Rolls-Royce's parent BMW had "assured that we could take delivery of all the chips we need to build our cars, so we haven't seen any shortages." Related video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.

'Most expensive safety deposit box in the world' has a Rolls-Royce ferry

Ultra-high-end security and storage company International Bank Vaults (IBV) has several locations around the world, but as of next week, none will be more exclusive than the London branch. IBV is set to open a new vault with what's claimed to be the most expensive safety deposit boxes in the world. With price come perks, however, including a personal Rolls-Royce Ghost chauffeur to take customers to and from the vault. According to The Guardian, IBV, owned by South African millionaire Ashok Sewnarain, decided to open the new vault as a response to rapidly increasing demand for private wealth storage from the world's richest people. “We wonÂ’t deal with millionaires," managing director of the new facility Sean Hoey said. "We will be dealing only with billionaires.” For the top tier of the rich, a full room can be rented out for about $3.3 million per year. On a much lower scale, the cheapest available safety deposit box will cost about $785 to rent per year. Those boxes are pretty small, however, at about two inches high, 6.3 inches wide, and 19.3 inches deep. Hoey says it's enough space to store jewelry or "a fair few gold bars."  At this location, when the customers need to deposit or withdrawal spare gold bars in between polishing sessions, a chauffeur will arrive in a Rolls-Royce Ghost for proper luxury transportation. To get to the underground vault, two door people will take clients through fingerprint and iris scans. The vault itself is secured from theft attempts by steel lining in the walls, ceiling, and floor. Read more and see photos of the building on The Guardian. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.

Rolls-Royce's design team renders kids' drawings from worldwide design contest

Back in April, Rolls-Royce put out a call to action to kids around the world. The British luxury carmaker wanted to see children design their dream Rolls-Royce of the future. The motivation for doing so? Winners get to enjoy a chauffeur-driven ride to school in a Rolls-Royce with a friend of their choice. Not a bad prize for a kid who is obsessed with cars. It’s been a few months now, and Rolls-Royce has selected a number of winners. Rolls-Royce ended up slotting all the entries into four categories: Technology, Environment, Fantasy and Fun. That means there are four winners, but three other ideas were so good that Rolls gave them “Highly Commended” awards. Rolls-Royce said it received submissions that were inspired by unicorns, space travel, bumblebees, Pablo Picasso and the Egyption pyramids. After selecting all the winners and “highly commended” entries, Rolls-Royce had its design team transform the drawings into digitally-rendered illustrations. They used the same software and processes that theyÂ’d use when working on an actual Rolls-Royce design. You can click through the winners in the gallery at the top, or scroll down below to see them all, along with their corresponding descriptions. Winners: Technology: Bluebird II Rolls-Royce is back to breaking world speed records! Environment: The Capsule For Earth lovers and those that have peoplesÂ’ health at heart. Fantasy: Turtle Car Inspired by sea and land turtles, the Turtle Car can transport patrons not only by sea and land but by air too. Fun: Glow A dream for the future. This timeless Rolls-Royce demonstrates the full spectrum of creative vision. Highly Commended: Bolt The Pinnacle of Intergalactic Space Travel Prosperity The Rolls-Royce Prosperity is only for the most exacting patrons, who believe ease of travel should never be compromised. House of Esperanto This ultimate flying machine can communicate with every creature and combines all the convenience of a house with the mobility of a car. The ground-breaking technology that allows this development is brought to humanity by a mysterious bird that has been living in outer space for a million years.