According to the figures, Rolls-Royce had the best quarter in its 116-year history, as its sales reached records. In the past quarter, the company delivered 1,380 cars, 62% more than 2020. Moreover, it surpassed the previous record set in 2019.
The record was due to the sales reported for its Cullinan SUV, which has a starting price of $335,000 but usually tops $400,000 after options and customizations. The demand for Royce’s expensive models continues its momentum “with order books extending well into the second half of 2021.”
Torsen Muller-Otvos, the company’s CEO, stated: “We’ve responded to recent challenges with our customary boldness, imagination and inventiveness, underpinned by meticulous planning and a relentless focus on our customers’ needs and requirements.”
At the moment of writing, Rolls Royce stock price is 0.75% higher.
Sources: cnbc.com, finance.yahoo.com