INSEAD Day 4 - 728x90

Borouge okays $656m dividend

The company said dividend reflects its resilience

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Rolls-Royce sells record cars

the emblematic British car brand became part of German auto giant BMW in 1998. (AFP)
  • "2022 has been a momentous year for Rolls-Royce Motor Cars," said chief executive Torsten Muller-Otvos.
  • Orders for Spectre, its first all-electric car that launches later this year, beat expectations, the company reported.

London, United Kingdom – Rolls-Royce Motor Cars sold a record number of its luxury vehicles last year, the UK-based group announced Monday, voicing “cautious” optimism for 2023 even as inflation remains sky-high.

Sales last year advanced eight percent to a record 6,021 cars thanks to strong worldwide demand.

This was up from an all-time peak of 5,586 in 2021, the German-owned luxury carmaker said in a statement.

Orders for Spectre, its first all-electric car that launches later this year, beat expectations.

“2022 has been a momentous year for Rolls-Royce Motor Cars,” said chief executive Torsten Muller-Otvos.

“While we are not immune to global challenges and economic headwinds, thanks to our balanced worldwide sales strategy, we are cautiously optimistic that 2023 will be a strong year for Rolls‑Royce.”

Founded at the beginning of the 20th century, the emblematic British car brand became part of German auto giant BMW in 1998.