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FILE PHOTO: A customer walks next to a Rolls Royce for sale at a second hand car showroom Classic Motors Showroom in Sanabis, west of Manama, Bahrain, April 11, 2019. Picture taken April 11, 2019. REUTERS/Hamad I Mohammed
FILE PHOTO: A customer walks next to a Rolls Royce for sale at a second hand car showroom Classic Motors Showroom in Sanabis, west of Manama, Bahrain, April 11, 2019. Picture taken April 11, 2019. REUTERS/Hamad I Mohammed

Carmaker Rolls-Royce annual sales surge 25%

  • The BMW-owned brand's strong numbers serve as a breather at a time when the global automobile industry is still grappling with various challenges amid a broader economic slowdown that dented sales of automakers such as Volkswagen and Ford Motor Co.

Luxury carmaker Rolls-Royce said on Tuesday it recorded a 25% jump in sales in 2019, underpinned by solid demand for its first-ever SUV, Cullinan, just a year after the launch.

The 116-year-old British company said it sold a record 5,152 cars in 2019, compared with 4,107 units in the prior year.

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"Worldwide demand last year for our Cullinan SUV has driven this success and is expected to stabilise in 2020," Chief Executive Officer Torsten Mueller-Oetvoes said in a statement.

The Cullinan was unveiled in 2018.

The BMW-owned brand's strong numbers serve as a breather at a time when the global automobile industry is still grappling with various challenges amid a broader economic slowdown that dented sales of automakers such as Volkswagen and Ford Motor Co.

North America continued to be the biggest contributor with about a third of Rolls-Royce's total sales, followed by China and Europe.

This story has been published from a wire agency feed without modifications to the text.

  • First Published Date : 07 Jan 2020, 11:32 AM IST