Rolls-Royce Limited was a renowned British car manufacturing company and later, aero-engine manufacturing company founded by Charles Stewart Rolls and Sir Frederick Henry Royce on 15 March 1906 as the result of a partnership formed in 1904.
In 1971, Rolls-Royce was crippled by the costs of developing the advanced RB211 jet engine, resulting in the nationalization of the company as Rolls-Royce (1971) Limited. In 1973, the car division was separated from the parent company as Rolls-Royce Motors. Rolls-Royce (1971) Limited continued as a nationalized company until it was privatised in 1987 as Rolls-Royce plc.
Read more about Rolls-Royce Limited: History, Rolls-Royce of America, See Also
Famous quotes containing the word limited:
“The world of the egotist is, inevitably, a narrow world, and the boundaries of self are limited to the close horizon of personality.... But, within this horizon, there is room for many attributes that are excellent....”
—Ellen Glasgow (1873–1945)