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 limitless future of childhood shrinks to realistic proportions, to one of limited chances and goals; but, by the same token, the mastery of time and space and the conquest of helplessness afford a hitherto unknown promise of self- realization. This is the human condition of adolescence.”
—Peter Blos (20th century)