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:
“Our liberty depends on the freedom of the press, and that cannot be limited without being lost.”
—Thomas Jefferson (1743–1826)