Rolls-Royce Motors - History

History

The original Rolls-Royce Limited had been nationalised in 1971 due to the financial collapse of the company, caused in part by the development of the RB211 jet engine. In 1973, the British government sold the Rolls-Royce car business to allow nationalised parent Rolls-Royce (1971) Limited to concentrate on jet engine manufacture.

In 1980, Rolls-Royce Motors was acquired by Vickers.

Read more about this topic:  Rolls-Royce Motors

Famous quotes containing the word history:

    The history of the world is none other than the progress of the consciousness of freedom.
    Georg Wilhelm Friedrich Hegel (1770–1831)

    In the history of the United States, there is no continuity at all. You can cut through it anywhere and nothing on this side of the cut has anything to do with anything on the other side.
    Henry Brooks Adams (1838–1918)

    The whole history of civilisation is strewn with creeds and institutions which were invaluable at first, and deadly afterwards.
    Walter Bagehot (1826–1877)