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 all hitherto existing society is the history of class struggles.
    Karl Marx (1818–1883)

    So in accepting the leading of the sentiments, it is not what we believe concerning the immortality of the soul, or the like, but the universal impulse to believe, that is the material circumstance, and is the principal fact in this history of the globe.
    Ralph Waldo Emerson (1803–1882)

    The history of reform is always identical; it is the comparison of the idea with the fact. Our modes of living are not agreeable to our imagination. We suspect they are unworthy. We arraign our daily employments.
    Ralph Waldo Emerson (1803–1882)