ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for discussion Register to chat with like-minded investors on our interactive forums.

RR. Rolls-royce Holdings Plc

414.50
-0.30 (-0.07%)
Last Updated: 09:00:59
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Rolls-royce Holdings Plc LSE:RR. London Ordinary Share GB00B63H8491 ORD SHS 20P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.30 -0.07% 414.50 414.50 414.70 416.50 413.50 415.80 617,855 09:00:59
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Aircraft Engine,engine Parts 16.49B 2.41B 0.2884 14.42 34.79B

Rolls-Royce Won't Launch First SUV Before 2018

04/03/2015 3:29pm

Dow Jones News


Rolls-royce (LSE:RR.)
Historical Stock Chart


From Apr 2019 to Apr 2024

Click Here for more Rolls-royce Charts.

By Ilka Kopplin

GENEVA--Luxury car maker Rolls-Royce Holdings PLC (RR.LN) will start selling its first sports-utility vehicle in 2018 at the earliest, the chief executive of the BMW AG (BMW.XE) subsidiary said Wednesday.

The SUV that Rolls-Royce had announced a few weeks ago will enter the market "not yet in 2017," Torsten Muller-Otvos said in an interview at the Geneva Motor Show.

The brand's annual sales can rise to between 5,500 and 6,500 vehicles without harming its exclusivity, he said, but stressed that Rolls-Royce doesn't have a particular sales target to reach. Last year, the U.K. company sold 4,063 cars.

Mr. Muller-Otvos reiterated that he is confident that his brand can increase sales by at least one car this year. The unit had a "good" start to 2015, and Mr. Muller-Otvos predicted strong sales in the U.S., the Middle East and Asia.

Business in Russia is difficult and China has become a challenging market due to a government crackdown on corruption, he said.

Write to Ilka Kopplin at ilka.kopplin@wsj.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


1 Year Rolls-royce Chart

1 Year Rolls-royce Chart

1 Month Rolls-royce Chart

1 Month Rolls-royce Chart

Your Recent History

Delayed Upgrade Clock