*** Welcome to piglix ***

Rolls-Royce Motors

Rolls-Royce Motors
Private
Industry Automotive
Fate Sold to Volkswagen Group
Successor Rolls-Royce Motor Cars Limited
Founded 1973 (1973)
Defunct 1998; 19 years ago (1998)
Headquarters United Kingdom
Products Automobiles
120 million (2008 est.)
Owner Vickers plc

Rolls-Royce Motors was a British car manufacturer, created in 1973 during the de-merger of the Rolls-Royce automotive business from the nationalised Rolls-Royce Limited. Vickers acquired the company in 1980 and sold it to Volkswagen in 1998.

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.

In 1998, Vickers plc decided to sell Rolls-Royce Motors. The leading contender seemed to be BMW, who already supplied internal combustion engines and other components for Rolls-Royce and Bentley cars. Their final offer of £340m was outbid by Volkswagen Group, who offered £430m.

As part of the deal, Volkswagen Group acquired the historic Crewe factory, plus the rights to the "Spirit of Ecstasy" mascot and the shape of the radiator grille. However, the Rolls-Royce brand name and logo were controlled by aero-engine maker Rolls-Royce plc, and not Rolls-Royce Motors. The aero-engine maker decided to license the Rolls-Royce name and logo to BMW and not to Volkswagen, largely because the aero-engine maker had recently shared joint business ventures with BMW. BMW paid £40m to license the Rolls-Royce name and "RR" logo, a deal that many commentators thought was a bargain for possibly the most valuable property in the deal. Volkswagen Group had the rights to the mascot and grille but lacked rights to the Rolls-Royce name in order to build the cars, likewise BMW had the name but lacked rights to the grille and mascot.


...
Wikipedia

...