Showing posts with label Rolls Royce. Show all posts
Showing posts with label Rolls Royce. Show all posts

Tuesday, March 28, 2023

3/4 of PPP Funds Accrued into the Top 20% of Households

Sometimes living in the U.S. feels like living in Ukraine.  And where who is in office matters not a whit. 

Rolls Royce had a record year in 2022.  How did that happen, how does a luxury car brand, the top luxury car brand, have a record year in a recession?  Depends on who you ask.  

Rolls-Royce sold a record number of cars last year, driven by demand in the US — its biggest market. 

The UK-based carmaker sold 6,021 cars, an 8 percent rise on 2021 — and the highest annual figure in its 119-year history. 

 The company expects to deliver record profits when it discloses financial figures in the coming weeks. 

 About a third of its sales are in the Americas, while a quarter are in China and a fifth in Europe. 

Sales in China fell slightly because of lockdowns and the government’s zero-Covid-19 policy. 

The overall sales boost was helped by customization, which also rose to highs as luxury car buyers fitted out their models with “ever more imaginative” add-ons. 

The bespoke features, from the type of carpet inside a vehicle to personalized paintwork, helped raise the price of an average Rolls-Royce car above €500,000 for the first time.