Rolls-Royce was acquired by BMW. Rolls-Royce Ltd is also translated as "Rolls-Royce". The translation of Rolls-Royce is mainly used for automobiles. It was officially established in the United Kingdom in 1906. After debt losses led to bankruptcy in 1971, the British government intervened and split Rolls-Royce into two companies: automobiles and aero-engines.

The Rolls-Royce brand is still used by both companies on two products. Rolls-Royce Aero Engines is one of the world's three largest aero-engine manufacturers. Rolls-Royce Motor Cars has done little, and in 2003 Rolls-Royce Motor Cars was merged into Germany's BMW Group.

Extended information:

On March 30, 1998, the British Vickers Group announced that the German BMW Automobile Manufacturing Company would buy out the group's labor companies for 1 billion marks. Slys Motor Manufacturing Company. Since the group announced in October 1997 that it would sell Rolls-Royce, Germany's BMW and Volkswagen competed to bid for it, but Rolls-Royce ultimately chose BMW.

On April 20, Volkswagen, which has a special liking for the famous British car Rolls-Royce, announced that it would continue to compete with BMW for the right to acquire Rolls-Royce. Since the final decision will be made by the Vickers Group's shareholders' meeting at the end of April, Volkswagen said it would come up with a higher offer and a revised business development plan to protect Rolls-Royce's famous brand products.

Two of Vickers Group's larger shareholders are unhappy with the sale of Rolls-Royce to BMW. Therefore, Vickers Group hoped that BMW would increase its offer, but was rejected, saying that Mark 1 billion was the highest offer. On July 3, Vickers Group decided to sell Rolls-Royce to Volkswagen for 1.44 billion marks. ?

On July 28, less than a month after spending a huge sum of money to purchase Rolls-Royce, Volkswagen announced that it would give it to BMW. BMW reversed its recently announced decision to stop providing engines and other accessories to Rolls-Royce and agreed to allow Volkswagen to produce Rolls-Royce until December 31, 2002.

Baidu Encyclopedia-Rolls-Royce

Baidu Encyclopedia-Rolls-Royce