Is Rolls Royce Owned By BMW?
Do you wonder if Rolls Royce is owned by BMW? The answer to this question is partly no and partly yes. The Rolls-Royce company has always been around for a long time. It is a renowned luxury brand producing expansive and fancy vehicles, but things got complicated in 1998.
Before 1998, Rolls-Royce made both cars and airplane engines. By 1998, the car arm of Rolls-Royce was sold, and two companies were involved. BMW secured the rights to make new Rolls-Royce cars, the famous logo, and the cool hood ornament, which is the so-called “Spirit of Ecstasy.”
Along the line, somehow Volkswagen also secured the right to make Bentley a renowned luxury brand and some old Rolls-Royce. Since 2003 only BMW has been making new Rolls-Royce.
DID YOU KNOW?
Did you know that the Spirit of Ecstasy, the iconic figurine adorning the hood of Rolls-Royce cars, was originally named “Silver Ghost”? However, the name was deemed too generic, and Charles Sykes, the figurine’s sculptor, later suggested “Spirit of Ecstasy,” which resonated better with the brand’s image of luxury and grace.
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Did The Integrity of Rolls-Royce Diminish as it Merged With BMW?
Well contrary to the idea that the Merger between BMW and Rolls-Royce would lead to a reduction in the quality of the cars produced, the Merger is now helping to see that all Rolls-Royce owners are enjoying the luxury and excellence of Roll-Royce alongside the driveability, and service-ability of BMW.
Most luxury brands sacrifice good looks and elegance for functionality, this Merger has revolutionized the looks of Rolls-Royce making it more practical and resilient.
In 2014, Rolls-Royce sold 4,063 cars, the highest sales ever recorded since the Merger. This became a testament to the progress of the company. Commenting on the sales record. the CEO, Muller-Otvos said: “The result confirms that our strategy of balanced, sustainable, and profitable growth is delivering and that Rolls-Royce remains the world’s leading luxury goods brand”. Do you think any element of Rolls-Royce integrity was ever lost?
Rolls-Royce, the iconic British manufacturer of luxury cars, has been acquired by German automaker BMW for $572 million.
This deal highlights the increasing globalization of the auto industry, where national ownership is becoming less relevant.
While some workers fear the loss of British identity, BMW assures them that the brand’s character will be preserved. However, BMW engines and components are already used in Rolls-Royce models, hinting at potential changes under German ownership.
BMW plans to invest heavily in developing new Rolls-Royce models and aims to double production, potentially impacting the workforce and brand identity. This acquisition signifies a growing trend of international collaboration and competition in the luxury car market.
DID YOU KNOW?
The BMW’s headquarters in Munich, Germany, was deliberately built to resemble a four-cylinder engine.
Why Get a Second-Hand Rolls-Royce?
Surely the Rolls-Royce brand is one of the most sought-after luxury brands in the whole world, sometimes no one cares if you are driving a new one or a fairly used vehicle. Let us now consider some of the benefits of getting a fairly used Rolls-Royce.
Lower Price
Being a luxury brand, the price reduction might as well be the biggest advantage of buying a used Rolls-Royce vehicle. However, before making any used vehicle purchase it is advised that you get an accurate vehicle history report. This report contains historical information about any used vehicle, it helps buyers and sellers to know if a vehicle was involved in an accident before now or has a loan, open safety recall, and other things that a mechanical inspection may not decipher.
You can use the BMW VIN decoder to learn more about specifications and run a VIN check to gain access to a vehicle history report.
Once you have decided to purchase a used Roll-Royce you can purchase from a dealer or at an online auction. Whichever method you choose to use, be sure to inspect the vehicle before buying.
Low Tax Rates
New cars, especially luxurious ones such as Rolls Royce will require more taxation fees, however, these fees are lowered when purchasing used ones. You can have less registration cost, low tax cost, etc, the cost that you save can then be channeled into customizing your vehicle.
Enjoyment of Luxuries
Getting a second hand Rolls-Royce is the easiest way to launch one into a luxurious life at half the price.
The fact that it is a second-hand vehicle does not make it less sophisticated than the new one, and depending on the maintenance rate you can get a fairly used Rolls-Royce that you will enjoy, over a long period.
Family Legacy
After you have enjoyed your vehicle, your children will see it as a legacy and unless it is sold, generations to come will always feel the pride of having a Rolls-Royce in the garage.
DID YOU KNOW?
Almost 65% of all Rolls-Royce cars ever produced are still on the road today. This incredible longevity speaks to the exceptional quality and craftsmanship that goes into each vehicle, making them true automotive works of art that stand the test of time.
Where can I get a BMW VIN Lookup?
In simple terms, you can get a BMW VIN lookup with a BMW VIN decoder, this online service provider provides its users with a piece of accurate historical information about any used vehicle of BMW.
The VIN lookup is usually conducted using the Vehicle Identification Number (VIN) which is a 17-digit alphanumeric code. The VIN can be found on modern vehicle’s dashboards, door jambs, windshields, engine blocks, and paper works.
The VIN is usually scanned or typed into the form field provided on the website. Once this is done the user checks out and is provided with a detailed history report. The report will include the following:
- Accident history
- Repair records
- Odometer readings
- Open recalls
- Title brands
- Theft history
- Registration history
- Lemon history
- Maintenance records
Having these details gives one the peace of mind and conviction needed to make the right buying or even selling decision for any vehicle.
Conclusively, despite being a stand-alone company producing exotic and luxurious cars for years, the Rolls-Royce company is now wholly owned by BMW, and the merger is currently helping to the continuity of this brand.
Here are some unique facts about BMW Auto Auctions and crashed BMWs
- The most expensive car ever sold at a BMW auction was a 1955 BMW 507 Series 2. It sold for a whopping $4.1 million in 2018.
- In 2021, a group of teenagers in the UK accidentally purchased a crashed BMW at auction for just £350 ($470). They later discovered that the car was a rare BMW M3 worth an estimated £20,000 ($27,000).
- BMW holds its own classic car auction every year at its headquarters in Munich, Germany. The auction features rare and classic BMWs from throughout the company’s history.
- There are a number of online auction sites that specialize in selling used and salvaged BMWs. These auctions can be a great way to find a good deal on a BMW, but it is important to be aware of the risks involved in buying a car at auction.
- If you are considering buying a crashed BMW at auction, it is important to have the car inspected by a qualified mechanic before you bid. This will help you to avoid buying a car that is more damaged than you realize.
