Rolls-Royce rides ongoing luxury demand to sales record in 2022

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Rolls-Royce rides ongoing luxury demand to sales record in 2022
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Rolls-Royce on Monday reported record sales last year despite an average price tag of around $534,000 for its luxury cars and a drop in Chinese demand, with orders stretching into 2023.

The British carmaker, which began as Rolls-Royce in Manchester, England nearly 120 years ago and is now owned by Germany's BMWRolls-Royce's sales were led by the Americas, with the U.S. remaining its top market with around 35% of sales. In China, the carmaker's second-largest market, coronavirus-related lockdowns led to a "single-digit drop" in sales.

"Our order book stretches far into 2023 for all models," Müller-Ötvös said. "We haven't seen any slowdown in orders."

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