Find a 1939 Rolls Royce Phantom 11 images for your creative needs, desktop wallpaper or Android device. This article is about the business between 1904 and 1987.
For the present day owners of the same business enterprise, see Rolls-Royce Holdings for aero-engines etc. and Rolls-Royce Motor Cars. For other uses, see Rolls-Royce (disambiguation).
Rolls-Royce Limited owned a British luxury car and aero engine manufacturing business founded in 1904 by Charles Stewart Rolls and Frederick Henry Royce. Rolls-Royce Limited was incorporated on 15 March 1906 as a vehicle for their ownership of their Rolls-Royce business. Their business quickly developed a reputation for superior engineering quality and for manufacturing the "best car in the world", building on F H Royce's existing standing. Rolls-Royce became a leading manufacturer of piston aero-engines after it was brought into building them by the First World War.
From 1940, Rolls-Royce participated in the development of the jet engine and built for itself, and retains, a pre-eminent position in aero engine development and manufacture for use in defence and civil aircraft.
In the late 1960s, Rolls-Royce Limited became hopelessly crippled by its mismanagement of development of its advanced RB211 jet engine and the consequent cost over-runs. In 1971 their financial collapse was dealt with by sale, at a price which took some years to negotiate, of the entire business to a new government-owned company, Rolls-Royce (1971) Limited. Insolvent Rolls-Royce Limited was put into liquidation. Everything that could be sold off was sold off, but more than 46 years later there are still assets remaining to be sold.
Rolls-Royce (1971) Limited continued to trade and realise the surplus assets bought from the former company. BAC was sold almost immediately, the profitable but now financially insignificant car division transferred in 1973 to a new subsidiary, Rolls-Royce Motors Holdings Limited, was sold to Vickers in 1980.
In 1977 Rolls-Royce (1971) Limited, given the necessary consent, was renamed Rolls-Royce Limited. It remained nationalis ...
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