The Rolls Royce Cullinan in Mayfair, London. Rolls-Royce's global sales soared to a record high in 2021. Getty Images
The Rolls Royce Cullinan in Mayfair, London. Rolls-Royce's global sales soared to a record high in 2021. Getty Images
The Rolls Royce Cullinan in Mayfair, London. Rolls-Royce's global sales soared to a record high in 2021. Getty Images
The Rolls Royce Cullinan in Mayfair, London. Rolls-Royce's global sales soared to a record high in 2021. Getty Images

Rolls-Royce achieves record car sales in 'phenomenal' 2021


Alice Haine
  • English
  • Arabic

Luxury carmaker Rolls-Royce saw global sales soar 49 per cent to a record high in 2021, despite the Covid-19 pandemic causing production gluts for manufacturers across the automotive industry.

The BMW-owned company sold 5,586 cars to customers in more than 50 countries, the highest figure in the company’s 117-year history, making the brand the “undisputed leader in the €250,000-plus segment”.

Rolls-Royce chief executive Torsten Müller-Ötvös described 2021 as “a phenomenal year” for company.

“I don't think anyone would disagree with me that 2021 was the most volatile, unpredictable and challenging year for businesses across the board,” he said.

“However, in the luxury sector as a whole, the struggle was not so much focused on attempting to find customers, but rather producing enough product to satisfy huge customer demand.”

The buoyant figures came against a drop in sales across the wider car market, with the UK, for example, recording just 1.65 million new cars sold last year — a rise of just 1 per cent on 2020 and a 28.7 per cent contraction from 2019.

  • The new Rolls-Royce Black Badge Ghost has arrived. All photos: Rolls-Royce
    The new Rolls-Royce Black Badge Ghost has arrived. All photos: Rolls-Royce
  • The Black Badge Ghost has all-wheel drive and four-wheel steering
    The Black Badge Ghost has all-wheel drive and four-wheel steering
  • The Ghost's night-time signature from the back
    The Ghost's night-time signature from the back
  • You won't have to worry about rain ruining the paintwork
    You won't have to worry about rain ruining the paintwork
  • It's not all dark inside
    It's not all dark inside
  • It's coming your way
    It's coming your way
  • The signature Spirit of Ecstasy figurine
    The signature Spirit of Ecstasy figurine
  • Some of the new Ghost's speakers
    Some of the new Ghost's speakers
  • Very moody indeed
    Very moody indeed
  • The Black Badge Ghost's 21-inch carbon-fibre wheels
    The Black Badge Ghost's 21-inch carbon-fibre wheels
  • The view when you open the garage doors.
    The view when you open the garage doors.
  • A rear-light detail, recognisable to all fans of the Rolls-Royce brand
    A rear-light detail, recognisable to all fans of the Rolls-Royce brand
  • The design of the Black Badge Ghost adheres to Rolls-Royce's minimalist philosophy
    The design of the Black Badge Ghost adheres to Rolls-Royce's minimalist philosophy
  • On the move
    On the move
  • The grille and figurine on the new Ghost have been given their own dark hue
    The grille and figurine on the new Ghost have been given their own dark hue

Britain’s car industry was hammered by the pandemic in 2020, with new car sales suffering the biggest fall since the 1940s, and an expected recovery in 2021 not materialising as the supply chain crisis saw a global chip shortage that halted manufacturing in factories across the world.

The luxury market appears much more upbeat, with premium and luxury car sales growing more broadly in key global markets such as China and the US as pandemic travel restrictions have left wealthy consumers with more disposable income.

Rolls-Royce reported all-time highs in most of the regions it sells its cars, including China, the Americas and Asia-Pacific.

While the company said there was high demand for all models, the Ghost was particularly popular with an uplift in sales following the launch of the Black Badge Ghost in October.

This, together with the Cullinan and the marque’s “pinnacle product” Phantom, “has ensured order books are full well into the third quarter of 2022,” the company said.

  • The Rolls-Royce Cullinan SUV is powered by a 6.75-litre V12 engine, which gets it from 0 to 100kph in 5.2 seconds
    The Rolls-Royce Cullinan SUV is powered by a 6.75-litre V12 engine, which gets it from 0 to 100kph in 5.2 seconds
  • The off-road button offers five drive modes: snow, mud, sand, gravel and rutted track
    The off-road button offers five drive modes: snow, mud, sand, gravel and rutted track
  • The Hill Descent Control takes care of the throttle on steep descents
    The Hill Descent Control takes care of the throttle on steep descents
  • The Cullinan’s raised height gives it 540 millimetres of wading depth, which the company claims is the highest of any super-luxury SUV
    The Cullinan’s raised height gives it 540 millimetres of wading depth, which the company claims is the highest of any super-luxury SUV
  • A series of stereo cameras adjust the suspension in milliseconds to flatten out bumps or dips before they arrive
    A series of stereo cameras adjust the suspension in milliseconds to flatten out bumps or dips before they arrive
  • The rear offers the option of a 60:40 split-fold three-seat bench or the more traditional four-seat layout
    The rear offers the option of a 60:40 split-fold three-seat bench or the more traditional four-seat layout
  • The Rolls-Royce Hosting Service offers a range of accoutrements and customisation options. Photo: Rolls-Royce
    The Rolls-Royce Hosting Service offers a range of accoutrements and customisation options. Photo: Rolls-Royce
  • Owners can request chilled drinks cabinets with crystal glassware or picnic hampers, for example. Photo: Rolls-Royce
    Owners can request chilled drinks cabinets with crystal glassware or picnic hampers, for example. Photo: Rolls-Royce
  • A photography and drone kit can be installed alongside a computer and iPad, stowed away in an air-conditioned box below the cargo floor. Photo: Rolls-Royce
    A photography and drone kit can be installed alongside a computer and iPad, stowed away in an air-conditioned box below the cargo floor. Photo: Rolls-Royce
  • 'The National'’s review car featured electrically operated, leather chairs that swivel out from the rear floor over the tailgate
    'The National'’s review car featured electrically operated, leather chairs that swivel out from the rear floor over the tailgate
  • The Cullinan SUV is powerful and luxurious, making it a delight for drivers and passengers alike
    The Cullinan SUV is powerful and luxurious, making it a delight for drivers and passengers alike
  • Colonel TE Lawrence famously described his fleet of nine armoured Rolls-Royces as 'more valuable than rubies'. Photo: Rolls-Royce
    Colonel TE Lawrence famously described his fleet of nine armoured Rolls-Royces as 'more valuable than rubies'. Photo: Rolls-Royce

Its pre-owned programme also achieved record high sales in 2021, while its bespoke commissions remain at record levels with one example including the Phantom Oribe co-created with Hermès, alongside the Phantom Tempus, and Black Badge Wraith and Black Badge Dawn Landspeed Collection cars.

Based at Goodwood in West Sussex, Rolls-Royce is continuing to develop its first pure electric car, Spectre, which is scheduled to be released in the final three months of 2023.

The brand’s aim to deliver Spectre to the market by the fourth quarter of next year is on track, with “the most punishing testing protocol ever conceived for a Rolls‑Royce” now under way, the company said.

As the brand shifts towards an all-electric future, the company stressed it is continuing to meet the surge in demand for its current portfolio through a flexible manufacturing process for its 2,000 staff at its West Sussex hub and in other parts of the world.

“The Rolls-Royce factory at Goodwood is currently running at near-maximum capacity, on a two-shift pattern to fulfil orders from clients around the world,” the company said, with 37 new apprentices joining the company in September this year to help meet demand.

“We delivered more cars than at any time in the marque's 117-year history with unprecedented demand for all products in every global market,” Mr Müller-Ötvös said.

“Building on this year's success, we will continue to evolve as a true luxury brand, beyond the realms of automotive manufacturing.”

Why it pays to compare

A comparison of sending Dh20,000 from the UAE using two different routes at the same time - the first direct from a UAE bank to a bank in Germany, and the second from the same UAE bank via an online platform to Germany - found key differences in cost and speed. The transfers were both initiated on January 30.

Route 1: bank transfer

The UAE bank charged Dh152.25 for the Dh20,000 transfer. On top of that, their exchange rate margin added a difference of around Dh415, compared with the mid-market rate.

Total cost: Dh567.25 - around 2.9 per cent of the total amount

Total received: €4,670.30 

Route 2: online platform

The UAE bank’s charge for sending Dh20,000 to a UK dirham-denominated account was Dh2.10. The exchange rate margin cost was Dh60, plus a Dh12 fee.

Total cost: Dh74.10, around 0.4 per cent of the transaction

Total received: €4,756

The UAE bank transfer was far quicker – around two to three working days, while the online platform took around four to five days, but was considerably cheaper. In the online platform transfer, the funds were also exposed to currency risk during the period it took for them to arrive.

A timeline of the Historical Dictionary of the Arabic Language
  • 2018: Formal work begins
  • November 2021: First 17 volumes launched 
  • November 2022: Additional 19 volumes released
  • October 2023: Another 31 volumes released
  • November 2024: All 127 volumes completed
The lowdown

Rating: 4/5

Kanguva
Director: Siva
Stars: Suriya, Bobby Deol, Disha Patani, Yogi Babu, Redin Kingsley
Rating: 2/5
 
Updated: January 10, 2022, 12:43 PM