While news of Brexit hit us hard in the Summer, the issues it gave birth to are still being addressed, with international trade being a subject under the spotlight. With rumours circulating that Rolls Royce Motor Cars planned to relocate overseas in a plea to save the company’s profit margins, the RR boss, Torsten Müller-Ötvös, told Sky they will be staying put.
“Success for Rolls-Royce is success for Great Britain and we reaffirm our commitment to maintaining the home of Rolls-Royce in the UK,” Torsten Müller-Ötvös, told Sky this week.
Revealing positive sales figures for 2016, the firm saw a 6% rise on last year to 4,011 vehicles.
As one of the firms unafraid to progress their opinion regarding Brexit pre-vote, the car tycoon wrote the following in a letter to BMW and Rolls Royce staff:
“Free trade is important for international business,” he wrote. “Rolls-Royce Motor Cars exports motor cars throughout the EU and imports a significant number of parts through the region.
“For BMW Group, more than half of Minis built and virtually all the engines and components made in the UK are exported to the EU, with over 150,000 new cars and many hundreds of thousands of parts imported from Europe each year.
“Tariff barriers would mean higher costs and higher prices and we cannot assume the UK would be granted free trade with Europe from outside the EU. Our employment base could also be affected, with skilled men and women from most EU countries included in the 30 nationalities currently represented at the home of Rolls-Royce here at Goodwood.”
With the Leave vote undoubtedly bringing dismay to Müller-Ötvö, his reaction has been something we have all been waiting for. However, with plans to keep the Goodwood Headquarters exactly where they are, the UK will continue to see and ride in these impeccable cars.