Rolls-Royce Limited | Wikipedia audio article
Channel: wikipedia tts
Date: 02/01/2019

This is an audio version of the Wikipedia Article:
https://en.wikipedia.org/wiki/Rolls-Royce_Limited


00:02:16 1 Motor cars
00:04:36 1.1 Rolls-Royce 40/50
00:05:30 1.2 Rolls-Royce Eagle aero-engine
00:06:03 1.3 Springfield USA
00:06:50 1.4 Rolls-Royce Twenty
00:07:21 1.5 Rolls-Royce Phantom
00:07:39 1.6 Bentley
00:08:49 1.7 Crewe
00:09:20 1.8 Second World War
00:10:08 2 Postwar diversification
00:10:18 2.1 Motor bodies
00:11:11 2.2 Diesel engines Shrewsbury
00:12:52 3 Aero engines
00:18:40 4 RB211—the 1971 receivership and nationalisation
00:22:01 4.1 New board
00:22:39 4.2 Lockheed and Rolls-Royce take-off
00:23:39 5 1973 Rolls-Royce Motors
00:24:57 5.1 Car Division
00:25:40 5.2 Diesel Division
00:26:29 5.3 Flotation of Rolls-Royce Motors Holdings
00:26:49 5.4 Vickers Limited merger
00:27:09 5.5 Perkins
00:27:30 6 1977 Rolls-Royce drops (1971) from its name
00:28:19 7 1987 privatisation
00:29:01 7.1 Customers
00:30:02 7.2 Competition
00:30:36 7.3 Divisions and products
00:32:11 8 Products
00:32:20 8.1 Cars
00:34:24 8.2 Aircraft



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SUMMARY
=======
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 was a British luxury car and later an aero engine manufacturing business established in 1904 by the partnership of Charles Rolls and Henry Royce. Building on Royce's reputation established with his cranes they quickly developed a reputation for superior engineering by manufacturing the "best car in the world". The First World War brought them into manufacturing aero engines. Joint development of jet engines began in 1940 and they entered production.
Rolls-Royce has built an enduring reputation for development and manufacture of engines for defence and civil aircraft.
In the late 1960s Rolls-Royce became hopelessly crippled by its mismanagement of development of its advanced RB211 jet engine and the consequent cost over-runs, though it ultimately proved a great success. In 1971 the owners were obliged to liquidate their business. The useful portions were bought by a new government-owned company named Rolls-Royce (1971) Limited which continued the core business but sold the holdings in British Aircraft Corporation (BAC) almost immediately and transferred ownership of the profitable but now financially insignificant car division to Rolls-Royce Motors Holdings Limited. This it sold to Vickers in 1980. Rolls-Royce obtained consent to drop 1971 from its name in 1977.
The Rolls-Royce business remained nationalised until 1987 when, renaming the owner Rolls-Royce plc, the government sold it to the public. Rolls-Royce plc still owns and operates Rolls-Royce's principal business though since 2003 it is technically a subsidiary of listed holding company Rolls-Royce Holdings plc.
A marketing survey in 1987 showed that only Coca-Cola was a  more widely known brand than Rolls-Royce.