Fleet News

Vickers to sell Rolls-Royce

VICKERS has confirmed that it intends to sell Rolls-Royce as part of its strategy of focusing more closely on its core businesses. BMW, Mercedes-Benz, Ford and Ferrari are among the names who are already being linked with Rolls as possible bidders.

Vickers chairman Sir Colin Chandler said: 'Vickers has decided that the timing is now right to divest its subsidiary, Rolls-Royce Motor Cars. We have taken this great business from the low days of the last recession, through to the present high level of investment, to a stage where we are confident its value to Vickers' shareholders has been maximised.'

Leave a comment for your chance to win £20 of John Lewis vouchers.

Every issue of Fleet News the editor picks his favourite comment from the past two weeks – get involved for your chance to appear in print and win!

Login to comment


No comments have been made yet.

Compare costs of your company cars

Looking to acquire new vehicles? Check how much they'll cost to run with our Car Running Cost calculator.

What is your BIK car tax liability?

The Fleet News car tax calculator lets you work out tax costs for both employer and employee