Rolls-Royce and Bentley sales skyrocketed in 2021
(Photo by Fatemeh Bahrami/Anadolu Agency via Getty Images)
NEW YORK - Ultra luxury car brands Rolls-Royce and Bentley had a better year than most in 2021.
Both automakers set global sales records for the calendar year, which was beset by supply chain issues that hampered the industry.
Rolls-Royce delivered 5,586 vehicles, which was a 49% increase over 2020, and Bentley was up 31% with 14,659 sales in a year when the overall market increased just 5.5%, according to GlobalData estimates.
Each benefited by being part of a larger auto group that prioritized in-demand parts, like semiconductors, for its highest-margin vehicles. Rolls-Royce is a subsidiary of BMW and Bentley a member of the VW Group.
Rolls-Royce CEO Torsten Müller-Otvös told The Financial Times the strong performance was due in part to the reaction of some customers to the coronavirus pandemic.
"Quite a lot of people witnessed people in their community dying from Covid, that makes them think life can be short, and you’d better live now than postpone it to a later date. That also has helped [Rolls-Royce sales] quite massively," Müller-Otvös said.
His sentiment echoes that of Andrea Baldi, North American CEO of VW-owned Lamborghini, which is also coming off of a record year.
"People are just excited to be out in the world again and to be able to buy these cars and drive them there," Baldi told FOX Business.
Rolls-Royce is already sold out into the third quarter of 2022, with many of those being one-off bespoke vehicles from its coachbild department, like the $10 million Boat Tail it revealed last year.