Reported about 14 hours ago
Rolls-Royce CEO Chris Brownridge acknowledges potential impacts from US tariffs on luxury goods but remains optimistic about the company's sales performance, which reached over 5,000 vehicles in 2024. The increasing demand for bespoke customizations has led the company to invest significantly in expanding its offerings, despite concerns over market elasticity due to tariff-induced price increases. Brownridge emphasizes Rolls-Royce's diversified global market presence as a buffer against potential negative effects from tariffs.
Source: YAHOO