Rolls-Royce Motor's Order Book Very Strong, CEO Says

The transcript discusses the challenges and successes of Rolls Royce in recent years. It covers the sales decline due to the pandemic, recovery in 2021, and strong market growth in 2022. The best-selling models, Ghost and Cullinan, are highlighted, along with the impact of chip supply on production. The company managed material supply for bespoke cars effectively. The future of electric vehicles is touched upon with the introduction of the Spectre, emphasizing Rolls Royce's commitment to luxury and innovation.

What was the primary reason for the drop in Rolls Royce sales in 2020?

• Lack of demand

• High production costs

• Pandemic-related production lags

• Increased competition

Which two models were highlighted as having strong sales in the second section?

• Cullinan and Wraith

• Ghost and Cullinan

• Dawn and Phantom

• Phantom and Wraith

What was the state of the order book as Rolls Royce entered 2022?

• Weak and declining

• Moderate and stable

• Non-existent

• Strong and extending into October

How did Rolls Royce manage the semiconductor supply issue?

• By outsourcing production

• By increasing prices

• By reducing production

• By receiving preferential delivery from BMW Group

What was the impact of being part of the BMW Group for Rolls Royce?

• Limited market access

• Preferential treatment in semiconductor supply

• Higher production costs

• Increased competition

What advantage does Rolls Royce have in terms of material procurement?

• Faster production times

• Higher production capacity

• Lower material costs

• Access to exclusive materials

What is the expected feature of the upcoming Spectre model?

• It will be a convertible

• It will be a hybrid vehicle

• It will be a fully electric vehicle

• It will have a new V12 engine