Rolls-Royce Rides Ongoing Luxury Demand to Sales Record in 2022

Rolls-Royce Rides Ongoing Luxury Demand to Sales Record in 2022
A hand made Rolls-Royce described as 'the most refined picnic facility on earth' is unveiled at the company's factory in Goodwood, Britain, on May 27, 2021. Stuart McDill/Reuters
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LONDON—Rolls-Royce on Monday reported record sales last year despite an average price tag of around $534,000 for its luxury cars and a drop in Chinese demand, with orders stretching into 2023.

The British carmaker, which began as Rolls-Royce in Manchester, England nearly 120 years ago and is now owned by Germany’s BMW, said that it sold 6,021 cars in 2022, up from 5,586 in 2021, which was also a record year.