As a result of all of the above, the average age of a Rolls-Royce owner is now 43, and they spend an average of $525,000 on a new car. When he started the job, the average age of a buyer was 56, and they were only spending $260,000 on a car.
“Leading Rolls-Royce for almost 14 years has been the greatest privilege and pleasure of my professional life,” said Muller-Otvos. “To have grown the company and its world-class people to the position it is in today, at the pinnacle of the luxury industry, has been a remarkable adventure. I am proud of the role my exceptional team and I have played in contributing significantly to the UK economy and to the global recognition of Britain’s ability to produce the world’s best luxury products.”
“Rolls-Royce Motor Cars is a jewel in the crown of our organization,” said Oliver Zipse, BMW Group Chief Executive. “Torsten’s outstanding leadership, unswerving commitment, clear vision, and exceptional ability to build a strong, focused team have helped make Rolls-Royce the world-class luxury brand it is today. We wish him the very best for his future endeavors.”