For the present day companies see Rolls-Royce Holdings plc (aero-engines etc.) and Rolls-Royce Motor Cars. For other uses, see Rolls-Royce (disambiguation).
Rolls-Royce Limited is a renowned British car-manufacturing and, later, aero-engine manufacturing company founded by Charles Stewart Rolls and Sir Frederick Henry Royce on 15 March 1906 as the result of a partnership formed in 1904. In addition to the company's reputation for superior engineering quality which has led to its epithet as the "best car in the world", Rolls-Royce Limited was known for manufacturing the high-powered "R" engines responsible for land and air speed records as well as successful performances in automobile racing.
In 1971, Rolls-Royce was crippled by the costs of developing the advanced RB211 jet engine, resulting in the nationalisation of the company as Rolls-Royce (1971) Limited. In 1973, the car division was separated from the parent company as Rolls-Royce Motors. Rolls-Royce (1971) Limited continued as a nationalised company until it was privatised in 1987 as Rolls-Royce plc.