Rolls-Royce Invests £300 Million in Goodwood Expansion

Rolls-Royce Motor Cars has announced a significant investment of over £300 million for its Goodwood manufacturing facility, marking the largest capital injection since its opening in 2003. This expansion aims to enhance the production of bespoke and Coachbuild vehicles, driven by growing demand for personalized luxury cars, which saw an average Bespoke content value increase of 10% in 2024. The company sold 5,712 cars last year, making it the third-best year on record, despite a slight decline in overall sales compared to 2023. Rolls-Royce is also preparing its facility for a transition to an all-battery electric vehicle lineup. CEO Chris Brownridge emphasized the investment as a vote of confidence in the brand and a commitment to meet the evolving desires of affluent clients. The expansion is seen as a positive step for the UK automotive industry amid recent factory closures.