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Why the Rolls Royce could disappear forever – Yahoo Finance Australia
The iconic British car maker has revealed deep concerns about its ability to survive the pandemic’s economic hit.
The future of Rolls Royce may be in jeopardy after it posted a loss of £5.37 billion ($8.73 billion) in its 2020 half-yearly earnings.
The car manufacturers underlying revenue is down 24 per cent to £5.56 billion ($9.05 billion)
The iconic British luxury car brand, which also makes aircraft engines, indicated that the economic brunt of the coronavirus crisis, and the effective grounding of international travel, crippled demand for its engines.
This significantly hamstrung the company and led …
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