Rolls-Royce Motor Cars not worried about China’s Covid wave as carmaker dismisses future IPO

Rolls-Royce Motor Cars has suggested that the recent spike in Covid cases in China is unlikely to impact demand for its luxury cars, despite a slight drop in sales in China last year. Chief executive Torsten Muller-Otvos told journalists today that the carmaker’s sales were slightly behind 2021 levels due to Beijing’s strict zero-Covid policy, [...]