<Tr> <Th> Website </Th> <Td> www.rolls-royce.com </Td> </Tr> <P> Rolls - Royce Limited owned a British luxury car and aero engine manufacturing business founded in 1904 by Charles Stewart Rolls and Frederick Henry Royce . Rolls - Royce Limited was incorporated on 15 March 1906 as a vehicle for their ownership of their Rolls - Royce business . Their business quickly developed a reputation for superior engineering quality and for manufacturing the "best car in the world", building on FH Royce's existing standing . Rolls - Royce became a leading manufacturer of piston aero - engines after it was brought into building them by the First World War . </P> <P> From 1940, Rolls - Royce participated in the development of the jet engine and built for itself, and retains, a pre-eminent position in aero engine development and manufacture for use in defence and civil aircraft . </P> <P> In the late 1960s, Rolls - Royce Limited became hopelessly crippled by its mismanagement of development of its advanced RB211 jet engine and the consequent cost over-runs . In 1971 their financial collapse was dealt with by sale, at a price which took some years to negotiate, of the entire business to a new government - owned company, Rolls - Royce (1971) Limited . Insolvent Rolls - Royce Limited was put into liquidation . Everything that could be sold off was sold off, but more than 46 years later there are still assets remaining to be sold . </P>

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