Rolls-Royce Motor Cars Appoints Chris Brownridge To Succeed Torsten Muller-Otvos As CEO

RTTNews | 693天前
Rolls-Royce Motor Cars Appoints Chris Brownridge To Succeed Torsten Muller-Otvos As CEO

(RTTNews) - Rolls-Royce Motor Cars Ltd. (RYCEF.PK, RR.L, RYCEY.PK) announced Thursday that Torsten Muller-Otvos is to retire as its Chief Executive Officer on November 30, 2023. He will be succeeded by Chris Brownridge, currently Chief Executive Officer of BMW UK.

Torsten joined Rolls-Royce Motor Cars in 2010, making him the company's longest-serving Chief Executive since Claude Johnson, the man who brought Charles Rolls and Henry Royce together in 1904.

Meanwhile, Chris Brownridge joins Rolls-Royce Motor Cars from his current role as Chief Executive Officer of BMW UK.

Brownridge is a true sales and marketing expert, having spent almost 30 years with the BMW Group, starting as a graduate in 1995. Prior to his current position of CEO, Chris has been a member of the UK Board in various roles since 2011, including Sales Director BMW UK, BMW UK Marketing and MINI Regional Director for UK and Ireland.

read more
U.S. Pending Home Sales Fall More Than Expected In July

U.S. Pending Home Sales Fall More Than Expected In July

A report released by the National Association of Realtors on Thursday showed pending home sales in the U.S. fell by more than expected in the month of July. NAR said its pending home sales index decreased by 0.4 percent to 71.7 in July after sliding by 0.8 percent to 72.0 in June. Economists had expected pending home sales to edge down by 0.1 percent.
RTTNews | 2小時55分鐘前
Eurozone Economic Confidence Weakens In August

Eurozone Economic Confidence Weakens In August

Eurozone economic sentiment softened unexpectedly in August as only industry and retail trade showed improvements, survey results from the European Commission showed Thursday. The economic sentiment indicator slid to 95.2 in August from a revised 95.7 in the previous month. The score was forecast rise to 96.0.
RTTNews | 3小時6分鐘前
U.S. Economy Surges More Than Previously Estimated In Q2

U.S. Economy Surges More Than Previously Estimated In Q2

The U.S. economy grew by more than previously estimated in the second quarter of 2025, according to revised data released by the Commerce Department on Thursday. The report said real gross domestic product shot up by 3.3 percent in the second quarter compared to the previously reported 3.0 percent surge. Economists had expected the jump in GDP to be upwardly revised to 3.1 percent.
RTTNews | 3小時29分鐘前
U.S. Weekly Jobless Claims Dip Roughly In Line With Estimates

U.S. Weekly Jobless Claims Dip Roughly In Line With Estimates

A report released by the Labor Department on Thursday showed a modest decrease by first-time claims for U.S. unemployment benefits in the week ended August 23rd. The Labor Department said initial jobless claims dipped to 229,000, a decrease of 5,000 from the previous week's revised level of 234,000. Economists had expected jobless claims to slip to 230,000.
RTTNews | 3小時35分鐘前
Switzerland Logs Weaker Growth, Trims 2026 Outlook

Switzerland Logs Weaker Growth, Trims 2026 Outlook

The Swiss economy expanded modestly in the second quarter, as estimated earlier, and higher U.S. tariffs are set to push down growth prospects, the State Secretariat for Economic Affairs said Thursday. Gross domestic product grew 0.1 percent from the first quarter, unchanged from the flash estimate. Growth softened notably from 0.7 percent in the first quarter.
RTTNews | 4小時40分鐘前