Rolls-Royce Bets on Multimillion-Dollar Custom Cars as Sales Growth Slows

Selling Fewer Cars at Higher Prices Factory Doubles in Size but Output Stays Flat Customers Choose Colors, Materials and Finishes

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By Kim Jung-wookmykj@sedaily.com
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Rolls-Royce's "Project Nightingale." Photo courtesy of Rolls-Royce - Seoul Economic Daily International News from South Korea
Rolls-Royce's "Project Nightingale." Photo courtesy of Rolls-Royce

Rolls-Royce is pursuing ultra-high-priced bespoke manufacturing aimed at the world's wealthiest buyers to boost profitability, rather than raising vehicle output.

The New York Times reported on the 5th that with sales growth in the global ultra-luxury car market expected to slow, Rolls-Royce is putting more weight on selling a single car for more money than on selling more cars.

In April, Rolls-Royce unveiled Project Nightingale, a battery-powered two-seat roadster. The car is nearly as long as the Cadillac Escalade, a full-size sport utility vehicle, but has only two seats. It is built to maximize rarity, design and the owner's personality rather than practicality.

Production is capped at 100 cars worldwide, with a base price starting at about $3.5 million (approximately 4.7 billion won). Adding bespoke options can push the price roughly 50% above the base figure, approaching 7 billion won. According to Rolls-Royce, all 100 cars were reserved before the vehicle was shown publicly.

"Demand among our clients for coach-built cars continues to grow," Rolls-Royce Chief Executive Chris Brownridge said. Coach-building refers to designing and building a car's exterior and interior separately to a customer's order.

Rolls-Royce has been building up bespoke work as a core business. It is roughly doubling the size of its production site in southern England but does not plan to expand annual manufacturing capacity significantly. The purpose of the expansion is not higher volume but more bespoke design and craft work per car.

Coach-building is not new to Rolls-Royce. For about the first 50 years after the company was founded, it sold a chassis fitted with an engine, drivetrain, instrument panel and steering wheel, and customers had specialist firms build the body they wanted. More recently it has produced the Sweptail coupe, built as a single example, and the Droptail roadster, built in four examples.

The company is also expanding services that bring customers directly into the bespoke process. It has opened private offices in New York, Shanghai, Dubai, Seoul and at its Goodwood headquarters in England, where key clients meet designers and engineers in person to decide on materials, colors and finishes.

The scope of customization goes beyond paint and interior trim. Customers can have a dedicated paint color developed to match artwork or clothing they own, or apply inlay work using mother-of-pearl or metal. Thousands of light-emitting diodes can be set into the headliner or door panels to recreate a chosen constellation, and personal phrases or symbols can be engraved inside air vents. Embroidery, hand-painted detailing and special exterior paint finishes are also offered.

"Clients for ultra-high-priced goods are not simply buying an object. They are buying into how it is made and the story behind it," Brownridge said. "Some clients see a bespoke car as a legacy to pass on to the next generation."

Behind the push into bespoke work is the outlook for slowing growth in the ultra-luxury car market. Michael Dean, head of global automotive research at Bloomberg Intelligence, said sales in the ultra-luxury car market could stagnate through 2030.

In China, high taxes on ultra-luxury vehicles and a mood of restraint toward conspicuous consumption are weighing on demand, while in the Middle East regional instability is affecting the premium car market, according to the analysis.

As a result, Bloomberg Intelligence says luxury carmakers are choosing to lift profitability through price increases, limited editions and individual customization rather than higher volumes.

Bloomberg Intelligence estimated that Rolls-Royce accounted for just 0.2% of the roughly 2.5 million vehicles the BMW Group sold in 2025, yet generated about 13% of the group's total operating profit. Volume is minimal, but the price and margin per car are very high.

Development costs incurred during bespoke work also become a source of revenue. When a customer asks for a seat material or a dashboard color that does not yet exist, Rolls-Royce can bill the customer for the cost of developing the technology and materials involved. Once the period of exclusive use ends, the technology or parts can be applied to other customers' cars.

The strategy is not confined to the auto industry. Fashion brands such as Hermes are raising prices by emphasizing scarcity and craftsmanship, and high-end jewelry brands including Cartier and Van Cleef & Arpels are focusing on expensive bespoke pieces over relatively lower-priced items. MB&F, an independent luxury watch brand, is likewise strengthening artistry and customization for a small set of clients instead of expanding output.

Some caution, however, that heavily personalized cars may struggle to find buyers on the used market. Because they are built to one owner's taste, they can hold less appeal for other consumers.

Rolls-Royce believes customers for such cars never intend to resell them in the first place. "These cars are like masterpieces you hang on a wall," Brownridge said. "Clients are likely to pass them down to their children."

Original reporting by Kim Jung-wook for Seoul Economic Daily.

AI-translated from Korean. Quotes from foreign sources are based on Korean-language reports and may not reflect exact original wording.

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