Rolls-Royce’s CEO plans on stepping down at the end of November, handing the reins over to current BMW UK head, Chris Brownridge.Torsten Müller-Ötvös’ accomplishments include a more than 600% increase in sales since he stepped into the position in 2009, to 6021 units sold in 2022, while doubling the average price per car and lowering the average buyer age.Müller-Ötvös was also responsible for bringing the Cullinan SUV, a decision for which he was widely mocked.
“We are extremely profitable for the BMW Group,” said Spahn. Quite a bit of the company’s success can be attributed to its best-selling model, the Cullinan SUV, unveiled in 2018. “They said to me, ‘You must be bonkers to be developing an SUV,’” Müller-Ötvös said.The Cullinan represented about half of global sales in 2022, followed by the Ghost, which was over 30 percent and the Phantom with 10 percent.