Decision on Rolls-Royce sale within a month

GRAHAM Morris, chief executive Rolls-Royce Motor Cars, the luxury carmaker owned by Vickers, said yesterday that he expected a decision on the unit's sale to be reached within four weeks. Speaking to journalists at the Geneva motor show, he said that the outlook for Rolls-Royce had "never been better", and said he anticipated a 10 per cent gain in sales this year.

Mr Morris forecast that the new Rolls-Royce Seraph model would eventually represent 40 per cent of the unit's worldwide sales. Vickers reports its full-year results today.