Rolls-Royce History: Frederick Royce and Charles Rolls got together in 1904 and formed Rolls-Royce Limited a couple of years later. In 1931 Rolls-Royce bought their primary competitor, Bentley Motors. In 1971 Rolls-Royce was over extended from developing the RB211 jet engine and England nationalized the company. In 1973 England sold off the car division so that Rolls and Royce could concentrate on Jet engines. In 1998 Volkswagen bought Rolls-Royce Motors, consisting of Rolls-Royce and Bentley. However Rolls-Royce Limited (the jet engine makers) sold the name and logo to BMW. In 1998 BMW and Volkswagen made an alliance that said BMW would provide the engines and Volkswagen would build the cars. BMW purchased Rolls-Royce and Bentley From Volkswagen in 1998.