Rolls-Royce Motor Cars Limited, a world-renowned manufacturer of luxury automobiles, was founded in 1906 under the name of Henry Royce and Charles Rolls. The company was founded in 1906 and named after the two founders, Henry Royce and Charles Rolls. Rolls-Royce Motor Cars Ltd. became a separate subsidiary of Rolls-Royce in 1973, and Rolls-Royce's original aerospace and marine engine business developed into the Rolls-Royce Corporation today (the second largest aircraft engine manufacturer in the world after Rolls-Royce). Rolls-Royce's famous cars include Rolls-Royce Phantom, Rolls-Royce Phantom and Rolls-Royce Ghost.