More on the _R_
When the logo was designed the makers were familiar with Souvenir, a serif font created by Morris Fuller Benton in 1914.
The _R_ modification predates a similar revision by George Brian called Souvenir Gothic in 1977 for TypeSpectra [Phil Martin’s company].
Parallel evolution
Don

The _R_ is custom, but looks like Souvenir Gothic, digital version by Phil Martin
Don

The _R_ is custom, but see next post.
_ROLLS ROYCE_ is Gill Sans created by by the British font designer Eric Gill in 1928-32
Don

Haltrix is the closest I have found. However, it is not monoline.
Don

Effective lively effect for monoline connecting lettering consisting of straight lines.
However, it would be very difficult to make a connecting script like this because the connecting strokes join the letters at a wide range of angles.
Note how the angle of the stroke leaving _e_ is a perfect match for the upper left segment of the stoke for _c_. But try to join it to another _e_ and there would be a kink at the join. Try a double _e_ or _c_ with _e_. Kinks in every case. The kink is even more abrupt with combinations of the other letters in the sample.
What is possible is something like Master Script which uses the same angle for all connecting strokes and for some portions of letters made from straight lines. The letters are a combination of straight and curved strokes. However Master Script is not a match.

Sanelma is also somewhat similar but far from a match
Don

Looks like a photo of a store sign.
Coco FY is somewhat similar but far from a match.
Don

Erasmus RR is closer than the other suggested _T_ designs -- note the upward spur on the top serifs.
A design from 1923, which might be the same era as your logo.
Use another font for the _A_ and _C_
Don

This Didot style of numbers was the basis for a font called Strasse.
"Strasse is modeled after the glazed ceramic tiles commonly used for house numbers throughout Central Europe."
I suspect you will not find anything closer.
Don

Pretty close
Don

You can approximate the _T_ with Hadriano Light. Use another font for the _A_ and _C_
Don

The windswept top serifs on the _T_ are a feature found in some early 20th century fonts but I have not spotted an exact match in a digital version.
You can approximate the _T_ with Centaur Bold. Use another font for the _C_
Don

The original is Rudolf Koch's Neuland.
Many knock-offs perhaps including a damaged version that looks like this.
Fairly straight forward to distress the original and make it yourself.
Don

Looks like an edited Copperplate Gothic
Don

With some minor editing
Don

Missed it.
No need for modification.
Don

Checkmate
At least it wasn't porno pix
Don