SR71@NOSPAM@hotmail.com
25-04-2005, 03:38 PM
Last major "Pommy[owned]Shit" brand car maker takes a nose-dive...
http://www.thisislondon.co.uk/news/articles/PA_NEWA13561161112905908A0?source=
Good to see the Chinese are smart, reading between the lines, BMW
dumped it as fast as possible years ago, message in that...
"Car giant calls in receivers"
7 April 2005
MG Rover is going into administration after its proposed Chinese
partner pulled out of a deal.
Shanghai Automotive Industry Corporation said grant aid had not been
forthcoming so "there could be no deal", according to company sources.
Trade and Industry Secretary Patricia Hewitt said: "Tonight MG Rover
has announced that their board has decided to call in the receivers".
Regards
G/B
http://www.thisislondon.co.uk/news/articles/PA_NEWA13561161112905908A0?source=
Good to see the Chinese are smart, reading between the lines, BMW
dumped it as fast as possible years ago, message in that...
"Car giant calls in receivers"
7 April 2005
MG Rover is going into administration after its proposed Chinese
partner pulled out of a deal.
Shanghai Automotive Industry Corporation said grant aid had not been
forthcoming so "there could be no deal", according to company sources.
Trade and Industry Secretary Patricia Hewitt said: "Tonight MG Rover
has announced that their board has decided to call in the receivers".
Regards
G/B