Serious Troubles at MG Rover
There is a lot of news in April about serious troubles at MG-Rover, financial and political, fall through of negotiations on the China deal, temporary plant closing, pending layoffs, shaky bail out proposition by the government, and possible total demise of the company. This may be nearing the end of the end, of maybe itís just another chapter in the mysterious history of MG. For a quick reality check, MG Rover recently had only 3% of total UK car production, where in the late 1960's British Leyland had 40% of the UK car market. You may check the following links for more news. China deal shaky, and thousands of jobs at stake.
Monday, 4 April, 2005, 18:12 GMT - Talks to save MG Rover deal stall.
Friday, 15 April, 2005 - MG ROVER GROUP LIMITED and POWERTRAIN LIMITED IN ADMINISTRATION
Find more information links on the CMGC web site at