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MG/Rover Group SitesThe remains of the once mighty British Leyland, which was formed by numerous mergers & acquisitions throughout the twentieth century, then ran by the British government in the 1970's, trimmed down, (Jaguar was privatized in the early 1980's--then Ford acquired it in the late 1980's), BMW acqured what was left in 1994. Mini, Rover cars, Land Rover, MG badged hatchbacks, and the rights to a basketful of old british auto heritage names -- Austin, Riley, Triumph, Wolseley, etc. After bleeding red ink and no end in sight, BMW has a boardroom revolt and ousts Piechestrader and Reitzle, and plans to unload their ambitions of British autodom. Land Rover is sold to Ford, and MG/Rover cars goes through a soap opera of investment groups & buyers before being sold (or being paid to take it) to the Phoenix Consortium led by John Towers (formerly of Rover management). With the start of a new millenium, comes the decision to capitialize on the MG name and attempt to make a mark as a niche player of sport-oriented vehicles in a sea of massive global players. MG/Rover has purchased the assets of Qvale Automotive (maker of the Mangusta). Plans are to rebadge it as a MG and launch a return to the North American market. (Dec 21, 2001): MG/Rover in talks with Brilliance Auto of China Financial Times Story Latest news: (Dec 23, 2002): Tata of India www.telcoindia.com will build a new small car for Rover. Tentively called the Rover 15. Just-Auto story Nanjing has aquired MG, SAIC has acquired some production of the Rover 75, while Ford purchases the Rover name. Nanjing-UK: www.nacuk.co.uk Nanjing-china: www.nanqi.com.cn SAIC: www.saicgroup.com |
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MG/Rover Group Sites Individual Division Sites: For Mini, see the BMW page. For Land Rover, see the Ford page. Unoffical Sites: |
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This page last updated 1.September.2006