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MG Rover Group was a British carmaker that existed between 2000 and 2005. It was the last domestically owned mass-production car manufacturer in the British motor industry. The company was formed when BMW sold the car-making and engine manufacturing assets of the original Rover Group to Phoenix Venture Holdings in 2000.
The Rover Group plc was the British vehicle manufacturing conglomerate known as "BL plc" until 1986 (formerly British Leyland), which had been a state-owned company since 1975. It initially included the Austin Rover Group car business (comprising the Austin, Rover, Mini and MG marques), Land Rover Group, Freight Rover vans and Leyland Trucks.
Under Rover Group (1992–2000) In 1995, the MG F became the first all-new MG since the MGB. After BL became the Rover Group in 1986, ownership of the MG marque passed to British Aerospace in 1988 and then in 1994 to BMW.
The ‘Phoenix Four’ and MG Rover Group’s long road to ruin – European CEO. Tax evasion, bribery, mismanagement and corruption are just a few of the unsavoury details that plagued the final years of a British institution. Rita Lobo investigates what went wrong for MG Rover, and who is to blame.
May 11, 2023 · Underfunded, the MG Rover Group went into receivership in 2005 and the company was acquired by the Nanjing Automobile Group. Shortly after the purchase, SAIC merged with Nanjing, giving SAIC...
Sep 10, 2009 · MG Rover collapsed with debts of £1bn. The government is preparing to publish its report into the collapse of Rover in 2005 - an inquiry which has cost more than £16m. Here is a guide to the...
MG Rover Group was a British carmaker that existed between 2000 and 2005. It was the last domestically owned mass-production car manufacturer in the British motor industry. The company was formed when BMW sold the car-making and engine manufacturing assets of the original Rover Group to Phoenix Venture Holdings in 2000.
Apr 4, 2015 · Ten years ago (Saturday) in England, MG Rover Group called in the receivers -- the British version of declaring bankruptcy -- and ended the journey of one of the most pioneering companies in all...
Apr 8, 2005 · LONDON, April 7 - The British government said late Thursday that the country's last major car producer, MG Rover, was nearing bankruptcy after the collapse of takeover negotiations with the...
Jun 9, 2011 · The collapse of MG Rover in 2005 was catastrophic for the fragile economy of the West Midlands. When the Longbridge plant closed in the April of that year, more than 5000 people were made jobless (Holweg and Oliver 2005: 3), leaving a gaping vacuum in the economy of this area.
