MG Motors

MG sets 19th consecutive monthly sales record.

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MG Motor UK has set its nineteenth consecutive monthly sales record by recording its best-ever May performance MG sold 1,212 cars in May 2019 – the second biggest month ever for the manufacturer May result was almost 50% higher than May 2018 MG is the UK’s fastest-growing car manufacturer MG Motor UK is celebrating its […]

Nanjing

MG Rover Group and Powertrain Limited have been sold to Nanjing Automobile (Group) Corporation.

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MG Rover Group Limited and Subsidiary Companies – In Administration – Sale of Assets 22/07/2005 00:00 The joint administrators from PricewaterhouseCoopers have announced the sale of the assets of both MG Rover Group and its engine producer, Powertrain Limited to Nanjing Automobile (Group) Corporation. The sale concludes a three month process following the collapse of […]

Phoenix MG

DTI drove ‘news agenda’ to bring MGR down

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The Department of Trade and Industry has been accused by opposition MPs of aiding the collapse of MG Rover. Charles Hendry MP, the Tories’ industry spokesman, says: “The Government proceeded to bring forward the closure of the company so that it happened at the beginning of an election campaign and not towards the end. The […]

Sport & Racing

MG Rover race dream ran up debt of £48m

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By Chris Morley, Evening Mail MG ROVER’S attempts to break into the glamour world of racing succeeded in selling fewer than ten cars – and clocked up £48 million debts. The Phoenix Four’s bid to create a “halo effect” to boost the image of the group proved a hugely expensive flop, selling cars at £80,000 […]

MG Rover

Why Rover Crashed

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Julia Finch, City editor of the Guardian The consultant director of design claims senior staff wasted company cash by taking business flights to Europe from Birmingham airport, when they could have flown for a fraction of the price on low-cost carriers. He also accused the car group’s top executives of naivety in the way they […]

MG Rover

MG Rover in administration

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MG Rover Group Limited – in administration The joint administrators of MG Rover Group Limited will be holding a news conference on Friday 10 June at 1.30pm to provide an update on the company’s affairs. The conference, which follows the MG Rover Group Limited creditors’ meeting, will take place in the Arden Room at the […]

MG Rover

The Bidders according to Autocar

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Chapman Automotive: Is bidding for the MG brand, the MG TF and the plant to manufacture it. It claims funding from a consortium including an overseas vehicle manufacture, a US based investment fund with a wealthy investor. The Chapman plan involves reviving TF production and moving it to another West Midlands facility, but not producing […]

MG Rover

Price Waterhouse Cooper Update

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MG Rover Group Limited and subsidiary companies (in administration) – update by the joint administrators – 20 May 2005 20/05/2005 13:07 The joint administrators of MG Rover Group Limited asked potential bidders to provide proof of funds for their bids by the end of last week and have spent this week examining these. Interest in […]

MG Rover

Chapman Automotive bid for MG TF line

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Chapman Automotive Limited is in the final stages of putting together a bid to purchase assets related to MG from the administrators of MG Rover Group Limited and Powertrain Limited, PricewaterhouseCoopers. Finance for the bid – which relates only to the MG brand, the TF two-seater sports car and associated manufacturing equipment – is supported […]

MG Rover

Former MGR Head of training launches FREE website to help people back into work!

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Free Website www.mgrovertoptalent.com has been launched (Tuesday 10th May) to help anybody who has been affected by the recent closure of MG Rover, Longbridge Birmingham back into work. Former Head of Training at MG Rover Longbridge, Jo Cameron of www.enliven-uk.com has teamed up with Paul Curtis of www.theateammarketing.com and local award winning web designers www.threadcreative.co.uk […]