[ROVERNET - UK] BBC E-mail: Rover cars to be made in China
wood at winds27.fsnet.co.uk
Fri Apr 22 11:04:31 BST 2005
The Rover name is still owned by BMW. It was retained by them as part of an
agreement with Ford when it bought Land Rover. The intention was to prevent
Rover ever making a four wheel drive to compete with Land Rover. Phoenix
only leased the name.
----- Original Message -----
From: "Stephen Beer" <stephen at beerinc.com>
To: <rovernet at lyris.ccdata.com>
Sent: Thursday, April 21, 2005 12:52 PM
Subject: Re: [ROVERNET - UK] BBC E-mail: Rover cars to be made in China
> No, you're not being too cynical.
> ...but selling the rights to build Rover 75s and 45s to the Chinese
> before a deal is struck just seems like more of the corporate raiding
> Towers and the other 3 venture crapitalists have been up to. They sold
> the factory -- and just about everything else of value before this.
> How dare he (Towers) pat himself on the back for exceeding the 18
> months predicted for Rover's failure.
> I'm sorry. This is big corporate at it's worst.
> The Chinese have no business building, associating with or even looking
> at Rovers.
> Hopefully the Rover and MG names can be bought by a British individual
> with a vision (John Bloor are you there?).
> My TC remains my favorite car.
> Stephen Beer
> On Apr 21, 2005, at 12:25 AM, Peter Huttemeier wrote:
> > On Wed, 20 Apr 2005 19:11:57 +0000, you wrote:
> >> Peter Miller saw this story on BBC News Online and thought you
> >> should see it.
> > Am I being too cynical to suggest SAIC deliberately withdrew from any
> > Rover rescue deal to allow Rover to collapse and then snap up what
> > they could cheaply, and without having to bother with 6,000
> > redundancies?
> > Cheers,
> > Peter H
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