This can only be good news. It means Rover can still go it alone on the deal...podders said:I wouldn't start a new thread unnecessarily but this just came out in the C4 news- The DTI say they have DOCUMENTARY evidence that the loan is NOT essential to the deal.
What IS going on??
In which case why dont you tell him? is publically available on the warwick university website...haudit23 said:Nick Matthews doesn't know his *rse from his elbow as far as MG Rover is concerned. He's made a HUGE number of factually incorrect statements, and thats just today!
First of all he says Powertrain has been sold lock, stock and barrell to SAIC - which is false.
Then he says 3 of MG Rover's 4 core model are 15 years old. Again, he's talking through his *rse - the 75 is 7 years old, the 25 and 45 are both approaching 10 years old, and the MG TF is 9 at the most. Yes, they may use technology derived from older models, but the cars themselves are NOT 15 years old.