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rover_75
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Discussion Starter · #1 ·
http://news.bbc.co.uk/1/hi/business/4423725.stm

It has been reported by the BBC that following the collapse of MGR there is'nt hardly anything left:http://news.bbc.co.uk/1/hi/business/4423725.stm
-25/ZR & 75/ZT intellectual rights sold to SAIC
-Powertrain & K series sold to SAIC
-Longbridge site sold and leased back to MGR
-Parts division sold to Caterpillar
-Finance arm sold

So basically all there is left is the 45 & TF, MG brand and Studley castle, MGR could still build the 25/ZR & 75/ZT but they would have to pay SAIC, further eroding their profits. This is so grim.
I cannot see MGR remaining together at all.
 

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other_manufacturer
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R/60/whatever? No mention of that eh?

The only hope now is that somewhere within the deep nether regions of the british heart, unpolled, unknown until this very moment there resides an instinct that says NO MORE, NO FURTHER, NE PLUS ULTRA.

If as a nation Britain acts together, we can save our car industry; which is not the only thing good about the country...

But as you gaze about at the box stores, the McDonalds, the destruction of everything meaning everything to everybody, the atomisation of society; it seems as damn near like the only thing caring about as really matters.

Except for your family of course. Or maybe your dog.
 

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other_rover
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It could be a good thing that the Chinese already own lots of bits. They now have a choice. Walk away totally or try and rescue parts of Longbridge whilst moving the rest to China. My hope is that the Chinese will leave one major car like the 75 in the UK along with the low volume stuff (TF and SV). Something is better than nothing after all.
 
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