MgRover


FOLLOWUP: MG Rover execs reportedly strike back amidst fraud accusations

The soap opera that is unfolding in the United Kingdom regarding the death of the once-proud MG Rover automobile company continues unabated. Four former MG Rover executives who purchased the automaker from BMW back in May of 2000 for a £10 fee have responded to Lord Mandelson's decision to send the aging case to the Serious Fraud Office with a terse statement. Here's a snippet: The announcement is mystifying given that at no stage during the last four years of the government inspectors' investigation has there been any suggestion of ... Read more →

FOLLOWUP: Serious Fraud Office reportedly called in to investigate MG Rover collapse Jeremy Korzeniewski

The saga that is the collapse of MG Rover and the subsequent four-year government probe into what went wrong has just taken another sordid and oddly-timed twist. Lord Mandelson, Secretary of State ...

Rendered Speculation: MG TF is coming... Dan Roth

There's a new MG TF on its way to replace the current TF, which is once again rolling out the doors at its Longbridge, UK ancestral home. The new TF will be available as a roadster, natch, and as a ...

Paulin releases its vision for the future Damon Lavrinc

The Swedish design firm Paulin has released images of a new concept that, although only existing in the virtual world, might spell the future of car design in the next five years. Paulin has worked ...

TVR's trademarks swiped from teenage Russian owner Jeremy Korzeniewski

The iconic British auto brand TVR will almost certainly not be making any more vehicles in the U.K. Instead, as the Independent reports, future models will most likely be built in Asia. Why? Because, ...

Surprise! Ford buys Rover name from BMW 3 years ago on Autoblog

Ford informed BMW today that it would be exercising its right to buy the Rover name from the German automaker and also announced that it will not be putting it up for sale. The Detroit automaker purchased Land Rover from BMW in 2000 and has since had the option to buy the Rover name or at least ...

BMW/Shanghai Automotive talks still in progress for Rover name 3 years ago on Autoblog

The UK's Financial Times is reporting that BMW has agreed to sell the Rover name to an eager Shanghai Automotive Industry Corp. (SAIC), new owner of the design rights to many of the vehicles owned by MG Rover before the company dissolved due to huge debts. FT reports that the German luxury automaker ...

Rover collapse cost UK nearly 1 billion 3 years ago on Autoblog

The collapse of MG Rover was an expensive affair for the British government and its people. A report published by the country's Public Accounts Committee says that the decline of MG Rover between 2000 and 2004 cost tax payers around £270 million. A £500 million pension deficit will also ...

Britain coughing up £660,000 to Nanjing to help restart MG-Rover factory 3 years ago on Autoblog

From the "Who-didn't-see-this-coming" file comes word that British government officials have agreed to shell out some £660,000 ($1.16M USD) in grants to Nanjing Automobile in order to re-light the fires at MG-Rover's dormant Longbridge plant. The funds will come courtesy of the ...






Autoblog Podcast #154: Gobbling up the News

Chris, Sam, and Dan kick out a podcast just in time for the long holiday drive.

 
 

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