do you know anything about MG Rover?

Question

5 seperate questions really.
who is responcible for MG Rover closing down?
were is MG Rover based in britain?
what is happening about MG Rover today?
when was it shut down?
why was it shut down?

Answer 1

1. Bad management decisions and lack of investment caused MG Rover to become uncompetitive in a modern car market.
2. MG Rover was based at Longbridge in Birmingham.
3. Today various creditors are trying to reclaim the money MG Rover are due them. There is a large number of new cars parked up somewhere which will be sold to pay the creditors (although they'll be worthless by the time that happens). Various items of "Intellectual Property" and rights to some brand names and technologies. Ford bought the Rover name (to protect Land Rover) and a Chinese company bought the rights to various models which they will build themselves.
4.It was shut down in 2005.
5. There was no money left to run the company. When they didn't pay for components the suppliers stopped sending them.

Answer 2

The answers are complicated, particularly to your first and third questions.

1. Those responsible include the management of the company from the 1960s onwards (including British Aerospace and BMW), the unions in the 1960s 70s and 80s and various governments. See my answer (no. 5) to http://uk.answers.yahoo.com/question/index;_ylt=AokLi0FnWD0eCsXYdSoZFVkgBgx.?qid=20070219143033AARKC5y&show=7#profile-info-00ebb37e22614fa586c2a028c5e8aab3aa

2. MG Rover, as such, no longer exists. It was based in Longbridge, Birmingham.

3. Today, Ford owns the Rover brand but has no intention to ever use it, (MG Rover never owned it - BMW kept it - but had the rights to use it. When BMW sold Land Rover to ford, the terms of the sale gave Ford first refusal on the Rover brand, to protect Land Rover).
The Rover 45 and MG ZS were based on the 1995 Honda Civic. Honda has taken action to endure no-one else can produce those cars again.
Shanghai Automotive Industrial Corporation (SAIC) of China bought the right to the Rover 25 and 75 from MG Rover shortly before MG Rover collapsed, and has already announced the start of production of a revised Rover 75, now badged Roewe 750.
Nanjing Automotive Corporation (NAC) bought the remaining assets of MG Rover from the receivers - this included the MG brand, and the rights to the MG TF, ZR and ZT. They have already announced plans to restart MG TF assembly (using mostly Chinese parts) at Longbridge, and plans to build the MG ZT in China.

4. MG Rover stopped producing cars in Longbridge in April 2004.

5. It closed because the company could no longer afford to pay for the parts required to build its cars, so the suppliers stopped supplying parts - the company could not build any more cars without the parts, and suppliers were demanding payment. The receivers were brought in, and were unable to sell the company as a going concern. Again, see my answer to http://uk.answers.yahoo.com/question/index;_ylt=AokLi0FnWD0eCsXYdSoZFVkgBgx.?qid=20070219143033AARKC5y&show=7#profile-info-00ebb37e22614fa586c2a028c5e8aab3aa for more details.

Answer 3

CAN OF WORMS THIS ONE,
1)Who is responsible for the demise of MG-Rover;
The Tory Government who sold it to British Aerospace.
British Aerospace who asset stripped it and then sold it to B.M.W . B.M.W who asset stripped it,Sold Land Rover,Kept the Most up to date factory (Cowley)along with the succussfull New Mini.The floorplan and engineering of which was to form the new small Rovers The british Government gave BMW £150million towards this aim.Tied MG Rover's hands behind their backs by selling their R&D facilities(Gaydon),Took all the development work done on the replacement for the 45 back to Germany with them and left it in a warehouse.The Remainder of the company was sold to to the new management for £10 only because it was cheaper than closing it down and the bad P.R involved in such a move!
The MG Rover management who wasted desperately needed development money on P.R stunts like the S.V and shoe-horning Ford Mustang engines into Rover 75s.Then when they saw the writing on the wall searched the globe for a knight in shining armour.This turned out to be SAIC a chinese outfit who after securing the rights to the rover 25/75 and their engine designs,withdrew from the deal and waited to pick up the pieces.
2)Where is MG Rover based;
It isn't.Longbridge is owned by a property development company
who have started to demolish most of the site.
3)A small part Longbridge is let to the chinese company who bought the assets of MG Rover(Nanjing Automotive Company)who are now producing small numbers of the TF there trading as N.A.C-MG.SIAC and NAC are now both producing versions of the 75 in China and are soon to produce 25s.SIAC are rumoured to be testing MG Rovers planned replacement to the 45 too.
4)Production stopped 7th April 2005
P.W.C brought in 8th April 2005
5)It was insolvent.

Answer 4

well....

answer to question 1 the management ran it into the ground but made about £5m each

2) they were based in and around Birmingham

3) The Shanghai automotive are supposed to own it and are due to build the MGF in Birmingham

4) MG Rover when into liquidation in April 2005 closed 13/04/05

5) no money no buyer

Answer 5

it was shut down because their crap cars kept breaking down