Jump to content
SAU Community

Recommended Posts

I think last time they went under they were bought for 10 pounds by some consortium, then they went down recently and talks with shanghai auto group for a cash injection musta failed.

Pity no other car company saw the need in their lineup... Globalisation's a bitch.

Link to comment
https://www.sau.com.au/forums/topic/70603-rovers-dead/#findComment-1304030
Share on other sites

BMW bought the whole company a while back.........what they pretty much did was keep the good models of cars it had and sold the rest off to a consortium of 4 (as someonestolecc said) nicknamed the Phoniex 4. they got the company for 1£ or 10£ (cant remember)

it's pretty much gone bust now and is being dismantaled. New Rover prices are already slipping cause of warranty reasons.........

there was talk of a bailout deal with SAIC (or something) some chinese car comapny. but it's fallen throught.

with a general election about to take place in the UK the loss of thousands of jobs in the company has been causing a lot of people quite a headache.........

MG made some great cars....................

Link to comment
https://www.sau.com.au/forums/topic/70603-rovers-dead/#findComment-1305966
Share on other sites

Like Paladin has mentioned, BMW basically benefit from that group then when the return on investment is getting a bit long in the tooth then they rip it apart. Ford's Prestige group owns Land Rover, the rest of Rover and MG combined to form MG Rover and was sold to that Phoenix Investment thingy for 10 squid.

They did rack up quite a fair bit of dosh when they released the first lot of Freenlander's in the Land Rover group then see it's a good opportunity to offload them to Ford. No wonder the whole BMW group makes more cash than the ChryslerDaimler group.

Link to comment
https://www.sau.com.au/forums/topic/70603-rovers-dead/#findComment-1305994
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now


  • Similar Content

  • Latest Posts

    • This is a very much loved and well looked after car! - Regularly serviced and maintained - Smooth and reliable to drive - Premium model with Bose speakers, suede/leather seats, and dual climate control - Kenwood Double din DMX7522DABS stereo with USB Mirroring, Android Auto/Apple Carplay, DABS radio - 6 Cylinders 3.5L Engine -Triptronic sports automatic - 11000kms - Pearl White - Registered until August - Small fixable dent on boot and several scuff marks/paint chips.
    • Swapped the injectors around and the misfire followed. I went ahead and ordered the Deatschwerks 550cc injectors and am currently waiting for them to be ship and arrive. In the meantime, I've had my Nistune soldered to the ECU. Tested it, and and tried it out with the software. Everything should be prepared for when the injectors arrive.  
    • Yeah they charge a little extra for mods , last year I noted no mods but I did have an exhaust fitted after that so  better to let them know cause these kinds of things can cause the policy to be void if you ever need to claim.
    • Hello, just just bought an 1999 enr34 with a stock rb25neo and I'm looking to upgrade the engine to 500whp I know some basic things but wondering if there are things I'll need to do to upgrade the stock block and all the bits and pieces to achieve this.
    • Thanks everyone for the replies and suggestions. Got the seats out (hoping I could find some existing grommets but no such luck). By tapping and measuring etc. I could figure out where I could drill through if needed. But first I borrowed an inspection camera and managed to go through factory holes in the chassis rail and could see that the captive nut was holding steady which is why it could retighten. So it was indeed a stripped section of thread, so I applied downforce by levering the bolt head with a screwdriver and went slowly back and forth until it came out. Camera helped a lot cos I could monitor that the captive nut was holding tight. Now I just have one very seized main subframe nut to tackle 😅
×
×
  • Create New...