View Single Post
Old 4th January 2008, 22:49   #252 (permalink)
iraghava
Distinguished - BHPian
 
iraghava's Avatar
 
Join Date: Oct 2005
Location: Bhaiyyaland
Posts: 7,816
Default

Quote:
Originally Posted by Thad E Ginathom View Post
Rover... I think that 'Rover' and 'Landrover' brands parted company long since, didn't they? Doesn't Rover belong to some company in China? Surely Ford owned Landrover while "Rover" was still struggling to remain the last non-specialist "British" car company?
Yup Thad, BMW sold Land Rover to Ford for a healthy sum & it got joined into Ford's PAG divison (LR, Jag, AM, Volvo) while after unsuccessfully trying to run Rover/MG, they sold it to the Phoenix Consortium for a tenner & Rover even got money from the British Govt. to keep them afloat.

Alas, that did not help as after a few years of generally monkeying about the consortium heads walked away with most of the money & after declaring bankruptcy sold the brand/plant to two separate Chinese companies.
__________________
There is a very fine line between "Hobby" and "Mental Illness".
iraghava is offline   Reply With Quote