Bailiffs selling rare MG X Power SV
Discussion
I would love it, a great car which by all accounts handled very well even if they weren't screwed together as well as their initial price suggested they should be. As a business idea it was pretty crazy for MGR to take it on with all the other issues they had at the time, but sort of indicates that they were petrolheads.
As for the badge, there were times when MG was devalued and undermined by various management, but knowing the history of the brand shows that it has proper sports car heritage of which the SV could be said to be the ultimate production reality.
As for the badge, there were times when MG was devalued and undermined by various management, but knowing the history of the brand shows that it has proper sports car heritage of which the SV could be said to be the ultimate production reality.
So what did it sell for?
SVX said:
Isn't the X-Power SV the final incarnation of the De Tomaso Biguia?
Kind of. The Bigua became the Qvale Mangusta and thenwikidiki said:
In the summer of 2000, after BMW had sold the MG Rover Group to the Phoenix Consortium, Bruce Qvale contacted one of the Consortium directors, Nick Stephenson, and proposed forming a European distribution deal for the Qvale Mangusta. Soon after, Stephenson and his colleagues began to consider the possibility of using the Mangusta platform to develop a high-performance halo car to grow the MG brand.
On February 28, 2001, Stephenson and his colleague Peter Beale began negotiations with Qvale Modena to purchase Mangusta production assets. A contract was drawn, and on June 19 of that year, the announcement was made that the deal was complete (with account reports indicating that the price was £7 million.)
Under the MG Rover group, the Qvale Mangusta platform was developed into the MG XPower SV.
On February 28, 2001, Stephenson and his colleague Peter Beale began negotiations with Qvale Modena to purchase Mangusta production assets. A contract was drawn, and on June 19 of that year, the announcement was made that the deal was complete (with account reports indicating that the price was £7 million.)
Under the MG Rover group, the Qvale Mangusta platform was developed into the MG XPower SV.
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