MG sold ...If this doesn't beat all? UGH!
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Nanjing buys MG Rover
July 23, 2005
Administrators for MG Rover Group Ltd. said Friday that the collapsed British automaker has been bought by Chinese carmaker Nanjing Automotive.
PricewaterhouseCoopers, which took over administration of Rover when the automaker filed for bankruptcy in April, said Nanjing had bought the assets of both MG Rover Group and its engine-producing subsidiary Powertrain Ltd.
July 23, 2005
Administrators for MG Rover Group Ltd. said Friday that the collapsed British automaker has been bought by Chinese carmaker Nanjing Automotive.
PricewaterhouseCoopers, which took over administration of Rover when the automaker filed for bankruptcy in April, said Nanjing had bought the assets of both MG Rover Group and its engine-producing subsidiary Powertrain Ltd.
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