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aLiEn News & Reviews

Thursday, April 07, 2005

Business Review: MG Rover Future?

. MG Rover, the British car maker is facing very rough financial problems...
It has been struggling to survive... the government doesn't seem to be wanting to take the risk of providing loans to the insecure company. The only hope for the car maker to survive is by providing a Chinese car company 75% stake in the business . The Chinese Company is , Shanghai Automotive Industry Corporation (SAIC)

Q and A about the news is here
source: BBC NEWS

posted by Alan at 1:43 PM