Business Review: MG Rover CHINESE

I have been covering the story of MG rover, ever since they started to get into financial problems. after going into administration, the chinese company ( Shangahai Automotive Industry ) that rejected proposals to buy the company before, finally offered to buy the company, but it was not alone, many companies from Iran as well as China and others applied too. And a relatively smaller Chinese Company won the deal the company is called "Nanjing Automotive".
This means many people who lost their jobs back in the U.K will be able to have their jobs again, thanks to the Chinese...
With the collaps of MG rover, there are no other British owned automotive companies...
jaguar and land rover are owned by Ford, Daimler has merged with Chrysler long time ago, Rolse Royce and Bently have been sold to BMW and VW.
News is here

