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ROVER SOLD!!! for 10 quid!

To: mgs@autox.team.net
Subject: ROVER SOLD!!! for 10 quid!
From: MGMagnette@aol.com
Date: Tue, 9 May 2000 12:39:21 EDT
    No no not my old Rover sitting in the backyard with moss on the roof... 
The whole damn company was sold for 10 pounds.  Thats about, um, five issues 
of Autocar.  

>From the BBC:

Production of the Rover 75 will be shifted from Cowley, Oxford, to Longbridge 
in Birmingham as part of the deal. 

Phoenix retains production of the full Rover range, MG and the current Mini, 
and plans to develop an estate version of the award-winning 75 model. 

BMW keeps the new Mini, to be produced at Cowley, and retains rights to the 
Triumph and Riley marque names. 


    Pheonix also got a gift of 500 million pounds to keep the company afloat 
in the mean time.

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