Archive for March, 1999
Archive : BMW sets four-week deadline for Rover aid
THE INDEPENDENT Michael Harrison Business Editor BMW YESTERDAY gave the Government a four-week deadline to come up with an acceptable aid package for Rover’s Longbridge car plant in Birmingham or risk seeing a £1.7bn investment in a new family model go overseas. The German car maker is seeking a subsidy of up to £200m to [...]
March 31, 1999
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Archive : Jaguar Comes Roaring Back
NEW YORK TIMES Ford Puts British Automaker on the High Road : Jaguar Comes Roaring Back In the annals of the automobile industry, Ford Motor Co.’s purchase of Jaguar has to rank as a truly long-term investment. Bought a decade ago for £2.5 billion ($4.07 billion) as a vehicle to take Ford upmarket, Jaguar instead [...]
March 24, 1999
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Archive : Jaguar snaps up ex-BMW boss
THE GUARDIAN By David Gow and Barbara Schmidt-Mattern Wolfgang Reitzle, the former BMW executive ousted last month in a boardroom battle over Rover, has been appointed chairman of Jaguar Cars, its parent company, Ford, announced yesterday. Dr Reitzle, regarded as a marketing genius but ferocious cost-cutter, who favoured wielding the axe to the bulk of [...]
March 20, 1999
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Archive : Longbridge hopes dashed as BMW rejects UK aid offer
THE INDEPENDENT Philip Thornton Transport Correspondent HOPES OF saving Rover’s car factory at Longbridge were dealt a severe blow last night after its German owner BMW rejected a British aid package. BMW said it did not agree with UK officials on details of the subsidy offer to help build a new medium-sized car at Rover’s [...]
March 20, 1999
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Archive : Rover plant on brink as BMW spurns aid deal
THE GUARDIAN By David Gow, Industrial Editor Longbridge, the Rover plant, yesterday suffered two grievous blows to its future as BMW, the UK car group’s German owners, rejected a £118 million grant aid package from the Government as pitifully inadequate and unveiled record £647 million losses at Rover. The Government’s offer to support BMW’s planned [...]
March 19, 1999
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Archive : Land Rover kits to be built on the Baltic
THE GUARDIAN By Tom Whitehouse in Moscow The classic Land Rover is to be assembled in Russia to cater for the booming demand for vehicles capable of negotiating its appalling road network. Kit versions of the car, which has not changed much since it was first built 50 years ago, will be put together in [...]
March 18, 1999
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Archive : BMW raises Rover hopes
By David Gow, Industrial Editor New car to replace 200 and 400 series but Longbridge future still not secure BMW’s new chairman, Joachim Milberg, last night announced that the German car group is to build a new medium-sized model to replace Rover’s 200 and 400 series, raising hopes that it will invest more than £1 [...]
March 10, 1999
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Archive : Rover’s future: Longbridge vs Hungary
BBC Business: The Company File German carmaker BMW says production of new Rover models, the key to saving the Longbridge plant, could take place in either the UK or Hungary. Jonathan Charles in Geneva: Porche claims unfair competition and is writing to the European Commission. The company has put the heat on the UK Government [...]
March 9, 1999
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Archive : Mini Celebrates 40th Anniversary
Marking four decades as the world’s favourite small car, the distinctive new Mini 40 Limited Edition combines elements from the 1960s with the very latest in style. The car comes in a choice of arresting new colours; Island Blue, Mulberry Red or Old English White. Limited to 250 models in the UK, the car will [...]
March 4, 1999
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Archive : MG 75th Anniversary Limited Edition MGF
MG Cars has announced a celebration Limited Edition of the UK’s best-selling sports car, the MGF. Restricted to a production run of 2,000 the MGF 75th anniversary LE will be built in both 1.8i and 1.8i VVC versions. The car makes its public debut at the Geneva motor show. Available in two colours, Mulberry Red [...]
March 4, 1999
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Archive : MGF Supersports At Geneva
MG Cars is unveiling the latest version of the MGF ‘Super Sports’ at the 1999 Geneva Motor Show. This new Super Sports is a prototype, high performance road-going derivative of the MGF. The car was created in response to the overwhelming reception given to the MG Super Sports concept car shown at Geneva in 1998. [...]
March 4, 1999
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