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7th May 2017, 07:06 | #21 | |
I really should get out more.......
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7th May 2017, 10:02 | #22 |
Posted a thing or two
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I have for a number of years now been amazed at the number of school leavers going to uni to do "busines studies", and then equally amazed how badly run the corporate and management affairs of the country and big business is run. Succsesive governments, started by Maggie, helped by Tony Blair and his chinless pal have really done serious harm to this country and its interests - for Rover Group read HMS GB
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7th May 2017, 10:02 | #23 | |
I really should get out more.......
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The sale of Rover Group to BMW by the then Government of the day was a classic monumental and moronic mistake, for which the minister responsible, should have been held to account. This was partly to help finance the failing British Aerospace industry. Now the management of MG Rover as it became known when BMW left, having stripped them of everything important, were let us say in a typically understated British way, not up to the job, some will say they were self-serving and had no interest in saving the group. In any case the collapse of MG Rovers should be packaged as a part of an undergraduate degree in Economics, and taught at British Universities as an example par excellance as to how to destroy the last large scale manufacturing industry without holding anyone to account. |
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7th May 2017, 10:46 | #24 |
This is my second home
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It's not an attitude, it's simply how things are. Phoenix group were small fry in terms of funding, as i mentioned in other posts you really need billions in funding. They were never going to raise sums of that size.
The government didn't sell Rover, British aerospace did, as iirc they were a public listed company not state owned. As for struggling quite the opposite they'd landed some huge contracts in the middle east just a couple of years previously. They sold rover because it wasn't what they did, they wished to focus on aerospace not cars. I don't believe phoenix couldn't have done anything different, like I said previously the sums of money required were simply too large. So yes they may well have wasted tens of millions but in the car industry that's chicken feed. |
7th May 2017, 20:31 | #25 |
Loves to post
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He may be referring to certain actions by PVH some examples I gave earlier in this thread- in that transferring some more profitable areas from MGR to the holding company may not have been in the best interests of MGR group. but were certainly in the interests of PVH and its owners.
While PVH did keep going MGR for quite a while I don't believe they were the white knights some folks seem to think they were.
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Last edited by Rikki; 7th May 2017 at 20:51.. |
19th October 2021, 21:24 | #26 |
Owners Club Director
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Last 2 posts removed. Lets keep politics off the forum.
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20th October 2021, 10:10 | #27 |
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Without major investment running into billions of pounds Rover would have gone. Bentley would have gone if they had not become part of VAG.
Car production is hugely expensive and requires huge financial resources to exist. |
20th October 2021, 10:23 | #28 | |
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Agreed. Jaguar would have also gone without the huge levels of investment by Tata. |
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20th October 2021, 18:06 | #29 |
Gets stuck in
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I have fantasised about what would have become of MGR if Tata had picked them up rather than the Chinese, and provided finance and proper management and left production in the UK.
Mind you, I am a Johnny Foreigner and don't know much of the political and financial details of the whole sad affair. (Mind you we have had similar disasters here in Canada)
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20th October 2021, 19:20 | #30 |
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I have done a fair amount of reading of documents and books on what happened with mgr. My personal opinion is... Mg still had some connection with the public, unfortunately its reputation in the u.k wasn't the best when compared to the likes of BMW, audi or Merc. Unfortunately rover was a dead brand... As much as we may love our rovers, I think it was. The damage was done and the brand was synonymous with poor build quality and old designs and being plagued with a lack of funds as far as the wider buying public was concerned.
Maybe, if rover had been given a make over from branding to vehicle designs it may have got the interest of the British buying public?.. but then, they wouldn't have been rovers anymore, much like the new mgs aren't mgs.. A good and quick insight into what happened can be seen here https://youtu.be/E_fDgIqUo3o Any other UK vehicle manufacturer such as Morgan is more a specialised nich'e market.. not exactly mass production. Had mg rover been bailed out and perhaps even nationalised, I can't help but wonder what mg rover would be like today.. a booming success turning a profit and employing tens of thousands directly and indirectly... Who knows.. a shame none the less. |
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