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I'll point you to what happened to MG Rover. Company went bankrupt, a Chinese company bought the assets, and now they make and sell cars in the UK.
by amyjess 8y ago
I'll point you to what happened to MG Rover. Company went bankrupt, a Chinese company bought the assets, and now they make and sell cars in the UK.
- fredoralive 8y agoThe current MG ceased assembly in the UK a couple of years ago. As it involved laying off 25 people, it seems like it was a rather token effort in he first place. https://www.bbc.co.uk/news/uk-england-birmingham-37449289 https://www.bbc.co.uk/news/uk-england-birmingham-37449289
- amyjess 8y agoAck, I didn't know they closed the Longbridge plant. That's pretty sad. Thanks for letting me know.
- sonnyblarney 8y agoThey bought the car company, not a factory. A car company, like 'Jaguar' (similar story) has assets.