Hey - did you know if you click on the title of a thread it will take you to the first unread post since you last visited that thread?
but were afraid to ask: 
STOP!! Never post your email address in open forums. Bots can "harvest" your email! If you must share your email use a Private Message or use the 
smilie in place of the real @
Pretty Please - add it to our Events forum(s) and add to the calendar! >> 
racing girl
Jedi Knight
Offline
-
Hi Guest!
You can help ensure that British Car Forum (BCF) continues to provide a great place to engage in the British car hobby! If you find BCF a beneficial community, please consider supporting our efforts with a subscription.
There are some perks with a member upgrade!**Upgrade Now**
(PS: Subscribers don't see this gawd-aweful banner
MG Rover have gone into receivership
- Thread starter racing girl
- Start date
Share this page
Offline
That sucks.
curtis
Jedi Trainee
Offline
Yes it is sad,but I agree it never looked that promising. I wonder if the government would have helped.
I recall when Aston Martin were in difficulties there was no help available,but they just kept going and look at them now. Mind you I don't suppose this will have helped Blair's election prospects.
Curtis
I recall when Aston Martin were in difficulties there was no help available,but they just kept going and look at them now. Mind you I don't suppose this will have helped Blair's election prospects.
Curtis
OP
racing girl
Jedi Knight
Offline
[ QUOTE ]
I recall when Aston Martin were in difficulties there was no help available,but they just kept going and look at them now.
[/ QUOTE ]
Aston Martin have been declared bankrupt numerous times since their inception, it has always been private individuals who have bought them out and continued the name. They have been a roller coaster from day one. They got by with the skill of their craftsmen and the small artisan companies who supplied them. The large suppliers wouldn't touch them with a barge pole; the few that did, did it for the prestige and the photo opportunities.
The "look where they are now" is due entirely to Ford who have backed them since 1988 and owned them outright since 1991. With Ford they have had access to the newer technologies and components that were previously not available to them; Bosch anti-lock brakes for example. They now use Ford test facilities and proving grounds and all Aston Martin employees receive the Ford payroll and benefits. If it wasn't for this support, Astons would probably be just another company who used to make nice cars.
There are 6,000 people at Rover who stand to lose their jobs, another 18,000 in the local area who supply the company are now in danger, some of these have already closed their doors this morning. The impact on the local community cannot be discounted either, the local shops, cafes, supermarkets etc.
At the turn of the 20th century Birmingham was known as The City of a Thousand Trades; if we carry on like this, the entire country will be lucky to have a thousand trades left.
RG /ubbthreads/images/graemlins/england.gif
I recall when Aston Martin were in difficulties there was no help available,but they just kept going and look at them now.
[/ QUOTE ]
Aston Martin have been declared bankrupt numerous times since their inception, it has always been private individuals who have bought them out and continued the name. They have been a roller coaster from day one. They got by with the skill of their craftsmen and the small artisan companies who supplied them. The large suppliers wouldn't touch them with a barge pole; the few that did, did it for the prestige and the photo opportunities.
The "look where they are now" is due entirely to Ford who have backed them since 1988 and owned them outright since 1991. With Ford they have had access to the newer technologies and components that were previously not available to them; Bosch anti-lock brakes for example. They now use Ford test facilities and proving grounds and all Aston Martin employees receive the Ford payroll and benefits. If it wasn't for this support, Astons would probably be just another company who used to make nice cars.
There are 6,000 people at Rover who stand to lose their jobs, another 18,000 in the local area who supply the company are now in danger, some of these have already closed their doors this morning. The impact on the local community cannot be discounted either, the local shops, cafes, supermarkets etc.
At the turn of the 20th century Birmingham was known as The City of a Thousand Trades; if we carry on like this, the entire country will be lucky to have a thousand trades left.
RG /ubbthreads/images/graemlins/england.gif
curtis
Jedi Trainee
Offline
When I said no help available I should have clarified that by saying Government help.You are right,Racing Girl,when you say it is private people who have kept financing A M and I don't think anyone ever made anything out of their ownership.
There is a lovely story that David Brown was asked by someone if he could supply them with a convertible at cost.
DB replied ,"yes,of course,that will be ÂŁ1000 above list price"
Curtis
There is a lovely story that David Brown was asked by someone if he could supply them with a convertible at cost.
DB replied ,"yes,of course,that will be ÂŁ1000 above list price"
Curtis
curtis
Jedi Trainee
Offline
Racing Girl. Aha! I thought your post on Aston Martin was well informed. So I visited your homepage and all is revealed!!
Although Astonless at the moment I have owned and raced a DB5,DB2/4 MK1, DB2/4 MK111.They kept me poor but the pleasure was immense. /ubbthreads/images/graemlins/laugh.gif
Did you get to drive one,or more?
Curtis
Although Astonless at the moment I have owned and raced a DB5,DB2/4 MK1, DB2/4 MK111.They kept me poor but the pleasure was immense. /ubbthreads/images/graemlins/laugh.gif
Did you get to drive one,or more?
Curtis
Hi Steve
They are trying to save/sell parts of the Group as a going concern. It is said that the Chinese are interested in the Engine division and there has been several interested parties in obtaining the rights to the MG Brand name.
Does look pretty bleak, lots of redundancies both from Rover and Supplier Companies.
Regards
Alan
They are trying to save/sell parts of the Group as a going concern. It is said that the Chinese are interested in the Engine division and there has been several interested parties in obtaining the rights to the MG Brand name.
Does look pretty bleak, lots of redundancies both from Rover and Supplier Companies.
Regards
Alan
DART
Darth Vader
Offline
And I see in the newspaper today that the receivers have pulled the plug and are sending out 5,000 pink slips this weekend. Another 1,100 workers staying around to finish the cars in progress and prepare the factories for sale. How would you like to buy a car with a build date of May 2005??? Oh, no problem, it has a 10 year factory warranty. /ubbthreads/images/graemlins/frown.gif
Sherlock
Yoda
Offline
I get the feeling that recovery is unlikely now, based on what was just posted above and what I read yesterday in our local automotive section...
MG Rover may live on in a manner of speaking, if China ever decides to manufacture some of the designs in China under their own name. It's definitely a sad day for that country, to essentially see the final end of independent automotive manufacturing... As the paper said yesterday - "Workers at Longbridge fear thousands of jobs will go. "There are blokes walking around in shock," said Pat Wilson, 54, who has worked there for 32 years."
Only a few speciality manufacturers remain, and there aren't many of them either. Yet I read a few years ago that in the future fewer and fewer automotive companies will remain as the automotive industry consolidates, I sense a number of of historic makes may yet bite the dust in the future.
MG Rover may live on in a manner of speaking, if China ever decides to manufacture some of the designs in China under their own name. It's definitely a sad day for that country, to essentially see the final end of independent automotive manufacturing... As the paper said yesterday - "Workers at Longbridge fear thousands of jobs will go. "There are blokes walking around in shock," said Pat Wilson, 54, who has worked there for 32 years."
Only a few speciality manufacturers remain, and there aren't many of them either. Yet I read a few years ago that in the future fewer and fewer automotive companies will remain as the automotive industry consolidates, I sense a number of of historic makes may yet bite the dust in the future.