The former owner and manufacturer of the MINI is no more. Here’s the latest from Autocar:
At 10.52am today, Friday 15 April, it was all over for MG Rover. That was when the company’s administrator, PricewaterhouseCoopers (PWC), announced that SAIC (Shanghai Automotive Industries Corporation) had indicated ‘that they are not willing to acquire either the whole or part of the business on a going concern basis,’ according to Ft.com.
[ All over for Rover ] Autocar
…While it is possible that at some point, MGs will go into production again, because the brand still has considerable value, it is highly unlikely that Rover production will restart in the UK. If SAIC wants to use the badge for cars built in China, it would have to do a deal with BMW, which owns the brand name.
The closure of Longbridge brings to an end the long decline of British Leyland, the vast conglomerate formed of Austin, Morris, MG, Jaguar, Rover and Triumph – as well as numerous truck and bus companies – in 1968 with the encouragement of the then Labour government. Jaguar and Land Rover survive at Ford, and a kernel of Austin-Morris lives on with BMW’s Mini, but last week the heart of BL finally died.
Not much more to say folks. It’s a sad day for the British auto industry, it’s workers, and it’s supporters. Time to raise a pint to the hundred years of history that has come to an end.