How is MG Rover Group Faring after the Takeover of Nanjing Motor Group Limited?
DUBLIN, Ireland--Sept. 26, 2005--Research and Markets (http://www.researchandmarkets.com/reports/c24815) has announced the addition of MG Rover Group Limited 2005 company profile edition 2 to their offering.Headquartered at Longbridge, Birmingham, UK, the MG Rover Group is an independent company engaged in the production of automobiles under the Rover and MG brands. MG Rover's sister company, Powertrain Ltd, is involved in manufacturing engines and transmissions for MG and Rover range of cars. In addition, it manufactures motors for other car makers such as Group Lotus and Land Rover (currently owned by Ford).
In recent years, the company has been facing heavy losses due to reduced sales. During 2004, MG Rover reported net losses of GBP 64.1 million. MG Rover was previously owned by Phoenix Venture Holdings (PVH). However, in July 2005, Nanjing Motor Group Limited (NMGL) purchased the assets of both MG Rover and Powertrain Ltd.
This company profile looks at the following topics in relation to MG Rover Group
-- Company Dossier
-- Worldwide Locations
-- Financial Analysis
-- Competitor Analysis
-- Key Events
-- SWOT Analysis
-- Customers
-- Products
-- Product Development
-- Prospects
For more information visit http://www.researchandmarkets.com/reports/c24815