There has been uproar about the BHS affair but relatively little nationwide reaction to this news,
Why would there be a lot of reaction? Most people aren't aware of MG and the cars they produce and stopping production here in the UK is not a big story in any way.
This is not about the Chinese, but about the greed of individuals and venture capitalists (Phones4u anyone) (BHS)(name others at will,,, (I still have a phones 4 u contract active on the life network £6 amonth 1000 minutes 1 gb data) taking control of who they can and borrowing pots of money, awarding themselves a nice bonus nice salaries and then letting the Co go to the wall. who gets stiffed? shareholders/bankers and sadly and most importantly the workers.
I stll have friends who were ex BL/Rover/MGR employees and are still suffering the financial effects of the collapse.
One sad bit is that the chinese listened to the marketting men/PR who said that the MG brand could be revived.
A few years ago in this forum i stated that at £9995 ish the MG6 would have walked itself out of the showrooms selling in good numbers.
In fact the last MG6 petrols sold for £8995
The MG3 should be sold at £7995 base model with 5 years warranty/servicing/breakdown cover.
Edited by oldroverboy. on 30/09/2016 at 14:56
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