Administrators for Britain’s MG Rover Group said they would break up the company, laying off 5,000 workers, in a bid to find buyers for different units after the Shanghai Automotive Industry Corp


Friday 15th April 2005

Administrators for Britain’s MG Rover Group said they would break up the company, laying off 5,000 workers, in a bid to find buyers for different units after the Shanghai Automotive Industry Corp. made clear it was not interested in a joint venture.


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