Selling your classic car? It's FREE to list your car on Honest John Classics | No thanks

Rover considers Polish plant deal

14 February 2003

MG Rover is considering a £300m deal to buy a Polish car factory.

The Polish authorities have agreed to allow the Birmingham-based company to invest the cash in a former Daewoo plant near Warsaw. The opportunity arose after the South Korean car firm went into administration last year, owing millions of pounds around the world, including to the Polish government.

MG Rover would make cars and engines in the country.

Chinese deal

It would not be the first time MG Rover has looked abroad to strengthen its position in the market. The company struck a deal in March last year to develop a new range of medium-sized cars in China. And in December last year, the firm announced it was to go in to partnership with the Indian firm Tata Engineering to make a new small car.

MG Rover is due to make a final decision about investing in the project by the end of Friday.

More news from the archive

Fri, 07 Jun 2002
British carmaker MG Rover has announced plans to take over a car factory in Poland as part of its effort to assemble and sell more...
Thu, 11 Jul 2002
Rover's Longbridge plant: Edging towards profitability? Car maker MG Rover has said it will not break-even this year after all....
Tue, 22 Oct 2002
MG Rover Group has launched a high performance sports car that it hopes will rival the likes of Porsche, Maserati and Jaguar. The MG...
Wed, 23 Oct 2002
The Chinese authorities have issued an arrest warrant for Yang Rong, the missing former chairman of Brilliance, the country's biggest...
Wed, 20 Nov 2002
The new MG Rover model will be built at a factory in India, the Birmingham-based company has announced. The small car, which has...
Fri, 02 May 2003
A union leader said MG Rover misjudged the mood of workers at its Longbridge factory in Birmingham after they voted to call off a planned...
Tue, 08 Jul 2003
The new City Rover will cost about £6,000 MG Rover is unveiling its new small car at its Longbridge factory in Birmingham. The car...
Wed, 17 Sep 2003
Tata Motors, the Indian firm that is building MG Rover's next car for the UK market, has been showing off the City Rover, which is...
Tue, 11 Nov 2003
Union leaders are to meet the Birmingham-based car group MG Rover after it was announced that a £12.9m trust has been set up for senior...
Tue, 25 Nov 2003
Car maker MG Rover is suspending production for the rest of the week to help clear stocks of unsold cars. The Midlands manufacturer...
 

Compare classic car insurance quotes and buy online. A friendly service offering access to a range of policies and benefits.

Get a quote