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MG Rover sold to Nanjing Auto
Friday, July 22, 2005 Administrators PriceWaterHouseCoopers (PWC) have announced that the British car company MG Rover and its engine manufacturer Powertrain Ltd has been sold to Chinese company Nanjing Automobile for an unknown sum of money. The company beat bids from Shanghai Automotive (SAIC), despite being the smaller of the two. MG Rover collapsed this Spring, after struggling to make […]