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MG Rover
Member rating: No Rating | Words: | Submitted: Fri Aug 26 2005
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Business Studies coursework Task 8 continued: Latest news shows that the car company, MG Rover will be taken over by a Chinese car manufacturer. This may vastly affect the sales of car production for the MG Rover Company. The company 'Shanghai Automotive' will own 70% of the company whilst MG Rover owning 30%, which means that the company may change names and affect customer's who already own a MG car, meaning they may feel unhappy with the change, as the company production maybe moving to China. This means sales and customer satisfaction may change dramatically for the business. As the company is taking over (Shanghai Automotive) this means that they are going to inject around £1 billion pounds aiming to make over 100 million cars a year. This means saving over 6000 jobs that would have been depleted if the Chinese car manufacturers had not come up with the money to save...
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