LONDON, Feb 22 (Reuters) - Property developer St. Modwen Properties Plc said on Wednesday Chinese carmaker Nanjing Automobile had signed a 33-year lease on the former MG Rover plant at Longbridge in central England.
"A landmark agreement, which opens the way for future car production at Longbridge, Birmingham, was signed today," St.Modwen said in a statement.
Nanjing, which bought MG Rover out of bankruptcy last year, was quoted in the statement as saying it planned to ...
Sign in to access
this Article
"Nanjing signs 33-yr lease on former MG Rover site" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. To obtain Premium status, please contact us.
Why Become a Premium Subscriber?
WardsAuto.com Premium subscribers have access to the full breadth of Ward’s articles, news, analysis and features as well as all the Ward’s data and statistics as soon as they are available in Excel spreadsheet format. Learn more about the benefits of Premium access here.
