Rover changes name and drops euro demand LONDON — The Rover Group is changing its name to MG Rover Group Ltd. The company says the new name reflects both of its current brands — MG and Rover. BMW AG sold Rover to the Phoenix consortium earlier this year. Separately, the auto-maker says its British suppliers do not have to operate in euros. BMW had told U.K. suppliers they would have to shift to the European currency in order to continue supplying the automaker. Rover executives also say ...
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