UPDATE 2-Shanghai Auto plans to buy UK's MG Rover - paper

Newswire

(Adds quotes from story, background) FRANKFURT, Aug 23 (Reuters) - Shanghai Automotive Industry Corp (SAIC), China's largest carmaker, plans to buy privately held British automaker MG Rover in a bold push to grab a Western beachhead, the Automotive News Europe weekly reported on Monday. Quoting sources in England and China, the paper said SAIC would boost its ambitions to become the world's sixth-largest automaker by taking an initial equity stake in MG Rover, the size of which was still ...

Premium Content (PAID Subscription Required)

"UPDATE 2-Shanghai Auto plans to buy UK's MG Rover - paper" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.

Already registered? here.

Sponsored Introduction Continue on to (or wait seconds) ×