MG Rover dismisses any talk of being shanghaied
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MG Rover yesterday played down reports that China&#39;s most powerful home grown carmaker, Shanghai Automotive Industry Corporation, was planning to take over the British group.
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Don't go gellin' with mutual fund giant Magellan.
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Troubled car maker MG Rover announces its latest financial results on Thursday morning.
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THE head of MG Rover has held out the prospect of increased production at the car giant&#39;s UK factory under plans to link up with China&#39;s biggest auto manufacturer.
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China's Foreign Ministry on Tuesday denied the Chinese government would mount a legal challenge against BHP Billiton's  proposal to take over rival Australian miner Rio Tinto .
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LONDON  - Chinese company Shanghai Automotive Industry Corp. may be ready to step in to save ailing British car manufacturer MG Rover, a media report said.
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Ford yesterday rejected claims that the end of Jaguar cars production at Browns Lane was the start of wider plans to make further cutbacks.
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French carmaker Renault  on Monday denied a British media report that said it was a possible bidder for Ford's  luxury UK car brands Jaguar and Land Rover.
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Peugeot of France denied a report from Tokyo that it was in talks with scandal-hit Japanese automaker Mitsubishi Motors over a comprehensive alliance that includes a capital tie-up.
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Chinese carmaker Shanghai Automotive Industry Corp. (SAIC) has played down reports that it is about to sign a deal for a joint venture with MG Rover, the Times newspaper reports.
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The automaker said today that it had received several opening bids for Jaguar and Land Rover but had made no decisions on the fate of the two British brands.
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as well as its most-loathed - cars, Rover yesterday confirmed a takeover deal by a Chinese state-owned company that marks
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MG Rover Group Ltd., the last British volume carmaker, is ``confident&#39;&#39; it will sign a 1 billion-pound ($1.86 billion) investment agreement with Shanghai Automotive Industry Corp.
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MG Rover is on the brink of a Â£1bn deal with a Chinese company that will help secure the future of its giant Longbridge plant. Under the joint venture with the Shanghai Automotive Corporation, a new company
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Indian automaker Mahindra will not bid for luxury British car brands Jaguar and Land Rover, although India&#39;s Tata Motors is still &quot;strongly committed&quot; to a deal, a report said Friday.
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MG Rover's Longbridge factory in Birmingham is due to reopen on Tuesday under Chinese ownership.
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General Motors Corp. , in the midst of reassessing its unprofitable European operations, is not ruling out closing a plant there and is likely to cut some jobs, a GM spokesman said on Wednesday.