 | |
| Industry | Automobiles |
|---|---|
| Predecessor | Rover Group |
| Founded | 2000 |
| Defunct | April 2005 |
| Fate | Administration, with £1.4 billion in debt, later liquidated |
| Successor | MG Motor |
| Headquarters | Longbridge, Birmingham, United Kingdom |
Number of locations | |
Key people |
|
| Brands | |
| Parent | Phoenix Venture Holdings |
| Subsidiaries |
|
| Website | web |
MG Rover Group was a British carmaker that existed between 2000 and 2005. It was the last domestically owned mass-production car manufacturer in the British motor industry. The company was formed when BMW sold the car-making and engine manufacturing assets of the original Rover Group to Phoenix Venture Holdings in 2000.
MG Rover went into administration in 2005 and its key assets were purchased by Nanjing Automobile Group,[1] with Nanjing restarting MG sports car and sports saloon production in 2007. During that year Nanjing merged with SAIC Motor (the largest vehicle manufacturer in China). During 2009 the UK subsidiary was renamed MG Motor UK. The MG TF was manufactured at the former MG Rover Longbridge plant and sold within the UK from 2008 to 2010. In 2011 the first all new MG for 16 years (the MG 6) was launched in the UK (assembled at the Longbridge factory). During 2013 a supermini was added to the line up (the MG 3), this went on to help MG Motor become the fastest growing car manufacturer within the UK in 2014.
The Rover brand, which had been retained by BMW and licensed to MG Rover, was sold to Ford, which had bought Land Rover from BMW in 2000. The rights to the dormant Rover brand were sold by Ford, along with the Jaguar Cars and Land Rover businesses, to Tata Motors in 2008.
MG Rover Group was formally dissolved on 28 May 2023,[2] more than 18 years after it was originally put into administration in April 2005.[3]
- ^ "Rover sold to Nanjing Automobile". BBC Online. BBC. 23 July 2005. Archived from the original on 19 November 2007. Retrieved 30 April 2007.
- ^ "Final Gazette Notice – MG Rover Group Ltd" (PDF). gov.uk. Companies House. 28 May 2023. Archived from the original on 24 May 2024. Retrieved 24 April 2024.
- ^ "Notice of administrator's appointment – MG Rover Group Ltd" (PDF). gov.uk. Companies House. 12 April 2005. Archived from the original on 24 May 2024. Retrieved 24 April 2024.