RIP ROVER

[mainmini]

Tis a sad day:(

[sleepyrascal]

is it dead? I thought it was still hanging in the balance?

[sleepyrascal]

Its not dead just yet.... sounds like it will be soon though!

[Duncan Stewart]

Oh dear :(

[Scottie]

with the election around the corner the Goverment will bail them out.

But why should they afterall the directors have helped themselves to nice big fat pay packets and pensions.

If you have a look at the accounts published last year it's shocking
what they took out of that company.

[The Dogfather]

quote:Originally posted by ScottieCoop

with the election around the corner the Goverment will bail them out.

But why should they afterall the directors have helped themselves to nice big fat pay packets and pensions.

If you have a look at the accounts published last year it's shocking
what they took out of that company.

I doubt DTI will bail them out as they were heavily criticised when they helped out British Energy. Rover is a private company and will I'm afraid go under. The company should have been broken up and sold when BMW walked away.

[Scottie]

quote:Originally posted by bad dog mini

quote:Originally posted by ScottieCoop

with the election around the corner the Goverment will bail them out.

But why should they afterall the directors have helped themselves to nice big fat pay packets and pensions.

If you have a look at the accounts published last year it's shocking
what they took out of that company.

I doubt DTI will bail them out as they were heavily criticised when they helped out British Energy. Rover is a private company and will I'm afraid go under. The company should have been broken up and sold when BMW walked away.

they won't go under or rather the NAME won't I believe anyway.

some one will buy the company for a £1. I hope so anyway.

[minidriver#1]

Rover never embraced the future.

[The Dogfather]

Anyone buying the company for a £1 will also have to take on the pension scheme shortfall which I believe is £67m.

[Scottie]

quote:Originally posted by bad dog mini

Anyone buying the company for a £1 will also have to take on the pension scheme shortfall which I believe is £67m.

maybe but to a healthy sound large company £67m is a piff to pay for a Brand Name.

Whether you we think much of that name or not.:)

I can remember the days of the Rover TC etc not as classic but as new cars when you used to see them in the window of Rossleigh @ the Allan Park Stirling in the days when it was the upper class car.