Press Release from the GB Sports Car Company Ltd 3-8-05
Fraser Welford-Winton, MD GB Sports Car Company Ltd announces the next steps in the development of MG automobiles at Longbridge
Nanjing Automobile Group and Fraser Welford-Winton, Managing Director of the GB Sports Car Company Ltd, have reached an agreement to collaborate on the next phases of activities resulting from the acquisition of the assets of MG Rover Ltd and Powertrain Ltd and in particular the finalisation of the UK strategy.
In conjunction with Nanjings established advisers, Arup Group and China Ventures Ltd, Fraser?s team will work on the development of a range of MG automobiles to be designed and developed for manufacture at Longbridge, Birmingham. Other activities will include the consolidation of the Longbridge site for automobile manufacturing and related activities in conjunction with St. Modwen Plc.
Fraser Welford-Winton said:?I am delighted I will be at the heart of the development and implementation of a business plan that will produce long term skilled jobs at Longbridge and create a centre of excellence for sports car activities for which the UK is world renowned?
Wang Hong Biao, Vice President Nanjing Automobile Group said:? We are delighted to have such fine British partners to reach our goals. In particular the wide knowledge and experience of Fraser and his team will complement the skills of ARUP and Nanjing Automobiles?
John Miles, Director of Arup Group said:? We welcome this agreement between Nanjing and Fraser. We look forward to deploying our engineering and design skills to help them to bring their vision of an MG car range to fruition?
|
|
Thi is good news though of the full recent MG Rover range this would seem to only implicate the TF, i.e. this will be very much a niche sports car operation. I wonder if such a venture can support an extensive facility such as Longbridge, afterall if they were to manaufacture ZT's etc they would have to collaborate with SAIC who now own the intelectual rights to the Rover 75.
|
|
|
|
HJ, you get up almost as early as me. Or, had you not yet gone to bed after a wild night out!
|
|
|
