[doc] Poss Good news for MG

["Mark" <mark@xxxxxxxxxxxxxxxxxxxxxxxxxxxx>]

I received a phone call from a friend today, an ex Lotus/Delorean Engineer
that he, Colin Spooner and Barrie Wills are in the final stages of putting
together a bid to purchase assets related to MG from the administrators of
MG Rover Group Limited and Powertrain Limited, PricewaterhouseCoopers under
the company Chapman Automotive .

Finance for the bid, which relates only to the MG brand, the TF two-seater
sports car (MGF etc) and associated manufacturing equipment, is supported by
a consortium of investors including an overseas vehicle manufacturer, a US
based investment fund and a wealthy entrepreneur!!!!!!!!!!!!!!

Chapman Automotive plan sees the revival of the MG TF model only and the
transfer of its production from Longbridge to another facility in the West
Midlands. It does not include the MG range of Rover Car such as ZR,ZS & ZT

It is envisaged that production will commence later this year, with sales
through a revived dealer network in the UK, Europe and later a return to the
US market.

 Mark



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