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MG Motor
MG Motor is a British automotive manufacturer owned by SAIC Motor, a Chinese state-owned carmaker based in Shanghai. It uses the MG marque, founded in Oxford, England, in 1924. SAIC Motor gained control of the marque in December 2007 by acquiring Nanjing Automobile Corporation (NAC), which had bought the brand from the defunct MG Rover Group in 2005. Currently, MG operates as a division within SAIC's passenger vehicle branch. MG vehicles are designed and developed by SAIC, and manufacturing mainly takes place at SAIC's plants in China. Additionally, SAIC produces MG vehicles in Thailand, India, Indonesia, and Taiwan for their respective regional markets. The brand briefly assembled cars at the Longbridge plant in the UK from 2007 to 2016, before reverting to sourcing vehicles directly from China. In China, MG is also known by its Chinese name , and it is one of several passenger car brands directly owned by SAIC, alongside IM Motors, Rising Auto, Roewe and Maxus ( LDV fo ...
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Geneva International Motor Show
The Geneva International Motor Show was an annual auto show held in March in the Swiss city of Geneva. The show was hosted at the Palexpo, a convention centre located next to the Geneva Cointrin International Airport. The Salon was organised by the Organisation Internationale des Constructeurs d'Automobiles, and was considered an important major international auto show. First held in 1905, the Salon hosted almost all major internal combustion engined models in the history of the automobile, along with benzene- and steam-powered cars from the beginning of the century. Exotic supercars often steal the spotlight during their debuts at the show. Prototypes, new equipment, technical breakthroughs, international partnerships, as well as political and social debates, have been announced at the exhibition. The show was regarded as a level playing field for the world's automakers, aided by the fact Switzerland lacked an auto industry of its own. The Geneva International Motor Show was n ...
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Exporter
An export in international trade is a good produced in one country that is sold into another country or a service provided in one country for a national or resident of another country. The seller of such goods or the service provider is an ''exporter''; the foreign buyer is an '' importer''. Services that figure in international trade include financial, accounting and other professional services, tourism, education as well as intellectual property rights. Exportation of goods often requires the involvement of customs authorities. Firms For any firm, Global expansion strategies may include: * Franchising, * Turn Key Project, * Export, * Joint Venture, * Licensing, * Creating an owned subsidiary, * Acquisition, * Merger, etc. Exporting is mostly a strategy used by product based companies. Many manufacturing firms begin their global expansion as exporters and only later switch to another mode for serving a foreign market. Barriers There are four main types of export ...
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Rover 25
The Rover 200 Series, and later the Rover 25, are a series of small family cars that were produced by former British manufacturer Rover (marque), Rover from 1984 until 2005. There have been three distinct generations of the Rover 200. The first generation was a four-door saloon car based on the Honda Ballade. The second generation was available in three or five-door hatchback forms, as well a coupé and cabriolet (in relatively small numbers). Its sister model, the Honda Concerto was built on the same production line in Rover's Longbridge factory. The final generation was developed independently by Rover on the automotive platform, platform of its predecessor, and was available as a three or five-door hatchback. Just before BMW's sale of Rover in 2000, and following a facelift, the model was renamed and sold as the Rover 25, and the MG ZR was based on the Rover 25 with mechanical changes to the suspension. Production ceased in 2005 when MG Rover went into Administration (insolve ...
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Rover 75
The Rover 75 is a car which was manufactured from 1998 to 2005 and sold under the British Rover marque. It is a large family car and came in four-door saloon and five-door estate body styles. Initially built only with front-wheel drive, a rear-wheel drive variant with a V8 engine was later sold. There was also an extended-wheelbase model. In 2001, MG Rover launched a badge engineered variant, the MG ZT. A coupé concept was built, but did not receive further development. Rover 75s were manufactured by the Rover Group at Cowley, Oxfordshire for one year. After owner BMW sold Rover, the 75 was manufactured by the new MG Rover Group at their Longbridge site in Birmingham. The Rover 75 debuted at the Birmingham Motor Show, with deliveries commencing in February 1999. As the last large Rover saloon, production of all models ended in 2005 when MG Rover Group entered receivership. History The Rover 75 started life as part of a group of three new designs for the company under ...
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Intellectual Property
Intellectual property (IP) is a category of property that includes intangible creations of the human intellect. There are many types of intellectual property, and some countries recognize more than others. The best-known types are patents, copyrights, trademarks, and trade secrets. The modern concept of intellectual property developed in England in the 17th and 18th centuries. The term "intellectual property" began to be used in the 19th century, though it was not until the late 20th century that intellectual property became commonplace in most of the world's List of national legal systems, legal systems."property as a common descriptor of the field probably traces to the foundation of the World Intellectual Property Organization (WIPO) by the United Nations." in Mark A. Lemley''Property, Intellectual Property, and Free Riding'', Texas Law Review, 2005, Vol. 83:1031, page 1033, footnote 4. Supporters of intellectual property laws often describe their main purpose as encouragin ...
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Nanjing Automobile Corporation
Nanjing Automobile is a state-owned enterprise with a history that dates from 1947,Nanjing Automobile (Group) Corporation
businessweek.com
making it the oldest of the Chinese sRover sold to Nanjing Automobile
bbc.com, Saturday, 23 July 2005, 09:36 GMT
although the comparatively younger
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BBC Online
BBC Online, formerly known as BBCi, is the BBC's online service. It is a large network of websites including such high-profile sites as BBC News and BBC Sport, Sport, the on-demand video and radio services branded BBC iPlayer and BBC Sounds, the children's sites CBBC and CBeebies, and learning services such as Bitesize and BBC Own It, Own It. The BBC has had an online presence supporting its TV and radio programmes and web-only initiatives since April 1994, but did not launch officially until 28 April 1997, following government approval to fund it by Television licensing in the United Kingdom, TV licence fee revenue as a service in its own right. Throughout its history, the online plans of the BBC have been subject to competition and complaint from its commercial rivals, which has resulted in various public consultations and government reviews to investigate their claims that its large presence and public funding distorts the UK market. The website has gone through several bran ...
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Went Into Administration
As a legal concept, administration is a procedure under the insolvency laws of a number of common law jurisdictions, similar to bankruptcy in the United States. It functions as a rescue mechanism for insolvent entities and allows them to carry on running their business. The process – in the United Kingdom colloquially called being "under administration" – is an alternative to liquidation or may be a precursor to it. Administration is commenced by an administration order. A company in administrative receivership is operated by an administrator (sometimes referred to as a receiver and manager) (as interim chief executive with custodial responsibility for the company's assets and obligations) on behalf of its creditors. The administrator may recapitalize the business, sell the business to new owners, or demerge it into elements that can be sold and close the remainder. Most countries distinguish between voluntary (board-decided) and involuntary (court-decided) receivership. In ...
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Phoenix Venture Holdings
Phoenix Venture Holdings (PVH), also known as the Phoenix Consortium, was an English company formed by four businessmen ( John Towers, Peter Beale, Nick Stephenson and John Edwards). Following BMW's break-up of the Rover Group a financially complex deal involving a £500 million "dowry payment" from BMW, resulted in PVH purchasing the Rover marque in May 2000 for the notional sum of £10, relaunching the car company as MG Rover. MG Rover and related companies placed themselves in administration on 8 April 2005. Four years later and after spending £16m the Government finally released the report investigating the collapse of the company. The report, which was only concerned with dealing with the directors and their actions while MG-Rover Group was still trading, revealed that the five executives involved took £42m in pay and pensions from the troubled firm before it collapsed. The report also commented on the personal relationship between Nick Stephenson and Dr Qu Li, w ...
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Rover (marque)
Rover is a British automotive brand that was used for over a century, from 1904 to 2005. It was launched as a bicycle maker called Rover Company in 1878, before starting to manufacture autocars in 1904. The brand used the Viking longship as its logo. The rights to the brand are currently part of Jaguar Land Rover, which continues to produce Land Rovers, but no Rover automobiles are currently in production and the brand is considered dormant. Despite a state-controlled absorption by the Leyland Motor Corporation (LMC) in 1967 and subsequent mergers, nationalisation, and demergers, the Rover brand retained its identity, first as an independent subsidiary division of LMC, and subsequently through various groups within British Leyland (BL) through the 1970s and into the 1980s. History The Rover brand then became the flagship brand of the newly and eponymously renamed Rover Group in 1988, which included the actually stronger and more valuable brand names Land Rover and Mini as it ...
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Rover Group
The Rover Group plc was the British vehicle manufacturing conglomerate known as "BL plc" until 1986 (formerly British Leyland), which had been a state-owned company since 1975. It initially included the Austin Rover Group car business (comprising the Austin, Rover, Mini and MG marques), Land Rover Group, Freight Rover vans and Leyland Trucks. The Rover Group also owned the dormant trademarks from the many companies that had merged into British Leyland and its predecessors such as Triumph, Morris, Wolseley, Riley and Alvis. The Rover Group was owned by British Aerospace (BAe) from 1988 to 1994. In 1994, BAe sold the remaining car business of Rover Group plc to the German company BMW. The group was then broken up in 2000, when Ford acquired the Land Rover division, with the Rover and MG marques continuing with the much smaller MG Rover Group until 2005. Ownership of the original Rover Group marques is currently split between BMW (Germany), SAIC (China), and Tata Motors ( ...
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British Leyland
British Leyland was a British automotive engineering and manufacturing Conglomerate (company), conglomerate formed in 1968 as British Leyland Motor Corporation Ltd (BLMC), following the merger of Leyland Motors and British Motor Holdings. It was partly nationalised in 1975, when the British government created a holding company called British Leyland, later renamed BL in 1978. It incorporated much of the British-owned motor vehicle industry, which in 1968 had a 40% share of the UK car market, with its history going back to 1895. Despite containing profitable marques such as Jaguar Cars, Jaguar, Rover (marque), Rover, and Land Rover, as well as the best-selling Mini, BLMC had a troubled history, leading to its eventual collapse in 1975 and subsequent part-nationalisation. After much restructuring and divestment of subsidiary companies, BL was renamed the Rover Group in 1986, becoming a subsidiary of British Aerospace from 1988 to 1994, then was subsequently bought by BMW. The fina ...
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