Great Britain: Nanjing Automobile’s projects for Longbridge below trade unions’ expectations

Publication

17 July 2006 à 16h36

Updated on 18 July 2006 à 14h07

Reading time

2 minutes

Publication: 17 July 2006 à 16h36, Updated on 18 July 2006 à 14h07

Reading time: 2 minutes

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The Chinese group Nanjing Automobile Corporation (NAC), new owner of Rover, the British make in bankruptcy, announced on Monday July 17 its intention to invest 10 million Pounds (14,5 million euros) on the site of Longbridge. Trade unions were strongly disappointed, having hoped for more than 1 000 new jobs on this site. (Ref. 06732)
Publication

17 July 2006 à 16h36

Updated on 18 July 2006 à 14h07

Reading time

2 minutes

Publication: 17 July 2006 à 16h36, Updated on 18 July 2006 à 14h07

Reading time: 2 minutes

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NAC’s projects for Rover. Nanjing Automobile Corporation (NAC) will carry out an “initial” investment of 10 million Pounds (14,5 million Euros) on the Longbridge site, near Birmingham, which had closed when Rover had gone bankrupt in mid-April 2005. 80 people already work in the Longbridge factory, and NAC announced that new employees will be recruited, without specifying the numbers. The transferee intends to resume the production of MG TF, a two-seats sports car, in the first half of...

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