Rover have had their name changed to British Motor Works (BMW).
To elucidate:
BMW have bought the 80% of Rover that British Aerospace owned (Honda own
the other 20%).
Honda are very annoyed.
A pessimistic outlook points to a bit of asset stripping! Dump all the
Rover design staff; reduce Rover to the 4 wheel drive vehicles; use BMW V8
engine in the latter. British content: a bit of metal bashing and transaxle
design :-(
A more optimistic outlook: British wage costs are lower than German (50%?)
leading to BMW cars being built in Britain :-)
But I guess no real automotive design will be left in the UK :-(
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