| ... and it's not the fault of the company when they don't have the funds available to invest in new designs.
This situation was clearly on the cards ever since the Pheonix consortium picked up the pieces from BMW. Their model range was already dated and no amount of tarting up is going to hide that. The cost of developing a new car was always going to be beyond them. The only chance they had was to go in with a bigger company to fund them which is where the Chinese came in.
I agree with Walenut that the people who chucked Honda over BMW are ultimately responsible for the loss of jobs now.
Perhaps they should have split off MG to make it into a TVR-esk specialist sports car company... |