Industry / United Kingdom
Operating Environment To Erode UK Competitiveness?
February 2007 | Industry NewsChinese carmaker Nanjing Automobile, which acquired collapsed British manufacturer MG Rover in 2005, has announced that it will allocate investment of GBP10mn to recommence production at the Longbridge plant, in the Midlands. The plant, with an annual production capacity of 15,000 units, will produce the MG TF Roadster for sale in both the UK and continental Europe. Nanjing CEO Yu Jianwei stated that there may be an opportunity to add to the 80 employees at Longbridge.
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