Rover future?

["Mark the Shark" <markie@gte.net>]

Latest from the BBC:

German car maker BMW will split up
           its Rover subsidiary and sell the
           Rover Cars business to UK venture
           capital firm Alchemy Partners.

           The German car maker will retain the
           Landrover range and build the new
           Mini.

           A new firm, the MG Car Company, will
           continue with Rover's current model
           range of the 25, 45, 75 and "old Mini"
           and will provide service to Rover's
           customers, Alchemy said in a
           statement.

           'Significant workforce'

           Unions have
           warned that the
           sell-off could lead
           to massive job
           losses. Alchemy
           Partners, though,
           are promising that
           MG Cars would
           employ "a
           significant
           workforce".

           The investment
           group is said to
           have funds of about £1bn, and three
           of its top executives have a strong
           background in the motor industry.

Mark Ascherl
1981 TR8 DHC FI
Raleigh, NC