Sick of bad news - MG-Rover.org Forums

F1 Alan · 10-06-2005, 19:27

Am I the only one that is sick to death of hearing all this depressin news from the media! I know that MG Rover being bought as a whole company and production of the same volume as before is basically impossible but I wish that the media would comment on the optimism that should be given for someone who might buy MG!

I feel as sad as anyone because of recent events with MGR but I REALLY think that MG will be saved! Whether TVR buy it or this Powertrain bid is successful or anything really, as long as MG is saved or a large part of the group keeps going then I am happy. I don't mean that I don't want MGR to keep going but it is unlikely that its gonna happen.

Just a quick question as well, I've read that MGR are in something like £1.6 billion in debt but if only MG was bought by say TVR and they switched production to Longbridge, would any of the debts still be carried over?

SFulcher · 10-06-2005, 19:35

MG Rover Group Limited are £1.6bn in debt, or at least are rumored to be. What we do not know however, is how much of that money is owed to other companies within Pheonix Venture Holdings, such as PowerTrain Limited.

I too am sick of all the bad news, but it is unfortunate that the press are not interested in anything that gets in the way of a good story, and in the case of MG Rover, anything that allows cars to role off the Longbridge production lines in the future would get in the way of their story of discrediting John Towers.

What annoys me more, is that five years ago, BMW were seen as the enemy by the press, yet today the press see the £1bn(!) given to MG Rover in 2000 as a gift which the British company wasted, forgetting what really happened, but again, the press dont want to discredit BMW do they.

Rapid Silver · 10-06-2005, 20:33

Why let the facts get in the way of a good story? Incidentally did anyone see a copy of today's Sun newspaper? The front page picture was a hoax actually dreamt up by The Sun themselves!!!!!!!! Obviously it was a slow day for news, so they had to make their own???????

MG Maverick · 10-06-2005, 20:35

Another 'exclusive' from the Wapping Liar?

santa20 · 10-06-2005, 21:11

Yesterdays express and stars front page headline (or was it, think it was)

Rover sales down for May

Only 150 odd cars sold

Well dur it wasnt gonna be the best month ever

longbridge lad · 10-06-2005, 21:28

ive always said that i belive that the british media should shoulder some of the blame of MGR dying! iam not just on about clarkson and co, but all the other british motoring media.

Iam not saying that MGR products were the best in the country, However on a price for price level MGR cars i belive were value for money.

Next time you someone driving around town in a Hyundai/Kia/Perodura/Tata/suzuki, remember these are the people that could have saved MGR, but decided to invest in high depriciating, tacky, poor quality feel, and mechanical blandness cars.

its a shame to see whats happend in the last 2 months, and i really hope something can be sorted out, because i think my streetwise is the best car ive owned. and no poxy little far eastern "economy" car will ever come close.

Mega · 10-06-2005, 23:12

You were two generations behind in Automotive engineering. You couldn't produce a more powerful V6 because the engine would break everytime your tried. The V8 had a VERY small market, the Diesel was too slow.

You tried to sell the Cityrover at a insane mark up that just wasn't going to sell. I belive non of you high comand even drove the comperstion to see how it stacked up.

Frankly, you stood no Bloody chance, your cars where old and un-sexy. MG was cool brand and you can see WHY major players now want it. Put an MG badge on a rotting heap of Automotive crap...........and a que formed to buy it!

Just imagine how many your sell if its a brand new car ( i mean BRAND NEW!) engineered by VAG or Honda.
Mega

Nick Birse · 10-06-2005, 23:18

Quote:

Originally Posted by Mega

You were two generations behind in Automotive engineering. You couldn't produce a more powerful V6 because the engine would break everytime your tried. The V8 had a VERY small market, the Diesel was too slow.

You tried to sell the Cityrover at a insane mark up that just wasn't going to sell. I belive non of you high comand even drove the comperstion to see how it stacked up.

Frankly, you stood no Bloody chance, your cars where old and un-sexy. MG was cool brand and you can see WHY major players now want it. Put an MG badge on a rotting heap of Automotive crap...........and a que formed to buy it!

Just imagine how many your sell if its a brand new car ( i mean BRAND NEW!) engineered by VAG or Honda.
Mega

Oh shut up you ill informed fool.

You know the K-Series and KV-Series engines are the envy of all manufacturers, technology used in their manufacture is licenced to Jaguar and Aston Martin. You know the L-Series diesel is one of the most reliable car engines in the world. You know the BMW diesel is limited in performance to prevent excessive competition for BMW cars. You know all V8s' have a small market. You know V8 cars turn a big profit. You know the Rover 45 is everybit as advanced as a Focus. You know the Rover 25 is a better car than the Fiesta or Polo. You know the MGs' were brilliant handling cars. You know the MG ZS may well be the best handling front wheel drive car ever built. You know the CityRover is a fairly decent car*. You know your a ****.

* I've offered to buy one from the administrators.

P.S - You failed to answer my last question, but please, how much do VAG pay you every time you mention that bloody stupid foreign company on this website.

cheersthanksbye · 10-06-2005, 23:18

Quote:

Originally Posted by F1 Alan

Just a quick question as well, I've read that MGR are in something like £1.6 billion in debt but if only MG was bought by say TVR and they switched production to Longbridge, would any of the debts still be carried over?

Well TVR are not going to go for any deal which lands them £1.6 billion in debt are they? So any deal would involve buying the MG name, and thats it really.

PonteLad · 10-06-2005, 23:34

Quote:

Originally Posted by Liam Olf

You could say the same about the Skoda Octavia...

cheersthanksbye · 10-06-2005, 23:36

Quote:

Originally Posted by longbridge lad

Next time you someone driving around town in a Hyundai/Kia/Perodura/Tata/suzuki, remember these are the people that could have saved MGR, but decided to invest in high depriciating, tacky, poor quality feel, and mechanical blandness cars.

I can't see how you can make out this is a bad decesion on their part! If they had bought MGR what would they be left with now? You cant criticise them.

Mega · 10-06-2005, 23:38

Very good value for what you get, BMW drivers would have to pay another £10,000 to get a 3 series that could match the vRS Pace/trim. Also Skoda came in 2nd in the R D Power, just and i mean just behind Lexus.

Mega

Nick Birse · 10-06-2005, 23:41

Quote:

Originally Posted by Mega

Very good value for what you get, BMW drivers would have to pay another £10,000 to get a 3 series that could match the vRS Pace/trim. Also Skoda came in 2nd in the R D Power, just and i mean just behind Lexus.

Mega

It's JD Power you fool. J isn't even close to R on a keyboard, so clearly not a typo.

Are you secretly Pishtrousers in disguise ?

Mega · 10-06-2005, 23:43

What "Dissapoints" me the most about you people is that very few of you have the wedge to buy a new car. You drive about in a 15 year old Rover, if you could have brought one you would have bought VAG/Honda/Toyota.

Even now a few of you seem to cling to the idea that MGR is about to be re-born and Longbridge is going to re-start production............Bul*****!!!!!!

Powertrain might, but only for a time to finish off Landrover project. Longbridge?.............You can do it when you B&Q it!
Mega

Mega · 10-06-2005, 23:45

Best hope?
Mg Re-born..with the Help of Honda...........NOT AT LONGBRIDGE!
Mega

Mega · 10-06-2005, 23:47

MY vRS puts out 210-215 BHP and its go an eletronic DIFF that kills Toque steer.
Mega

Nick Birse · 10-06-2005, 23:47

Quote:

Originally Posted by Mega

What "Dissapoints" me the most about you people is that very few of you have the wedge to buy a new car. You drive about in a 15 year old Rover, if you could have brought one you would have bought VAG/Honda/Toyota.

Even now a few of you seem to cling to the idea that MGR is about to be re-born and Longbridge is going to re-start production............Bul*****!!!!!!

Powertrain might, but only for a time to finish off Landrover project. Longbridge?.............You can do it when you B&Q it!
Mega

Mega. When did BMW stop building the Rover 100 ?

Mega · 10-06-2005, 23:48

Not Bitiching....................Just Laughing

The Marmalizer · 10-06-2005, 23:51

Quote:

Originally Posted by Nick Birse

You know the MG ZS may well be the best handling front wheel drive car ever built.

I suggest you retract that comment.

streetrover · 10-06-2005, 23:54

Quote:

Originally Posted by Mega

You were two generations behind in Automotive engineering.

like the VW Passat and Ford Focus or their engines? Also, how did VW survive on the clearly ancient Golf IV and its spin-offs for so long?

10-06-2005, 19:27	#1
F1 Alan Registered User Join Date: Apr 2005 Car: MG ZS Posts: 90	Sick of bad news Am I the only one that is sick to death of hearing all this depressin news from the media! I know that MG Rover being bought as a whole company and production of the same volume as before is basically impossible but I wish that the media would comment on the optimism that should be given for someone who might buy MG! I feel as sad as anyone because of recent events with MGR but I REALLY think that MG will be saved! Whether TVR buy it or this Powertrain bid is successful or anything really, as long as MG is saved or a large part of the group keeps going then I am happy. I don't mean that I don't want MGR to keep going but it is unlikely that its gonna happen. Just a quick question as well, I've read that MGR are in something like £1.6 billion in debt but if only MG was bought by say TVR and they switched production to Longbridge, would any of the debts still be carried over?

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10-06-2005, 19:35	#2
SFulcher Registered User Join Date: Jan 2005 Location: Cornwall Car: MG 6 GT Posts: 1,580	MG Rover Group Limited are £1.6bn in debt, or at least are rumored to be. What we do not know however, is how much of that money is owed to other companies within Pheonix Venture Holdings, such as PowerTrain Limited. I too am sick of all the bad news, but it is unfortunate that the press are not interested in anything that gets in the way of a good story, and in the case of MG Rover, anything that allows cars to role off the Longbridge production lines in the future would get in the way of their story of discrediting John Towers. What annoys me more, is that five years ago, BMW were seen as the enemy by the press, yet today the press see the £1bn(!) given to MG Rover in 2000 as a gift which the British company wasted, forgetting what really happened, but again, the press dont want to discredit BMW do they.

10-06-2005, 20:33	#3
Rapid Silver Registered User Join Date: Oct 2004 Location: Southampton Car: '97 Rover 200vi Posts: 5,846	Why let the facts get in the way of a good story? Incidentally did anyone see a copy of today's Sun newspaper? The front page picture was a hoax actually dreamt up by The Sun themselves!!!!!!!! Obviously it was a slow day for news, so they had to make their own???????

10-06-2005, 20:35	#4
MG Maverick Registered User Join Date: Apr 2005 Car: Other MG Posts: 147	Another 'exclusive' from the Wapping Liar?

10-06-2005, 21:11	#5
santa20 Registered User Join Date: Jun 2003 Location: Dudley Car: Volvo S60 R, Rover 25 1.8Auto, VW Passat TDi Estate (Until I get rid of it) Posts: 3,209	Yesterdays express and stars front page headline (or was it, think it was) Rover sales down for May Only 150 odd cars sold Well dur it wasnt gonna be the best month ever

10-06-2005, 21:28	#6
longbridge lad Registered User Join Date: Aug 2004 Location: birmingham Car: ROVER 114 GSI Posts: 326	ive always said that i belive that the british media should shoulder some of the blame of MGR dying! iam not just on about clarkson and co, but all the other british motoring media. Iam not saying that MGR products were the best in the country, However on a price for price level MGR cars i belive were value for money. Next time you someone driving around town in a Hyundai/Kia/Perodura/Tata/suzuki, remember these are the people that could have saved MGR, but decided to invest in high depriciating, tacky, poor quality feel, and mechanical blandness cars. its a shame to see whats happend in the last 2 months, and i really hope something can be sorted out, because i think my streetwise is the best car ive owned. and no poxy little far eastern "economy" car will ever come close.

10-06-2005, 23:12	#7
Mega Banned Join Date: Apr 2002 Location: Liverpool Car: Rover 100 Posts: 2,065	You were two generations behind in Automotive engineering. You couldn't produce a more powerful V6 because the engine would break everytime your tried. The V8 had a VERY small market, the Diesel was too slow. You tried to sell the Cityrover at a insane mark up that just wasn't going to sell. I belive non of you high comand even drove the comperstion to see how it stacked up. Frankly, you stood no Bloody chance, your cars where old and un-sexy. MG was cool brand and you can see WHY major players now want it. Put an MG badge on a rotting heap of Automotive crap...........and a que formed to buy it! Just imagine how many your sell if its a brand new car ( i mean BRAND NEW!) engineered by VAG or Honda. Mega

10-06-2005, 23:38	#12
Mega Banned Join Date: Apr 2002 Location: Liverpool Car: Rover 100 Posts: 2,065	Very good value for what you get, BMW drivers would have to pay another £10,000 to get a 3 series that could match the vRS Pace/trim. Also Skoda came in 2nd in the R D Power, just and i mean just behind Lexus. Mega

10-06-2005, 23:43	#14
Mega Banned Join Date: Apr 2002 Location: Liverpool Car: Rover 100 Posts: 2,065	What "Dissapoints" me the most about you people is that very few of you have the wedge to buy a new car. You drive about in a 15 year old Rover, if you could have brought one you would have bought VAG/Honda/Toyota. Even now a few of you seem to cling to the idea that MGR is about to be re-born and Longbridge is going to re-start production............Bul*****!!!!!! Powertrain might, but only for a time to finish off Landrover project. Longbridge?.............You can do it when you B&Q it! Mega

10-06-2005, 23:45	#15
Mega Banned Join Date: Apr 2002 Location: Liverpool Car: Rover 100 Posts: 2,065	Best hope? Mg Re-born..with the Help of Honda...........NOT AT LONGBRIDGE! Mega

10-06-2005, 23:47	#16
Mega Banned Join Date: Apr 2002 Location: Liverpool Car: Rover 100 Posts: 2,065	MY vRS puts out 210-215 BHP and its go an eletronic DIFF that kills Toque steer. Mega

10-06-2005, 23:48	#18
Mega Banned Join Date: Apr 2002 Location: Liverpool Car: Rover 100 Posts: 2,065	Not Bitiching....................Just Laughing

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