GOLDING’S TAKE: Faulty Towers
Author: Rob Golding | 9 May 2011
The UK government's business department, and its subordinate Insolvency Service, have decided that John Towers was at fault when he ran MG Rover. He and his three fellow owner-directors have been banned from holding UK company directorships for between three and six years.
just-auto articles are only available to registered users and members.
Join now for increased access
There are various access options to choose from. All provide instant access to the latest news, insight and expert analysis.
If you’re already a member, login here.
More articles related to this one
THE WEEK THAT WAS: Q3s and floods...
I tend to view the quarterly results season, treated most seriously by US-based OEMs and suppliers, with a mixture of interest, resignation and dread.
ANALYSIS: BMW benefits from cost reduction and higher sales in China
BMW's strong third quarter results must have pleased shareholders. The business pages may have constituted rather gloomy reading generally of late, but the good ship BMW appears to plough on regardless.
GERMANY: BMW books record quarterly results
BMW group third quarter 2011 revenues rose 3.8% to EUR16,547m. 'Profit before financial result' (EBIT) climbed a healthy 44% to EUR1,716m and pre-tax profit (EBT) was up 21.0% to EUR1,644m. Group net profit rose 23.8% to EUR1,082m. Vehicle sales increased 9.0% to a record 399,218 units.
Market research related to this article
Bayerische Motoren Werke AG (BMW Group) - Strategy and SWOT Report
Datamonitors' Bayerische Motoren Werke AG (BMW Group)’s SWOT, Strategy and Corporate Finance Report, is a source of comprehensive company data and information. The report covers the company’s structure, operation, SWOT analysis, product and service o...
Bayerische Motoren Werke Aktiengesellschaft (BMW) - Financial and Strategic Analysis Review
Bayerische Motoren Werke Aktiengesellschaft (BMW) is a internationally renowned multi-brand automobile manufacturer with focus on premium auto segments of the worldwide cars and motorcycle markets. The company’s major brands include BMW, MINI and Rol...
Bayerische Motoren Werke Aktiengesellschaft (BMW) - Financial and Strategic SWOT Analysis Review
This comprehensive SWOT profile of Bayerische Motoren Werke Aktiengesellschaft provides you an in-depth strategic SWOT analysis of the company’s businesses and operations. The profile has been compiled by GlobalData to bring to you a clear and an unb...
