MG Rover administrators have told the BBC that about a dozen serious offers had been made for parts of the defunct business by the late Friday deadline.
A dozen “relatively credible” buyers have put forward proposals for Rover assets, PricewaterhouseCoopers told the broadcaster, though any sale as a going concern seems unlikely.
As expected, most of the interest shown has been in the MG sports car brand.
The BBC report said interest in Rover operations had come from as far afield as Iran and Russia but a number of potential bidders have distanced themselves from any involvement in recent days.
A newspaper report at the weekend noted that Alchemy Partners, which showed interest in MG when BMW sold Rover five years ago, had decided not to proceed this time around.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataThe BBC said that Shanghai Automotive Industry Corporation – which owns the rights to the Rover 25 and 75 models – is still believed to want the engine production line to advance its plans to build Rovers in China.
The broadcaster said fall-out from MG Rover’s collapse last month, with the loss of about 5,500 jobs had now affected a further 200 engineering jobs at Stadco, an MG Rover body panel supplier, which plans to close its Coventry plant, now deemed “unsustainable”.
The plant had been building the entire body shell for the MG TF and production will wind down over the next 18 months, the BBC said.