| You are in: Business | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
![]()
|
Tuesday, 27 February, 2001, 16:48 GMT
Rover targets younger market
![]() MG Rover are trying to reach out to new younger customers and hopes to achieve this with its new range of sports saloons.
By the BBC's business reporter Russel Hayes from the Motor Show in Geneva
MG Rover made a return to the world stage in Geneva after a notable absence form the Birmingham motor show. The Rover team had worked through the night preparing for the launch of its new estate model - which the company hopes will answer those critics who say it can't make cars people want to buy.
The challenges facing workers back at Rover's Longbridge plant may be formidable - but the company has slashed its costs, almost halved its workforce and is turning-out new models at a pace unheard of in the industry. In Geneva the mood is bullish "In the last nine months we've produced five new models, that is unheard of in the industry," explained John Sanders, MG Rover's Marketing Director. "That is a reflection of the entrepreneurial spirit that drives our business today." "We hit targets every single month on cost cutting on profit generation and on sales, we haven't missed a beat and we don't intend to." MG Rover is joined by an unprecedented number of British based manufacturers - like Honda - who have big launches at the motor show. Brit pack hits town Honda is unveiling a sports version of the Civic - built at its factory in Swindon in Wiltshire. Jaguar - now owned by Ford - unveiled its X-Type baby Jag - built at Halewood on Merseyside - and which it hopes will help it quadruple sales in five years. There will also be the first appearance of BMW's new mini range - to be built at Oxford - and Nissan and Toyota are also expected to reaffirm plans to increase British production. From the evidence displayed in Geneva - British car manufacturing is alive and thriving - but it will only remain so if the new models sell well - and in today's oversupplied global marketplace - that is far from certain. |
See also:
Top Business stories now:
Links to more Business stories are at the foot of the page.
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Links to more Business stories
|
|
|
^^ Back to top News Front Page | World | UK | UK Politics | Business | Sci/Tech | Health | Education | Entertainment | Talking Point | In Depth | AudioVideo ---------------------------------------------------------------------------------- To BBC Sport>> | To BBC Weather>> ---------------------------------------------------------------------------------- © MMIII | News Sources | Privacy |
|