MG Rover trims losses
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MG Rover trims losses |
| Car maker MG Rover has unveiled a lower than expected loss of £254m for the eight months since it was sold off by BMW last year. Although the firm is still in the red, the loss - which covers the period from 9 May to 31 December - was not as bleak as the £300m deficit some had earlier feared. The BBC's Greg Wood reports |
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Jay Nagley of Spyder Automotive: "The new management have given an impression of dynamism" |
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Dr David Morris of Coventry University: "The brand is all important" |
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