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Rover Group Inc

10.99

0.00 (0.00%)

Last Update: 07 Mar 2024 17:30:00

Yesterday: 10.99

Day's Range: 10.99 - 10.99

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Rover Group Inc. was a British car manufacturing company that was founded in 1986 as a result of the merger between British Leyland and the Austin Rover Group. The company was headquartered in Gaydon, Warwickshire, England, and produced cars under the Rover, MG, and Land Rover brands.

During its existence, Rover Group Inc. went through several changes in ownership and struggled financially. In 1994, the company was sold to BMW, who owned it until 2000 when it was sold to the Phoenix Consortium, a group of British businessmen. The company was renamed MG Rover Group and continued to produce cars until it went bankrupt in 2005.

Today, the Rover, MG, and Land Rover brands are owned by different companies. The Rover brand is owned by Tata Motors, the MG brand is owned by SAIC Motor, and the Land Rover brand is owned by Jaguar Land Rover, which is a subsidiary of Tata Motors.

Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.

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