Re: Ford, you pay for more
The real reasons why BMW bought Rover is one of the world's best kept secrets as it was a company that did not easily fit into BMW's business model. The theory it was for the New Mini is a myth as it was a car on the drawing board at the time of the takeover and nobody knew if it would be profitable or not. In fact BMW has not made a penny in profit from the New Mini yet after factoring losses resulting from the takeover of Rover.
According to Cabinet Papers from the 1980s the government (which owned BL) wanted to sell it to Ford but ended up selling it to BAe. I think that the longer term future of Rover would have been a partner or the British / European division of Honda, rather than owned by Ford, BMW, or VW.
Remember that Rover made Land Rovers as well as cars which were admired products and in demand by government departments, farmers, and suburbanites to take their kids to school. BMW sold off Land Rover to Ford because it was a segment that they weren't strong in but Ford had no interest in the Rover 75.
The real reasons why BMW bought Rover is one of the world's best kept secrets as it was a company that did not easily fit into BMW's business model. The theory it was for the New Mini is a myth as it was a car on the drawing board at the time of the takeover and nobody knew if it would be profitable or not. In fact BMW has not made a penny in profit from the New Mini yet after factoring losses resulting from the takeover of Rover.
According to Cabinet Papers from the 1980s the government (which owned BL) wanted to sell it to Ford but ended up selling it to BAe. I think that the longer term future of Rover would have been a partner or the British / European division of Honda, rather than owned by Ford, BMW, or VW.
Remember that Rover made Land Rovers as well as cars which were admired products and in demand by government departments, farmers, and suburbanites to take their kids to school. BMW sold off Land Rover to Ford because it was a segment that they weren't strong in but Ford had no interest in the Rover 75.
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