MG Rover Portugal under court control

news: MG Rover Portugal under court control

Tony Lomas, Steven Pearson and Rob Hunt, partners in Pricewaterhouse Coopers, have been named as administrators of MG Rover Portugal, as well as seven other European subsidiaries of the MG Rover Group.

These names were decided in accordance with a European insolvency ruling that aims to provide the best results for the businesses while they continue to trade. The administrators aim to maintain business as usual and explore options for the firm, particularly regarding “specific unsold vehicles”.