Death of the UK Car Industry - Part 4: The Rover Group and MG-Rover

Video Description

Hello, and welcome to the final act in the four-part tragedy that is the death of the British Car Industry, focusing on the politics, society, economics and decisions made over the course of a 70 year period that led from Britain being one of the largest car-making countries in the world to having no home-based indigenous car brands left. Part 4 brings us to the end of the road, as despite the promise of privatisation following the buyout of the Rover Group by British Aerospace in 1988, the much needed investment to ensure a refreshed model line-up and a competitive business strategy was sacrificed on the altar of cost-cutting, while when plentiful money flow did arrive in the form of a takeover by German giant BMW, a plethora of bad habits and slow progress in developing new cars led to a highly antagonistic standoff between Britain and Germany as BMW poured millions into the Rover Group with no results, leading inevitably to the unmanageable British car maker being stripped of its best assets and sold on as a shadow of its former self, with its final years simply being a series of going through the motions in the face of its ultimate demise. Chapters: 0:00 - Preamble 1:02 - Private Underinvestment 8:52 - Enter BMW 14:20 - Buyer's Remorse 21:58 - BMW's Civil War 25:11 - The Germans Retreat 30:15 - The Phoenix Consortium 35:52 - Yet More Unfulfilled Promises 40:45 - The Final Nail 46:01 - Conclusion All video content and images in this production have been provided with permission wherever possible. While I endeavour to ensure that all accreditations properly name the original creator, some of my sources do not list them as they are usually provided by other, unrelated YouTubers. Therefore, if I have mistakenly put the accreditation of 'Unknown', and you are aware of the original creator, please send me a personal message at my Gmail (this is more effective than comments as I am often unable to read all of them): [email protected] The views and opinions expressed in this video are my personal appraisal and are not the views and opinions of any of these individuals or bodies who have kindly supplied me with footage and images. If you enjoyed this video, why not leave a like, and consider subscribing for more great content coming soon. Press the Join button to get access to new videos a week ahead of schedule by becoming a channel member for just £2.99 a month! Paypal: https://paypal.me/rorymacve?country.x=GB&locale.x=en_GB Ko-Fi: https://ko-fi.com/rorymacve Thanks again, everyone, and enjoy! :D References: - AROnline (and their respective sources) - Wikipedia (and its respective references)