Instead, output would be switched from Longbridge to the upgraded Rover Oxford factory at Cowley, He said a halt had been called on the four-year, £1 billion project to refurbish Longbridge for the Mini and the vital medium-size model due to replace the 200 and 400 ranges in 2003.
'We have to remain in the heartland of the fleet market and we need a viable product to replace the 200 and 400. It is not our objective to do that away from the UK, but if the Longbridge modernisation is not started again, we will do it somewhere else within the group. It is not our objective to run out these cars and the factory, but our shareholders cannot be prepared to spend money in a business which doesn't have a positive outlook,' said Pischetsrieder.
Login to comment
Comments
No comments have been made yet.