2000 Remainder of company sold to the Phoenix Consortium for a nominal £10 and renamed MG Rover Ltd
2001 MG Rover bought Qvale of Italy (Only bought the factory and the rights of platform of the Mangusta car. MG Rover did not acquire the rights of the Qvale name)
2002 MG Rover agrees to collaborate with Tata of India
2005 Collaborative deal with Shanghai Automotive Industry Corporation (SAIC) collapses, forcing the company into administration and insolvency.
2005 Nanjing Automobile Group acquires the entire assets of MG Rover.
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