What these guys are really buying is the name. Its a internationally recognized name and with bold leadership...and cheap manufacturing outside of the UK...it could make a profit. I thought the Chinese would rush in and just buy the company for the name.
Where MG screwed up...they made a great car for guys 35 to 45...and they should have marketed it that way. Their advertising was lousy and they just depended on the name to sell the car.
"Iran has a history of ties to the UK car industry. Its streets are packed with the ubiquitous Paykan, a carbon copy of the 1960s Hillman Hunter, which until this month was still in production at Iran Khodro."
Paykan Jokes ....
Q. How do you make a Paykan accelerate 0 - 60 mph in less than 15 seconds?
A. Push it off a cliff.
Q. What is found on the last 2 pages of every Paykan owner's manual?
A. The bus schedule.
Q. What did the auto parts counterman say when the customer said "I'll take a set of wiper blades for my Paykan"?
A. Sounds like a fair trade to me.
Q. Why do Paykans come with heated rear windows?
A. To keep your hands warm while you're pushing them.
Q. What do you call a Paykan at the top of a hill?
A. A mirage.
Q. What do you call two Paykans at the top of a hill?
A. A miracle.
Q. How do you double the value of a Paykan?
A. Fill up the gas tank.
Q. What do you call a Paykan with brakes?
Q. How do you make a Paykan go faster downhill?
A. Turn off the engine.
Q. Why don't Paykans sustain much damage in a front end collision?
A. The tow truck takes most of the impact.
Q. What do you call Paykan passengers?
A. Shock absorbers.
Q. How do you improve the appearance of a Paykan?
A. Park it between two Porsches.