Free Republic 2nd Qtr 2024 Fundraising Target: $81,000 Receipts & Pledges to-date: $37,294
46%  
Woo hoo!! And we're now over 46%!! Thank you all very much!! God bless.

Keyword: saipa

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  • Iran State Automakers Eye Britain's MG Rover

    04/22/2005 10:52:27 PM PDT · by HAL9000 · 6 replies · 430+ views
    Reuters | April 22, 2005
    TEHRAN (Reuters) - Two of Iran's state-owned auto manufacturers are considering buying MG Rover, the last major British-owned car manufacturer which collapsed this month, the semi-official ISNA student news agency said on Friday. The 100-year-old carmaker, which once made the iconic Mini and the Land Rover, stopped production after failing to secure a rescue deal with China's Shanghai Automotive Industry Corp. "Iran Khodro and SAIPA are considering taking over Britain's Rover," ISNA quoted an unidentified official of Iran's Ministry of Industries and Mines as saying. Iran Khodro, the Middle East's largest carmaker, has ambitious plans to produce 1 million...