A meeting of BMW’s supervisory board today could be the final nail in the coffin for its Rover subsidiary’s Longbridge plant, in Birmingham.
Rumours are rife that Bernd Pischetsrieder, BMW chairman, will be ousted in favour of Wolfgang Reitzle, a critic of Longbridge investment, and a man who favours more radical surgery at the British subsidiary.
The Times reports that Rover insiders have said that BMW has already abandoned Longbridge and that a £2bn rescue package is a sham.
The Daily Telegraph 05/02/99 page 29
The Independent 05/02/99 page 17, apge 19 (Outlook)
The Guardian 05/02/99 page 23
The Times 05/02/99 page 1, page 27, page 29 (Commentary)
