« ANZAC Day and other Empire sacrifices ... | Main | A day in the city »
April 30, 2005
The final demise of the British motor industry
It is flattering when one's own humble efforts are endorsed by a featured commentator as is my post on the Rover debacle. I have a link from the author of this post on Rover at the Axis of Logic, and am flattered to discover that my analysis is not a lot different to his. The entire debacle goes back to the incompetence of management back in the 1960's and 70's and the contuing absence of any integrity in the boardrooms of today. BAe asset-stripped, BMW asset-stripped, and then the Phoenix Group have stripped whatever was left. Sadly, the Unions have to take at least some of the blame because their behaviour has simply accelerated this process and helped to hide it.
Do visit Michael Feltham's article - it makes really fascinating reading!
Posted by The Gray Monk at April 30, 2005 11:23 AM