China 'Deal' to Axe Ldv ; Automotive: Fear That Production Will Go East

Birmingham Mail (September 18, 2009)

Author: Jon Griffin

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Summary

LDV was today facing D-Day in its nine-month battle for survival - amid claims more than 800 West Midland jobs may be sacrificed to China in an MG Rover-style "lift and shift" operation.

Shanghai Automotive Industry Corporation, backed by broker Dr Qu Li of China Ventures, was said to be key to the future of the Birmingham van-maker and about 4,000 UK jobs, according to sources.

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Extract

China 'Deal' to Axe Ldv ; Automotive: Fear That Production Will Go East

A period of exclusive talks with LDV administrators PricewaterhouseCoope...

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