MG-Rover talks 'still on'

Major Chinese car maker Shanghai Automotive Industry Group (Corp) is still in takeover talks with Britain’s MG Rover Group, a senior official at China’s national planning agency said today.

MG-Rover talks 'still on'

Major Chinese car maker Shanghai Automotive Industry Group (Corp) is still in takeover talks with Britain’s MG Rover Group, a senior official at China’s national planning agency said today.

“The firms’ talks are still ongoing,” Chen Bin, deputy director of the Industry Department of the National Development and Reform Commission, told Dow Jones Newswires in Beijing.

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