MG Rover 'preparing for the end'

The chances of car production ever resuming at MG Rover looked bleak today as administrators to the collapsed company made it clear they were running out of time to achieve a rescue deal.

The chances of car production ever resuming at MG Rover looked bleak today as administrators to the collapsed company made it clear they were running out of time to achieve a rescue deal.

PricewaterhouseCoopers said it was beginning to prepare for a sale of assets but they made clear that these were limited.

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