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Powertrain Ltd

Defunct British car engine manufacturer

  • 2 min read
  • 2 chapters

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Through Engine, Transmission (mechanical device) and Administration (law)

History

The company was formed as part of MG Rover Group after the sale of the Rover and MG assets from BMW to Phoenix Venture Holdings for £10.00 in 2000 when BMW broke up the Rover Group. The MG Rover Group had to purchase the Powertrain business from BMW after 2000 for a separate sum of money to the £10.00 for the MG Rover business. Before the administration of Powertrain Limited, the MG Rover Group and its parent company, PVH sold the assets of the K-Series four and six cylinder engine to SAIC for £67 Million when the 25 and 75 platforms and technology were also sold to SAIC.

The company was placed into administration on the 8 April 2005. On 22 July 2005 the joint administrators PricewaterhouseCoopers announced the sale of the assets of Powertrain and the MG Rover Group to Nanjing Automobile (Group) Corporation.

Prior to the company going into administration, the Health and Safety Executive reported 101 cases of a respiratory disease outbreak at its Longbridge factory.

Powertrain produced engines for the MG Rover Group, Land Rover and several other companies around the world due to the success of the K-Series engine

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