[A senior MG Rover insider] claims MG Rover bosses were offered a life raft shortly after they bought MG Rover for a tenner. Realising that Rover’s L-series diesel engine was hopelessly outclassed, they approached Fiat about buying in its JTD diesel.
Fiat, the insider claims, came back with an amazing offer. MGR could have the diesel, but it could also license the Fiat Stilo platform. Fiat had installed at least double the capacity that the slow-selling Stilo needed and had capacity to spare.
The fact that the Phoenix Four didn’t return Fiat’s call suggests that they never really intended to turn MGR around by their own efforts.
I thought I had heard all the MG Rover débâcle stories, but evidently not. As far as shockers go, this is a big one. The one model that should have been replaced was the Rover 45, long past its sell-by date. Maybe hindsight is 20-20, and maybe at the time, the Phoenix Four still thought the RDX60 was going to save the day. However, given the urgency of ﬁelding something competent in the C sector and the consolidation in the industry, you’d think accepting Fiat’s offer would be the most logical thing to do. (It’s not unprecedented, either: when Peugeot took over Chrysler Europe, the C9 and Sunbeam replacement were hurriedly put on to Peugeot platforms, despite advanced work on both.)
The comments on the Autocar website are very good, too. Free from the crass junk that passes for comments on many automotive sites.
Naturally, Keith Adams and AROnline beat us all in revealing this, ages ago.