Expansion.
Date: 01 Nov 94 17:43:56 EST
From: "Stefan R. Jacob" (100043.2400@compuserve.com)
Subject: Rover: Jobs, investment, model strategy
Here's another extract from a news clipping of the British
daily `The Guardian' of Oct. 20, 1994:
...
Rover ... announced plans to take on 1,450 new staff as part of a
five-year #1.5 billion investment drive.
Up to 4,500 more jobs could be created as a result, with
suppliers and dealers benefitting from increased output.
...
Some 300 production workers are to be hired at the Solihull Land
Rover plant where total staff has already been increased by 1,300
in the past 18 months. ...
...
Rover's total workforce will rise to just under 35,000. The
company has produced 50,000 more cars in the first nine months of
the year than in the same period of 1993. John Towers, Rover's
chief executive, said that he expected production to reach
490,000 this year and exceed 500,000 in 1995 ...
The planned increase in production also reflects Rover's
improving export performance ...
...
The success of the Land Rover Discovery in the US has seen export
sales rise 127 per cent this year.
...
However, uncertainty remains over the long-term model range
following the #800 million BMW takeover in February. Bernd
Pischetsrieder, BMW chairman, said that the company was still
developing a strategy for Rover Models.
...
Enjoy,
Stefan
Stefan R. Jacob, 100043.2400@CompuServe.com