Austin Federation 2011.
Summer - June 2011 - Issue 2
For all with an interest in the history, products
From the Chairman……………………………….............................2
From The Chairman
Pride of Longbridge 2011
16th April 2011
Celebrating the past but looking to the future
The sixth Pride of Longbridge event took place on Saturday the 16th of April; just
MG brought two examples of their new car to the event and they received a very
Blessed with a beautiful warm day the charming eclectic nature of POL was, if
Access was much improved by the addition of a one way system and second
With a bouncy castle for the kids and plenty of unusual cars to see the day was a
The park has already been booked for next year so it would be great to see even
Some of the kind words received since the event
Just a short email to congratulate the team who excelled themselves with this
Well, what a fantastic day - I really do take my hat of to all you who are involved
Hi John, I have just returned from the midlands after having a caravan holiday in
Yes good day and nice weather, plenty of R8s was mine the only twin cam
Superb FREE TO ENTER/VISIT event and with great weather and atmosphere.
Lots of Mini's and Metros and a good range of everything else.
Drive-It-Day - Birmingham Victoria Square
17 April 2011
Celebrating Car Manufacture in Birmingham
Drive-It-Day. Originated by Robin Lawton as “Austins-In-Action-Day” - a day when
Drive-It-day in Victoria Square is the first gathering of pre-war cars made in
So - six years on from the Centenary Cavalcade of 100 Longbridge products from
With the attendance of the Lord Mayor of Birmingham and the giant video screen
As the major car manufacturer in Birmingham before the war was Austin it is not
Next year - 22nd April 2012 for the Birmingham Drive-It-Day - www.didbrum.com
Cut Out and use as Bumper Sticker
Around The Clubs - The Cambridge-Oxford Owners Club
As with many clubs the name only tells part of the story - because it welcomes more
The full list is as follows:-
Austin Cambridge A40, A50, A55, A55 Mk 2 and A60
The objectives of the Cambridge Oxford Owners’ Club (CO-OC) is to encourage and
The COOC offers a range of services to members including:-
Quarterly Magazine - The Rosette Recorder
The oldest cars in the COOC range are nearly 57 years old and the CO-OC itself is
The Farina style cars were popular in the 1970s and early 80s with Banger Racers
The Cambridge name was a revival of a popular pre-war Austin model name and - with
Centre spread of handbook for A40, A50 and A55 pre-Farina Austin Cambridge
Longbridge Development - Bourneville College
23 May 2011
On 23 May 2011 a topping out ceremony was held at Bourneville College with
The college will have on campus the latest in facilities for today’s students.
Learning Resource Centre
A healthy body for a healthy mind is clearly the message here .
Hair and Beauty Salons
Photographs can be seen on the Austin Memories website.
WHATEVER HAPPENED TO THE LIKELY LADS?
PHOENIX FOUR BANNED
On 10th May, more than six years after the collapse of MG-Rover, the
THE OFFICIAL LINE
The disqualification undertakings conclude the enforcement action by The
The service particularly highlighted the report's findings in respect of the
As reported by Insolvency News:-
Former directors of MG Rover, who were dubbed “the Phoenix Four,” have
John Towers, Peter Beale, Nick Stephenson and John Edwards, who were also
Beale was disqualified from acting in the management of companies for six
Edward Davey, minister with responsibility for corporate governance and company law,
The disqualification undertakings came into effect on 17 May.
APPOINTMENT OF INSPECTORS
MG Rover Group went into administration on 8 April 2005 owing £1.289M. The Financial
Raising questions rather than providing answers.
To seek out answers to these questions on 31 May 2005 the Secretary of State for
Over the next four years the inspectors laboured to obtain documentary evidence, where
THE REPORT AND THE PRESS
When the report was published almost the sole interest of the press - even the financial
SCOPE OF THE REPORT
The report comprises 830 pages plus a copy of the previously confidential FRRP
Without any short summary of findings
Lacking in specific recommendations.
Here is a flavour - just one paragraph from the CONCLUSION:-
noted, they were able to acquire MGRG for a nominal sum and with the benefit
ISSUES IN THE REPORT
The inspectors looked at::-
These issues are linked:-
Audit was investigated because of concern that the large fees (more than £25M) earned
This, as far as I can make out, is a summary of the main conclusions of the inspectors:-
LIKELY REASONS FOR FAILURE
The Phoenix Consortium buyers of MGRG knew, like everyone else, that a car
Hence their business strategy, as outlined in the report, was to:-
With hindsight it can be seen that this strategy failed because:-
BMW anticipated that Rover at Longbridge could not survive more than a couple of
In the event, under the Phoenix Consortium, MGRG continued in business a further 5
In 2008 the world’s banking system collapsed. Since then the world economy in general,
General Motors went into liquidation and reconstruction. Toyota suffered loss of
MG Rover Group could not have survived the recession.
RECIPE FOR SUCCESS
A local success in the midlands has been Jaguar Land Rover (JLR) which reported £1B
About Us - The Federation of Austin Clubs, Registers and Associations
Aims and Objectives
Products include all brands associated with Longbridge - Austin, BMC, BL, MG-Rover - cars and commercials.
The aims are to:-
The electronic newsletter is distributed to all member clubs, organisations and associations, to individual members, and to others who have a continuing interest in Austin or Longbridge.