Written question asked by John M Taylor (Conservative) on Thursday, 16 March 2000, in the House of Commons. It was due for an answer on Thursday, 30 March 2000. It was answered by Stephen Byers (Labour) on Thursday, 30 March 2000 on behalf of the Department of Trade and Industry.

Dept of Trade and Industry

Question: To ask the Secretary of State for Trade and Industry, What is the position regarding BMW's ownership of Land Rover in Solihull; and if he will make a statement. (Failed OPQ).

Answer: Mr. John M. Taylor: To ask the Secretary of State for Trade and Industry what is the position regarding BMW's ownership of Land Rover in Solihull; and if he will make a statement. [115698] Mr. Byers: I understand that Ford has reached a memorandum of understanding with BMW to acquire Land Rover. The transaction is subject to BMW and Ford achieving a definitive agreement, due diligence and regulatory approvals. If successful the acquisition is expected to be completed in the second quarter of this year.

Secondary information