Early indications suggest that this could cost the ailing company as much as £200 Million per annum, a figure that the company could not sustain. ... During the seventies British Leyland (as the company was then known) was severely damaged by strike action, which led finally to the nationalisation of the company in 1977. ... The company built the Rover 75 to fit the new company taxation system but its smaller vehicles (a significantly growing market) are over 10 years old and uncompetitive in the market place hence adding to declining sales. ... Secondly the company is still a big em...

• Word Count: 3942
• Approx Pages: 16
• Grade Level: High School