The report warns that the Sterling exchange rate will make a huge difference to the return on the plans for the company and it adds: 'At current exchange rates we see Rover in loss through 2000.'
Salomon Smith Barney said while the Mini looked set to go ahead at Longbridge so long as workers voted in favour of the deal, the 'real future' of Longbridge would only be secured when subsequent investment was signed off the the R30 - which will replace the 200 and 400 - and is due in 2002/3.
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