John Towers (businessman) Industry Corporation (SAIC). Towers was heavily criticised for his role in the company's demise, and the Phoenix Consortium's conduct relating to Rover Group was initially referred to the Serious Fraud Office (SFO), although after initial investigations the SFO concluded that no further action would be taken. Following publication of a government report into the failure of MG Rover, Towers - along with the other directors of Phoenix - have been disqualified from holding any company office in the United Kingdom or have undertaken not to do so. Towers, together with the other members of PVH, ran MG Rover into the
John Stephenson Company John Stephenson Company The John Stephenson Car Company was an American manufacturer of carriages, horsecars, cable cars, and streetcars, based in New York City. It was founded by John Stephenson in 1831. John Stephenson invented the first streetcar to run on rails, building this in 1832, for the New York and Harlem Railroad. A reorganization in 1867 included shortening of the company's name to the John Stephenson Company. In the latter part of the 19th century, the company was a major builder of streetcars, constructing some 25,000 cars in the period 1876–1891 alone, including ones for export. Its customers included