John Towers (businessman) ground until it finally collapsed with the loss of 6,500 jobs. PVH gave members of management "unreasonably large" payouts, a government-commissioned report found, which were "out of all proportion". Towers awarded himself £8.958m whilst many employees lost their lifetime jobs - leaving with nothing. Nanjing Automobile subsequently brought MG out of administration, but have since moved production to China. John Towers (businessman) John Towers CBE (born 30 March 1948) is an English businessman, who was the owner and managing director of MG Rover Group from 2000 until the company entered administration in 2005. This followed a succession of senior appointments
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