LDV folds as Weststar pulls out of rescue deal

摘要

UK/Malaysia/Russia - June 8, 2009 saw British van maker, the LDV Group of Birmingham, UK placed in the hands of administrators, PriceWaterhouseCoopers, after last ditch efforts by LDV and the British government - the UK government provided a four week bridging loan of GBP5m - to encourage the Malaysian firm, Weststar, to buy the company, failed.