MUNICH -- BMW will not block MG Rover's deal with Shanghai Automotive Industry Corp. by revoking the right to use Rover as a brand name.
"We have no interest in putting stones in the way of MG Rover," said BMW spokesman Marc Hassinger.
MG Rover spokesman Daniel Ward said the issue is resolved.
"Our legal teams have reached an agreement weeks ago," he said. "There are no longer any obstacles."
BMW retained the rights to the Rover, Triumph and Riley brands when it sold what is now MG Rover in 2000.
MG Rover agreed to not sell Rover-badged SUVs that BMW feared could compete with Land Rover, which BMW sold to Ford.
MG Rover confirmed that commitment. But the company could legally sell an MG-branded SUV.