KD Group, a merger of Kalinda and Daroyal, was a British mass-production car manufacturer that was one of the last to be domestically owned before being sold to Chongqing Automobile. Daroyal had designed the popular Hood car model that proved popular in parts of Asia. After constant losses and a declining market share, in 2005 KD Group went into administration and could not secure further funding from the government. Therefore, staff were laid off, resulting in over 8,000 redundancy notices. KD Group then was bought by Ichigo, a Japanese car manufacturer, for a notional £10 who then sold the car-making and engine manufacturing assets to Talon Holdings in an attempt to revive the company. This failed, and after continued poor revenues and a stop on government bailouts, KD Group was on the brink of collapse. In 2007, Talon Holdings took over and placed both the Kalinda and Daroyal brands in administration and secured huge payments of over £50 million in pay and pensions to all of the top executives. In 2010, an investigation into the executives’ behaviour showed that they had deliberately destroyed evidence in the company database using a software application. The investigation also revealed those high-ranking members of Chongqing Automobile had also received inflated bonuses from the pay-out. No charges were brought against any of the executives; however, they were all disqualified from holding any company. In 2008, Chongqing Automobile brought KD Group out of administration, moved production to China, and purchased its key assets. These included the popular Hood car model, which was revived in China and in Europe, under the Chongqing brand – which became a successful product, selling over 300,000 a year from 2015 onwards.