MG Motor
 |
|
| Subsidiary | |
| Industry | Automotive |
| Founded | 12 April 2006 |
| Headquarters | Longbridge, Birmingham, U.K. |
|
Key people
|
William Wang (Managing Director) |
| Products | Automobiles |
| Brands | MG (Introduced 1923) |
| £15.7 million (2012) | |
| -£4 million (2012) | |
| Owner | SAIC Motor |
|
Number of employees
|
Approx 540 |
| Parent | SAIC Motor UK |
| Website | mg.co.uk |
MG Motor UK Limited (MG Motor) is a British automotive company headquartered in Longbridge, Birmingham, United Kingdom, and a subsidiary of SAIC Motor UK, which in turn is owned by the Shanghai-based SAIC Motor. MG Motor designs, develops and markets cars sold under the MG marque. All MG vehicles are currently assembled in China, and MG Motor is the largest importer of Chinese made cars into the United Kingdom. The marque returned to competitive motorsport in 2012, and won the 2014 British Touring Car Manufacturers Championship.
Following the collapse of MG Rover in 2005, the Chinese automaker Nanjing Automobile acquired the Longbridge plant and the MG marque for GB£53 million (US$97 million). Nanjing Automobile formally established NAC MG UK Limited as a holding company for the plant and marque on 12 April 2006. In March 2007, Nanjing Automobile unveiled the first MG vehicles manufactured in China, the MG TF, MG 3 and MG 7.
Assembly of cars restarted at Longbridge in August 2007, with production of the MG TF LE500.
In 2007, Nanjing Automobile was acquired by SAIC Motor, and in early 2009 NAC MG UK Limited was renamed MG Motor UK Limited.
The first all-new model from MG for 16 years, the MG6, was officially launched on 26 June 2011 during a visit to MG Motor's Longbridge plant by Chinese premier Wen Jiabao. This car was imported briefly into the UK, but it was not a sales success and was withdrawn from sale in 2016.
By March 2012, SAIC had invested a total of £450 million in MG Motor. Sales in the UK totalled 782 vehicles in 2012.
The MG3 went on sale in the United Kingdom in September 2013.
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Wikipedia