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MG Motor
MG Motor is an automotive manufacturer owned by SAIC Motor, a Chinese state-owned carmaker based in Shanghai. It uses the British MG marque, founded in Oxford, United Kingdom, in 1924. SAIC Motor gained control of the marque in December 2007 by acquiring Nanjing Automobile Corporation (NAC), which had bought the brand from the defunct MG Rover Group in 2005. Currently, MG operates as a division within SAIC's passenger vehicle branch.
MG vehicles are designed and developed by SAIC, and manufacturing mainly takes place at SAIC's plants in China. Additionally, SAIC produces MG vehicles in Thailand, India, Indonesia, and Taiwan for their respective regional markets. The brand briefly assembled cars at the Longbridge plant in the UK from 2007 to 2016, before reverting to sourcing vehicles directly from China.
In China, MG is also known by its Chinese name "名爵"; Míngjué, and it is one of several passenger car brands directly owned by SAIC, alongside IM Motors, Rising Auto, Roewe and Maxus (LDV for some export markets). Outside China, MG has been positioned as SAIC's primary brand. Since 2019, it has become the largest single-brand car exporter from China. In 2023, MG Motor sold approximately 840,000 vehicles globally, with 88 percent of those sales coming from markets outside of China.
MG was established in 1924 by Cecil Kimber in Oxford, UK. After a series of ownership changes, including a merger with Austin to form the British Motor Corporation (BMC) and later British Leyland, MG faced financial struggles in the late 20th century. In 1994, BMW acquired Rover Group, which included MG, but sold off the marque in 2000 due to ongoing financial losses. MG and Rover were then purchased by Phoenix Venture Holdings, a consortium owned by four British businessmen, forming MG Rover Group. The company went into administration in 2005, with debts of over £1.4 billion.
Following MG Rover's collapse, in July 2005, Nanjing Automobile Corporation (NAC) purchased the MG marque, the Longbridge plant, and its production tooling for £53 million (US$97 million). NAC outbid the larger SAIC Motor, which had also sought to acquire the brand. Although SAIC was able to secure the intellectual property rights for the Rover 75 and Rover 25 models, it was unable to acquire the Rover trademark, which was purchased by Ford from BMW in 2006. SAIC responded by creating the Roewe brand to produce and market the former Rover vehicles in China.
On 12 April 2006, NAC formally established NAC MG UK Limited as the UK-based holding company for the Longbridge plant and the MG marque. Production of MG vehicles, including the MG TF, MG3, and MG7, resumed at an NAC facility in Nanjing on 27 March 2007, with production tooling shipped from Longbridge. In August 2008, production of the MG TF LE500, MG TF135 and MG TF 85th Anniversary models also restarted at the Longbridge plant in the UK.
On 26 December 2007, NAC merged into SAIC, becoming its subsidiary. This merger granted SAIC full control of NAC MG and resolved a production bottleneck for its Roewe brand, as NAC owned the rights to Rover engine production and other key technologies. In early 2009, NAC MG UK Limited was renamed MG Motor UK Limited and became the national sales company for the UK market.
In October 2008, SAIC began exporting the Roewe 750 and 550 to Chile under the MG brand, rebranded as the MG 750 and MG 550. The company stated that the MG brand, compared to SAIC's own Roewe, has the "popularity, loyalty, and premiumness" necessary to compete in export markets, including Europe.
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MG Motor
MG Motor is an automotive manufacturer owned by SAIC Motor, a Chinese state-owned carmaker based in Shanghai. It uses the British MG marque, founded in Oxford, United Kingdom, in 1924. SAIC Motor gained control of the marque in December 2007 by acquiring Nanjing Automobile Corporation (NAC), which had bought the brand from the defunct MG Rover Group in 2005. Currently, MG operates as a division within SAIC's passenger vehicle branch.
MG vehicles are designed and developed by SAIC, and manufacturing mainly takes place at SAIC's plants in China. Additionally, SAIC produces MG vehicles in Thailand, India, Indonesia, and Taiwan for their respective regional markets. The brand briefly assembled cars at the Longbridge plant in the UK from 2007 to 2016, before reverting to sourcing vehicles directly from China.
In China, MG is also known by its Chinese name "名爵"; Míngjué, and it is one of several passenger car brands directly owned by SAIC, alongside IM Motors, Rising Auto, Roewe and Maxus (LDV for some export markets). Outside China, MG has been positioned as SAIC's primary brand. Since 2019, it has become the largest single-brand car exporter from China. In 2023, MG Motor sold approximately 840,000 vehicles globally, with 88 percent of those sales coming from markets outside of China.
MG was established in 1924 by Cecil Kimber in Oxford, UK. After a series of ownership changes, including a merger with Austin to form the British Motor Corporation (BMC) and later British Leyland, MG faced financial struggles in the late 20th century. In 1994, BMW acquired Rover Group, which included MG, but sold off the marque in 2000 due to ongoing financial losses. MG and Rover were then purchased by Phoenix Venture Holdings, a consortium owned by four British businessmen, forming MG Rover Group. The company went into administration in 2005, with debts of over £1.4 billion.
Following MG Rover's collapse, in July 2005, Nanjing Automobile Corporation (NAC) purchased the MG marque, the Longbridge plant, and its production tooling for £53 million (US$97 million). NAC outbid the larger SAIC Motor, which had also sought to acquire the brand. Although SAIC was able to secure the intellectual property rights for the Rover 75 and Rover 25 models, it was unable to acquire the Rover trademark, which was purchased by Ford from BMW in 2006. SAIC responded by creating the Roewe brand to produce and market the former Rover vehicles in China.
On 12 April 2006, NAC formally established NAC MG UK Limited as the UK-based holding company for the Longbridge plant and the MG marque. Production of MG vehicles, including the MG TF, MG3, and MG7, resumed at an NAC facility in Nanjing on 27 March 2007, with production tooling shipped from Longbridge. In August 2008, production of the MG TF LE500, MG TF135 and MG TF 85th Anniversary models also restarted at the Longbridge plant in the UK.
On 26 December 2007, NAC merged into SAIC, becoming its subsidiary. This merger granted SAIC full control of NAC MG and resolved a production bottleneck for its Roewe brand, as NAC owned the rights to Rover engine production and other key technologies. In early 2009, NAC MG UK Limited was renamed MG Motor UK Limited and became the national sales company for the UK market.
In October 2008, SAIC began exporting the Roewe 750 and 550 to Chile under the MG brand, rebranded as the MG 750 and MG 550. The company stated that the MG brand, compared to SAIC's own Roewe, has the "popularity, loyalty, and premiumness" necessary to compete in export markets, including Europe.