New Cars - MG

Longbridge, May 2005, Nanjing Automobile Corporation (NAC) purchased the MG brand, the manufacturing rights to the MG range of vehicles and assets of the collapsed MG Rover organisation in a deal worth in excess of £50 million.

Following its acquisition of the physical assets of the MG Rover company, the MG brand name, and Powertrain Limited, Nanjing MG Automobile Co., Ltd (NAC MG Ltd) founded its headquarters and manufacturing facility in the Pukou High-Tech Development Zone outside Nanjing on March 27, 2006 with the laying of the first foundation stone.

For the UK, the MG brand home will again be at Longbridge, where the famous TF will be produced.  NAC has taken a long lease on the central part of the site and is investing heavily in the MG brand and its assets. 2007 will see the start of production of MG cars both in China and the UK.