MG Motor
Car brand owned by SAIC Motor / From Wikipedia, the free encyclopedia
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MG Motor is an automotive brand owned by the Shanghai-based, state-owned carmaker SAIC Motor.[3] It is a continuation of the original MG marque, a British brand that was established in Oxford, UK in 1924. SAIC Motor gained control of the brand in December 2007 by acquiring Nanjing Automobile Corporation (NAC), a smaller Chinese company that first acquired the brand from the defunct MG Rover Group in 2005. Currently, MG is a division within SAIC's passenger vehicle branch.[1]
Company type | Division |
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Industry | Automotive |
Predecessor | MG Rover Group |
Founded |
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Area served | Worldwide |
Key people |
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Products | Automobiles |
Production output | 840,000 (2023)[2] |
Owner |
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Website |
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MG vehicles are designed and developed by SAIC, and manufacturing mainly takes place at SAIC's plants in China. SAIC also produces MG vehicles in Thailand, India and Indonesia for the respective regional markets. The brand briefly assembled cars at the Longbridge plant in UK from 2007 until 2016 for the UK market, before switching into sourcing cars directly from China instead.
MG has been positioned as SAIC's main brand internationally.[4] Since 2019, MG has been the largest single-brand car exporter from China.[5] In 2023, MG Motor sold around 840,000 vehicles worldwide, with 88 percent of its sales coming from outside China.[2]
In China, MG is also known by its Chinese name "名爵"; Míngjué, and it is one of several passenger car brands owned directly by SAIC alongside Roewe, Maxus (LDV for some export markets), Rising Auto, and IM Motors.