MG Motor

This article is about MG cars under NAC and SAIC Motor ownership. For the history of the MG trademark or the former M.G. Car Co. Ltd (1930–1972), see MG cars.

MG Motor
Company typeDivision
IndustryAutomotive
PredecessorMG Rover Group
Founded
  • 1924; 100 years ago (1924) (as Morris Garages Ltd)
  • April 2006; 18 years ago (2006-04) (reorganized under Chinese ownership)
Headquarters
Shanghai
,
China
Area served
Worldwide
Key people
  • Lu Jianjun (brand general manager)[1]
ProductsAutomobiles
Production output
Increase 840,000 (2023)[2]
Owner
Website

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]

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 IM Motors, Rising Auto, Roewe and Maxus (LDV for some export markets).

  1. ^ a b "上汽名爵事业部总经理陆家俊在上汽大通时业绩辉煌 如今有压力吗？" [Lu Jiajun, general manager of SAIC MG Business Unit, had brilliant performance when he was at SAIC Maxus. Does he feel pressure now?]. www.sohu.com. 2 August 2023. Retrieved 6 April 2024.
  2. ^ a b Leung, Adrian (23 February 2024). "IM models to be rebranded as MG for sales in Europe and South America". CarNewsChina.com. Retrieved 26 February 2024.
  3. ^ "MG Motor UK Ltd". UK Companies House. Retrieved 28 September 2016.
  4. ^ "MG Motor Affirms its Non-Presence in the Russian Market". winner.ua. Retrieved 2 April 2024.
  5. ^ "全球热销超84万辆 上汽MG连续五年蝉联"单一品牌出口冠军"" [Globally selling over 840,000 units, SAIC MG has been the “Single Brand Export Champion” for five consecutive years.]. 新华财经-中国金融信息网. 19 January 2024. Retrieved 2 April 2024.