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HomeSourcesbbc.comChinese owner of iconic MG car brand to build Europe plant

Chinese owner of iconic MG car brand to build Europe plant

China’s largest car manufacturer SAIC Motor says it will build its first factory in Europe, after sales of its vehicles on the continent jumped.

The state-controlled company – which owns the iconic MG brand – says the new plant will produce electric vehicles.

However, a spokesperson told the BBC that SAIC has not yet decided whether MG models would be made at the site.

MG, which has roots dating back over a century, was made in the UK until production was moved to China in 2016.

On Thursday, an SAIC spokesperson told the BBC that the firm was still in the process of securing a site in Europe and finalising other details about the project.

Sourcebbc.com
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