Company type | Division |
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Industry | Automotive |
Predecessor | MG Rover Group |
Founded |
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Headquarters | , |
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 Motor is an automotive brand owned by SAIC Motor, a Chinese state-owned carmaker based in Shanghai. It is a continuation of the original MG marque, a British brand founded in Oxford, UK, in 1924. SAIC Motor gained control of the brand in December 2007 by acquiring Nanjing Automobile Corporation (NAC), which had initially taken over the brand from the defunct MG Rover Group in 2005. Currently, MG operates as a division within SAIC's passenger vehicle branch.[3]
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.[4] Since 2019, it has become the largest single-brand car exporter from China.[5] In 2023, MG Motor sold approximately 840,000 vehicles globally, with 88 percent of those sales coming from markets outside of China.[2]