MG Motor UK has announced an exceptional month for sales, reporting a total of 475 vehicle registrations in January –  a staggering 130% increase compared to the same period in 2017. Despite a market downturn of 6.3%, according to figures released by the Society of Motor Manufacturers and Traders (SMMT), MG has successfully bucked the trend becoming the UK’s best performing car brand in January. The Longbridge-based company, which concluded 2017 with a year-on-year registration increase of around 6%, looks on course for a successful 2018, despite challenging market conditions.

Morgan Motor Company has announced record profitability and growth as it continues to roll out a long-term strategic plan under the guidance of Chairman Dominic Riley, Managing Director Steve Morris, and family shareholders – keeping up the positive momentum in the family-owned business. Year-end financial reports released today announced record growth from the 109-year-old company with a 19 percent increase in revenue against 2016 to £36m, improved group margins with an increase of 12 percent, a 13 percent increase in group net assets and an increase in pre-tax profits to £2m. Last year saw strong performances from all sectors of the Morgan business, including a new technological partnership with Frazer Nash for EV development, futureproofing with long-lead new model planning and strategic in-house appointments within the management team coupled with increased marketing activity.