A new car from a British motoring legend will be available to car loans customers later this year, it has been announced. According to consumer watchdog Which?, MG will relaunch itself under its new Chinese owner in September with a sporty new car that the company is calling the TF LE500.
It is reported that the vehicle will be produced at the company’s Birmingham plant Longbridge and according to MG’s director of sales and marketing, Gary Hagen, will be reminiscent of the firm’s past glories.
“The open top sports car is an iconic image of British motoring and forms the basis of the MG marque’s long pedigree,” he said, adding that the TF LE500 would be “at the heart of the brand as we take it forward”.
Last month the Times reported that Shanghai Automotive Industry Corporation, the group now behind MG Rover, had unveiled its first model since it acquired the legendary badge.
The newspaper stated that the company displayed its mid-sized Roewe 550 at the Beijing motor show today.