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Corporate Business

MG Hopes For Record Sales in 2013

Iconic and now wholly Chinese-owned car maker MG is the fastest-growing British brand in the UK, according to official industry data. Figures released by the Society of Motor Manufacturers and Traders reveal MG sales grew by 117 per cent in 2012, boosted by the opening of eight new dealerships. The famous MG octagon enjoyed its best sales year in the UK since 2006, with more cars sold last year than in 2010 and 2011 combined. That success was mirrored in China where SAIC Motor, MG’s parent company, sold over 200,000 units across its MG and (China-only) Roewe brands – a 23 per cent increase over 2011 – representing the biggest growth within the SAIC group’s automotive divisions. Worldwide growth for the brand is equally encouraging with MG growing at a faster rate than any time in the marque’s 89-year history. […]