SAIC Motor Corporation, the seventh largest automobile manufacturer globally and China’s largest automaker, sold 6.93 million vehicles in the calendar year 2017. The company registered an overall growth of 6.8 percent compared to 6.49 million vehicles sold in the year-ago period. SAIC’s self-owned passenger car brands MG and Roewe became the new engines for growth, driving more than 50% of SAIC’s overall sales growth in 2017. Sales of MG and Roewe surged 62 percent at over 520,000 units in 2017.
Chinese auto maker SAIC Motor Corporation will enter the India market with its once British MG brand for which it plans to have its fully-owned car manufacturing plant in the country. The company expects to commence operations in the country by 2019 and is in the process of finalizing its manufacturing facility, SAIC Motor Corporation said in a statement. Besides, the company said, it is firming up product strategy for the market here, details of which will be announced later.
SAIC Motor Technical Centre (SMTC UK), the sister company to MG Motor, has adopted Design for Six Sigma (DFSS), at its Longbridge facility in Birmingham, confirming its commitment to a continuous quality improvement philosophy. The automotive industry has seen huge benefits through Six Sigma over many years and it continues to play a key role in the continuous improvement strategy for many OEMs and those working in the supply chain.
Some may not realize that the MG brand and logo are now in the hands of a Chinese firm, SAIC Motor Corporation Limited, a state-owned firm based in Shanghai. They are the largest Chinese automaker by sales with over 5 million units sold in 2014.
Chinese-Thai joint venture SAIC Motor-CP, which produces and markets MG cars in Thailand, has broken ground on its second assembly plant in the Kingdom, the Bangkok Post reports. The factory is located at the Hemaraj Eastern Seaboard Industrial Estate 2 in Chon Buri province. In May, the company announced plans to build a second 700,000 sqm plant that will handle MG vehicle production processes such as body assembly, vehicle assembly, and painting under one roof. The total investment in this second plant was not disclosed, but the report estimates around 30 to 40 billion baht.
An interesting proposal by the folks over at “GM Authority”. Note, while this is only supposition, it is quite an interesting idea. Anyway, the General Motors-SAIC partnership has been a healthy one for both companies, and has helped GM flourish in the Chinese marketplace. Both companies have already expanded into early engineering for products outside of the Chinese market, namely powertrains. That’s the backstory for what Automotive News Europe proposes to bring the stunning Opel GT concept to life. SAIC also owns the storied, and decidedly British, MG brand. MG has struggled to regain traction in the UK, its only market at this time. As it stands, Opel has stated it has very little intent to produce the GT, stating the concept was merely a design study. In order for Opel to bring a proper, rear-wheel drive sports car to […]
Chinese automotive conglomerate SAIC Motor Corp Ltd and local commercial vehicle distributor Weststar Maxus Sdn Bhd have signed an assembly and distribution deal worth up to RM1 billion in a move that could see the return of the MG brand in Malaysia, according to The Star. The report from the English language daily, citing sources close to the deal, states that SAIC is looking to take up a 49% stake in Weststar Maxus and will provide the distribution rights for its wide range of vehicles, including cars from the MG brand, passenger vans and pick-up trucks. These will add to SAIC’s Maxus brand of commercial vehicles that Weststar already sells. In addition, SAIC will also join forces with Weststar Maxus to set up an assembly plant here – Weststar currently builds Maxus vehicles at its facility in Port Klang, so […]
This Is Money states that iconic British car maker MG Motor UK will this week announce astonishing results, confirming its recovery from near collapse and providing yet another sign of Britain’s resurgent motor industry. The group, now Chinese owned, will proudly reveal that sales surged to a record high in the first quarter of 2015. At the same time the company is set to launch its new MG6 model and it is preparing to open a £30 million flagship showroom in Piccadilly in the heart of the capital. The news is a far cry from events ten years ago when manufacturer MG Rover was forced to call in the receivers after it catastrophically ran out of money as hopes of a £100 million bridging loan from the Government evaporated. MG Rover’s 26,000 workers found themselves instantly unemployed and the ramifications […]
According to This Day Livee, Coscharis Motors, the authorised dealer of Morris Garages (MG) in Nigeria, has said it is well positioned to make MG the preferred car for the younger generation and to take the dream further by making MG one of the most popular brand in the country. A statement by Coscharis officials said, “MG is now 90 years since 1924, and no matter how the times change or how technologies move forward, MG 550, has remained the dream car of every younger generation. And yes, it takes you to the new age when the desktop of driving operation can be customised, when the perfect fusion of digital technology and fashion interface.” According to the General Manager, Marketing and Corporate Services, Mr. Babarinde Abiona, “Coscharis Motors, offers to customers unmistakably British standard vehicle (MG) with a unique combination of […]
China Knowledge reported that SAIC Motor Corp Ltd, China’s number one car maker and owner of the MG Motors brand, saw its net profit for the third quarter of this year increase 27%YoY from CNY 3.71 billion to CNY 4.72 billion. In a statement, the Shanghai-listed firm said its revenue reached CNY 97.41 billion up by 19.4%YoY from CNY 81.61 billion. Earnings per share were CNY 0.51. In the first three quarters of 2011, the vehicle maker reaped CNY 13.29 billion in net profit reflecting increase of 38.69%YoY and its revenue grew 22.71%YoY to CNY 281.28 billion. Total vehicle sales for the nine-month period increased 11.77%YoY to 2.98 million units including 722,000 units sold in the third quarter of 2011 up by 6.1%QoQ. Of the total sales, 65,000 units were SAIC Motor self-branded models, which comprise the MG and the […]
The first Shanghai Automotive Industry Corporation (SAIC) MG 350 family sedans will arrive in Israel in early 2012. These cars are expected to significantly change the Israeli automotive market in terms of the unprecedented dimensions/accessories/price ratio. The new car, which is produced partly in Europe and partly in China, is 4.52 meters long, 1.79 meters wide, and has a wheelbase of 2.64 meters. The SAIC car will come equipped with a 1.5-liter, gas-powered, 110 horsepower engine, with a Japanese-made automatic gearbox. The car will have high standard accessories, including electronically controlled seats, leather upholstery, and a premium stereo system. The final price has not yet been determined, but the initial target price will be about NIS 110,000, which is the average price for the category of smaller cars, such as Mazda 2. SAIC importer, David Lubinski Ltd., estimates that the […]
Renowned British automobile brand, MG has joined the growing number of automobile brands in the country courtesy of Coscharis Motors, a leading automobile marketing company which also represents BMW, Land Rover, Jaguar and Ford, in Nigeria. Presenting the MG models to members of the Nigerian Motoring Press over the weekend in their Victoria Island Lagos office, Mrs. Helen Alechenu, Deputy General Manager Coscharis Motors described the MG as typical British brand, through manufactured in China by SAIC Motors. According to her, “The MG, as the best representative of the United Kingdom automobile industry, has significant leverage in the United States Sports Car Market, hence MG brand history is the Chronicle of the world automobile industry.” The Deputy General Manager who ones had a stint in the BMW, Land Rover and Ford sections of the Coscharis Auto Group, explained that the […]
While visiting the United Kingdom, the Premier of China helped launch the first new MG model in 15 years. The Premier visited the MG car plant in Longbridge, England where the new MG6 will be assembled. The factory is now owned by Shanghai Automotive Industry Corporation, which is China’s largest automaker. He hailed the launch as a potent symbol of friendship between China and the U.K. The plant is expected to serve as a platform for tapping the European market in the future.
MG Motors UK, which is majority-owned by the Shanghai Automotive Industry Corporation (SAIC), has started selling two of its models – the MG550 and the MG6 – in Brazil, the Brazilian press reported. The MG motors models, which are represented in Brazil by Sao Paulo based company Forest Trade, will be sold for between 94,000 and 100,000 reals (between US$59,000 and US$63,000), with a number of items as standard including DVD player, satellite navigation, ABS brakes, light and rain sensors and 17-inch tyres. The MG Car Company was founded in the 1920s and produced cars continuously until the autumn of 1980. After two attempts to re-launch production, the second of which was commercially successfully, the MG brand and the Rover brand, merged to become the MG Rover group in May, 2000, and production came to a stop in April, 2005 […]
SAIC Motor Corporation, the owner of MG Motors, plans to develop several new models for the British brand in order to boost sales outside its home market in China. The Chinese owner of MG Motors has already spent £1 billion ($1.64 billion) to re-launch the MG and Roewe brands (former Rover) and intends to invest another £2.2 billion ($3.6 billion) to achieve annual sales of 700,000 by 2015. In 2010, the two brands sold 160,397 cars, most of which were delivered in China, with only 2,000 units exported to other markets. This past April, MG launched its new mid-size MG6 in the UK, the first new car to be assembled at the British firm’s Longbridge plant in 16 years. The company said that when it completes the development of a diesel version, it will offer the car to rest of […]
Just published are the clearest spy images yet of the MG 3, a new supermini that will go on sale in China next year and could make it to the UK in 2012. The small five-door hatch has neat, inoffensive styling – although it falls some way short of the racy Zero concept that was shown at the Beijing show. The MG 3 will offer a choice of four-cylinder petrol engines: a 1.3 producing 67bhp, and a 107bhp 1.5. The standard gearbox is a five-speed manual, although the 1.5 will be offered — in China, at least — with an automatic option. There will also be a diesel; MG owner SAIC is in discussions with a number of potential suppliers. The firm also has a turbocharged version of the 1.5 petrol; with 156bhp on tap, it could form the basis […]
The MG6 hatchback will be the first all-new MG model to go on sale in the UK since the 2001 MG ZS and ZT, according to sources at Chinese car maker SAIC, which owns the MG Roewe and Ssangyong brands. Both the hatchback MG6 and its saloon sister car (which is currently being sold in China under the Roewe 550 badge) will be launched in the UK and Ireland. Both versions will use the MG badge say sources, and the most popular engine is expected to be the N-series 1.8-litre turbocharged engine, an updated version of Rover’s K-series engine. The cars are expected in the showrooms by early 2011. Stringent EU crash test standards have proved to be the downfall of previous Chinese-made cars, but the MG6 is actually based on a re-engineered version of the robust Rover 75 platform. […]
Shanghai Automotive Industry Corp (SAIC), China’s number-one automaker, has just launched its MG6 in China. The new model faces off against the Honda Civic, Toyota Corolla and Volkswagen Sagitar in the highly competitive mid-class auto segment in China. The MG6 hatchback, equipped with a 1.8-liter turbo engine, will be produced by SAIC Co at its Lingang plant. SAIC will also start production of the MG6 in a plant in the United Kingdom next year as it tries to revive the 85-year history of the British icon globally. The company said the MG6, which was unveiled at the 2009 Shanghai Auto Show last April, is specifically designed for Asian and European markets. In China, “There will be market potential for the MG6 if SAIC prices the car competitively,” said Ye Sheng, an auto analyst at automotive consulting firm B. Thinking Management […]
Chinese-owned MG Motor U.K., the British sports-car marque, is to halt production of its TF sports car for six months, not resuming until March next year. Sales of the low-volume sports car, the only vehicle now built at the once-massive Longbridge factory in England, have been slow through the year. The midengine two-seat TF sports car started life as the MGF in 1995 and was Britain’s best-selling sports car for years. It’s now sold in limited numbers in the U.K. Just 265 were sold in the first nine months of this year, although September was the revived brand’s best month yet, with 65 TFs finding buyers. The company also has orders for all 50 copies of a new 85th-anniversary limited edition. According to newly appointed sales and marketing director Guy Jones, the small-sports-car market is down 30 percent this year […]
Jones will take responsibility for UK sales, marketing, PR and aftersales, as well as the development of the MG brand. He has previously worked as brand manager at Bentley and marketing director at Kia UK. ‘MG is a much loved iconic British brand that now has SAIC as a proud new owner, capable of developing the brand on a global basis,’ said Jones. ‘SAIC are already playing a leading role in China, now the world’s largest car market, and have ambitious global plans for the MG brand.’ MG is now owned by Chinese firm SAIC, and re-commenced production at Birmingham’s Longbridge plant last year. It launched its first advertising since the 2005 break-up of MG Rover last autumn, focusing on its TF LE500 model.