Is MG a Domestic or Joint Venture Car Brand?
1 Answers
MG is a domestic car brand. Here are specific details about MG: 1. MG, short for Morris Garages, is a British-origin automobile brand founded in 1924 by William Morris. 2. MG is renowned for producing the famous MG series of convertible sports cars, celebrated for their unique design, fine craftsmanship, and excellent performance. 3. On July 22, 2005, Nanjing Automobile Group Co., Ltd. successfully acquired British MG Rover and its engine production division, forming Nanjing MG Automobile Co., Ltd. after the merger. 4. In April 2007, SAIC Motor Corporation Limited (SAIC Group) fully acquired Nanjing Automobile Group, thereby becoming the new owner of the MG brand.