What is the relationship between MG and Roewe?
1 Answers
They belong to the same company. Here is some information about Roewe and MG: 1. Roewe: Roewe is an automobile brand under SAIC Motor Corporation Limited, launched in October 2006. The technology for this brand's vehicles originates from Rover Cars, which SAIC previously acquired, but SAIC did not acquire the "Rover" brand. On October 12, 2006, SAIC Motor Corporation Limited officially announced that its own brand would be named "Roewe". 2. MG: On July 22, 2005, Nanjing Automobile Group Co., Ltd. successfully acquired British MG Rover and its engine production division. In April 2007, SAIC Motor Corporation Limited (SAIC Group) fully acquired Nanjing Automobile Group, thus becoming the new owner of the MG brand.