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