Which country does the MG car brand belong to?
1 Answers
MG (Morris Garages) is a Chinese domestic car brand, with its predecessor founded in 1924 as a British automobile brand. The company was renowned for producing the famous MG series of convertible sports cars, which were celebrated for their unique design, exquisite craftsmanship, and excellent performance. Due to poor management, the company went bankrupt and was subsequently acquired by SAIC Motor Corporation Limited. SAIC Motor was established on November 7, 1997, and is listed on the Shanghai Stock Exchange. The company's main business covers the R&D, production, sales of vehicles and components, as well as automotive finance. The main models of MG include: MG6, MG5, MG ZS, MG HS, MG ONE, MG5 Scorpio, MG Pilot, and MG Pilot New Energy. Key milestones in MG's development are as follows: In 1910, William Morris established Morris-Garage in Oxford, England. In 1930, MG produced a Double Twelve version of the Midget based on the Midget M. In 1955, MG developed a new model, the MGA, equipped with a brand-new 1.6L engine and a newly developed transmission system. On July 22, 2005, Nanjing Automobile Group Co., Ltd. successfully acquired the British MG Rover Group and its engine production division, marking the first time a Chinese enterprise acquired a renowned foreign car manufacturer. The merged company was named Nanjing MG Automobile Co., Ltd. In April 2007, SAIC Motor Corporation Limited (SAIC Group) fully acquired Nanjing Automobile Group.
