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August 26, 2008

MG to Bring Three New Cars to Europe – U.S. Plans Scrapped

NAC MG TF LE500 ChinaIn addition to a revamped version of the current TF LE500 roadster, NAC, the Chinese owner of MG is planning to introduce three new models in Europe according to company’s managing director, Gary Hagen. “We’re planning a four-car range of MGs – first to arrive will be a mid-sized saloon sharing its platform with the Roewe 550. The planned introduction for this car is late 2010 and, looking at today’s marketplace, I see the main opposition as being the Mazda 6,” said Hagen in an interview with the British website Austin Rover Online. -Continued

“After that, there will be a C-segment compact and a B-segment supermini – and, no, that won’t be the MG3 SW, which has been a major success for us in China. Clearly, we have the capacity to build these cars in Longbridge and the Chinese are keen for this to happen,” added Hagen.

NAC MG’s managing director also took the opportunity to shed some light on the company’s ‘on and off’ plans for a return into the North American market. “We’re starting with the UK and Ireland and, once we’re up to speed, we will be pushing to sell in Europe. The USA isn’t on the short-term radar as an anticipated market for us but, with the right product, it would be good to return there,” Hagen told Austin Rover Online. The MG brand disappeared from U.S. dealerships in the early 1980s.

Via: Austin Rover Online