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Mg Overview:
MG is a British sports car brand founded in 1924. In the spring of 2005 MG production ceased when the brand owners, MG Rover, went bankrupt. In early 2007 the new owners of the brand, Nanjing Automobile Group, resumed production of MGs at the Longbridge plant, which they had also acquired when they took over MG Rover, and at a plant in China. MG is best known for two-seat open sports cars, but MG also produced saloons and coupes. More recently, the brand has also been used to designate sportier versions of other models belonging to the parent company. Following the collapse of the MG Rover group, who had owned the marque since purchasing it in 2000 from BMW, MG was bought by the Nanjing Automobile Group in 2005.
Other Mg details:
Nanjing restarted production of the MG TF and ZT ranges in early 2007. The TF is being built at Longbridge, while the ZT (now the MG 7) is being assembled in China. Other models include; MG 3, MG 5 and MG 7.The MG 3 is a current production car which will be sold under the MG model range owned by Nanjing Automobile Group. It is under the body and chassis of the MG ZR which was the last MG product of this size, and ceased production in April 2005 on the bankruptcy of predecessor organization MG Rover. The MG 5 is a current production car which will be sold as an MG. It is similar to the MG ZS, which was produced by predecessor organization MG Rover until that firm went bankrupt in April 2005. It was launched in 2008. It is designed to compete against the likes of the Ford Focus and Volkswagen Golf, and may also be sold as an Austin. The MG 7 is a sports saloon .Production started in early 2007.The MG7 has received praise from the British press who test drove it in May.
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