MG set for global push as Chinese parent invests £4.5bn in growth plans
2nd August 2012
MG is set for a major international sales push as its Chinese parent invests £4.5bn to expand its global business.The massive investment, spread over five years, is set to establish SAIC Motor as the leading automotive research and development company in China – the world’s largest car market.SAIC’s European Technical Centre and European Design Centre at Longbridge will play a pivotal role in the expansion operation.SAIC, which took on MG following the Longbridge firm’s collapse in 2005, is acceleratin......for the full story register now for free or login below...
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