Who Owns MG Motor?

The MG brand was founded in 1924 as Morris Garages by Cecil Kimber in Oxford, United Kingdom. The company initially produced sports cars and became renowned for affordable performance vehicles, particularly the MG Midget and MG sports cars that were popular in the mid-20th century.

Throughout its history, MG went through various ownership changes and corporate restructurings. The brand became part of British Motor Corporation, later British Leyland, and eventually MG Rover Group. The company faced financial difficulties in the early 2000s, leading to the collapse of MG Rover Group in 2005.

In 2005, Nanjing Automobile Corporation (NAC) purchased the MG assets and trademarks from the defunct MG Rover Group. This marked the beginning of Chinese ownership of the historic British brand. In 2007, SAIC Motor acquired NAC, bringing MG under its control and beginning the brand's transformation into a global automotive marque.

Under SAIC's ownership, MG has shifted from producing sports cars to manufacturing affordable family cars, SUVs, and electric vehicles for global markets. The brand has achieved significant export success, becoming one of China's largest automotive exporters.