
MG Motor is owned by SAIC Motor (SSE: 600104), a Chinese state-owned automotive manufacturer headquartered in Shanghai. SAIC acquired the MG brand in 2007 through its purchase of Nanjing Automobile Corporation. MG is SAIC's primary international brand, selling over 300,000 vehicles in Europe in 2025 and operating in more than 170 countries. SAIC Motor reported $91.3 billion in revenue in 2025 and sold 4.507 million vehicles globally.
Parent Company
Acquired
2007
Status
Publicly Traded
Headquarters
| Brand | Parent Company | Ownership Type |
|---|---|---|
| MG Motor | SAIC Motor Corporation Limited | Wholly owned |
The MG brand was founded in 1924 as Morris Garages by Cecil Kimber in Oxford, United Kingdom. Kimber was the sales manager at Morris Garages, a Morris Motors dealership. He began producing his own tuned versions of Morris cars, and the MG brand quickly became known for affordable sports cars. The MG Midget, MGA, and MGB models were popular in both the UK and export markets, particularly the United States.
MG went through multiple ownership changes. The brand became part of the British Motor Corporation in 1952, then British Leyland in 1968. Under British Leyland, MG continued producing sports cars alongside mainstream models. The company was privatized in the 1980s and eventually became part of the MG Rover Group in 2000.
MG Rover Group collapsed in April 2005, ending volume car production at the Longbridge plant. In July 2005, Nanjing Automobile Corporation (NAC) purchased the MG assets and trademarks for approximately $97 million. NAC began assembling MG vehicles at the Longbridge plant in 2007, but production was limited.
In December 2007, SAIC Motor acquired NAC, bringing MG under its control. SAIC had previously acquired the Rover brand rights (creating the Roewe brand) but now had the original MG trademark. SAIC consolidated MG production at its facilities in China and began repositioning the brand as a global value marque.
Under SAIC's ownership, MG shifted from producing sports cars to manufacturing affordable family cars, SUVs, and electric vehicles. The brand's first major product under SAIC was the MG6, launched in 2011. The MG3 hatchback followed in 2013, and the MG GS SUV in 2015.
The turning point came with the MG4 EV, launched in 2022. The MG4 was MG's first ground-up electric vehicle and became a significant sales success, particularly in Europe. The model has maintained monthly sales above 10,000 units and won multiple awards. In 2024, MG launched the Cyberster, an electric sports car roadster that revived the brand's sports car heritage.
In June 2026, SAIC announced that MG would build its first European factory in Ferrol, Spain, with an initial investment of EUR 200 million. The plant is scheduled to open in 2028 with an eventual annual capacity of 120,000 vehicles, creating over 2,000 jobs. The decision was driven by EU anti-subsidy tariffs of 35.3% on SAIC-built EVs, which combined with the standard 10% import duty creates a 45.3% total tariff on Chinese-built MG electric vehicles.
What does SAIC Motor own?
SAIC Motor operates proprietary brands including MG Motor (global, sold in over 40 countries), Roewe (domestic Chinese premium brand), Maxus/LDV (commercial vehicles), and IM Motors/Zhiji (premium EV joint venture with Alibaba). The company also operates joint ventures with Volkswagen (SAIC Volkswagen), General Motors (SAIC-GM), and SAIC-GM-Wuling. The Wuling Hongguang Mini EV, produced by SAIC-GM-Wuling, is one of China's best-selling electric vehicles.
Is SAIC Motor publicly traded?
Yes, SAIC Motor is publicly traded on the Shanghai Stock Exchange under ticker 600104. However, the controlling shareholder is Shanghai Automotive Industry Corporation (Group), a state-owned investment holding company controlled by the Shanghai Municipal Government, which holds approximately 63% of shares. The remaining approximately 37% are publicly traded.
Who founded SAIC Motor?
SAIC Motor was established in 1955 by the Shanghai Municipal Government as a state-owned automotive manufacturer. The company was originally established as the Shanghai Automotive Assembly Plant, producing vehicles for government and military use. The company's modern growth was driven by the formation of a joint venture with Volkswagen in 1984, one of the first automotive joint ventures in China.
Where is SAIC Motor headquartered?
SAIC Motor is headquartered in Shanghai, China. The company's corporate offices and primary manufacturing operations are located in Shanghai, with additional manufacturing facilities across China and internationally in Thailand, India, Indonesia, and the United Kingdom. Shanghai serves as the center for SAIC's operations and provides access to China's major automotive market and technology ecosystem.
How many brands does SAIC Motor own?
SAIC Motor operates multiple proprietary brands (MG Motor, Roewe, Maxus/LDV, IM Motors) and joint venture brands (VW, Skoda, Buick, Chevrolet, Cadillac, Wuling, Baojun). The company's brand portfolio covers the full range of market segments from entry-level electric vehicles (Wuling Hongguang Mini EV at approximately 30,000 yuan) to premium electric vehicles (IM Motors L7 at approximately 400,000 yuan).
Who owns SAIC Motor?
SAIC Motor is controlled by the Shanghai Municipal Government through Shanghai Automotive Industry Corporation (Group), which holds approximately 63% of shares. The company is a state-owned enterprise, with the remaining approximately 37% of shares publicly traded on the Shanghai Stock Exchange. The Shanghai Municipal SASAC exercises government oversight through its role in appointing senior leadership and approving major strategic decisions.
MG Motor's sustainability practices are governed by SAIC Motor's corporate policies. SAIC has committed to carbon neutrality targets aligned with Chinese national goals, including peak carbon emissions by 2030 and carbon neutrality by 2060. However, brand-specific sustainability metrics for MG are not independently reported.
The brand does not hold independent certifications such as B Corp or similar third-party sustainability labels, which are not standard in the automotive industry. MG's electric vehicle lineup contributes to SAIC's NEV sales, which reached 796,000 units in the first half of 2026, up 23.1% year-on-year.
SAIC has applied technologies including semi-solid-state batteries and steer-by-wire systems to MG models. The upcoming Spain factory in Ferrol, scheduled to open in 2028, is expected to produce electric vehicles primarily, which would reduce the carbon footprint associated with shipping vehicles from China to Europe.
MG's manufacturing facility in Thailand, a joint venture with Charoen Pokphand established in 2014, has a production capacity of 100,000 units and incorporates sustainable manufacturing processes. Specific environmental metrics for this facility are not publicly disclosed.
SAIC Motor publishes a corporate social responsibility report, but brand-level breakdowns for MG are not included. The company's supply chain practices are subject to Chinese regulatory requirements and international standards in export markets.
MG Motor received the Best Manufacturer award at the 2025 Autocar Awards, recognized for the quality of its product range and the value of its newly introduced models. The MG Cyberster received special recognition at the same awards for its design and originality as an electric roadster.
The MG4 EV retained its Automotive Management award for the second consecutive year in 2025 and was named Best Used EV of the Year by Automotive Management magazine. The MG4 has been recognized as a top choice for first-time EV buyers since its launch in 2022.
The MG HS won Best Fleet Medium SUV at the 2025 Great British Fleet Awards, recognized for low running costs and practical storage options. The MG HS is available in both plug-in hybrid and petrol variants.
The MGS5 EV received a five-star Euro NCAP safety rating in May 2025, prior to its showroom arrival. The rating covered adult and child occupant safety tests, with the vehicle equipped with MG Pilot safety features.
MG was ranked as the 10th best-selling brand in the UK for the second consecutive year. Between 2020 and 2023, MG was one of the fastest-growing brands in the UK and Europe, with Australian sales quadrupling over the same period.
MG Motor has faced several recalls related to software and safety systems in 2025. In February 2025, MG issued a recall for the MG4 XPOWER model related to Lane Keep Assist (LKA) functionality, requiring software updates. In October 2025, a service campaign (SC077) was issued for the MG4 SE Long Range MY23 model for the same LKA issue, taking approximately 1.5 hours to complete at dealer service centers.
In August 2025, MG recalled the MG ZS EV for charging system components, specifically addressing issues with charging flaps and wires. In June 2025, MG identified a safety software fault in the MGS5 EV that could cause emergency stop issues and reversing problems, requiring software updates.
The most significant controversy facing MG is the EU anti-subsidy tariff regime. In October 2024, the EU imposed additional duties of 35.3% on SAIC-built EVs, the highest rate among Chinese automakers. This brought the total tariff on MG electric vehicles to 45.3% (10% standard duty plus 35.3% anti-subsidy duty). SAIC received the highest rate because the EU determined the company did not fully cooperate with the investigation. By comparison, BYD faces 27% total duties and Tesla faces 17.8% for its Chinese imports.
The tariff decision directly threatens MG's price competitiveness in Europe. MG's hybrid models, which are subject only to the standard 10% tariff, grew 300% in Europe in 2025 to 137,000 units, illustrating how the brand has shifted its product mix to partially offset BEV tariff exposure. The June 2026 announcement of the Spain factory in Ferrol was a direct response to these tariffs.
In the United States, the 100% Section 301 tariff on Chinese-built EVs (increased from 25% in September 2024) effectively prevents MG from entering the US market. MG has not announced plans to sell vehicles in the United States.
MG has also faced brand perception challenges in some markets as a Chinese-owned brand using British heritage. The brand's marketing emphasizes its Oxford origins while manufacturing is concentrated in China. This has led to criticism from some automotive commentators who argue the brand's British identity is primarily a marketing tool.
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| Brand | Parent Company | Country | Founded | Market Position | Primary Market | Gender Target |
|---|---|---|---|---|---|---|
| Chery Automobile | China | 2023 | Mass market | Global | All Genders | |
| Great Wall Motors | China | 1984 | Mass market | Global | All Genders | |
| Bmw Group | Germany | 1916 | Premium | Global | All-ages | |
| Volkswagen Group | Spain | 2018 | Premium | Europe | All Genders | |
| Byd | China | 2010 | Premium | Asia pacific | All Genders | |
| Stellantis | USA | 1900 | Premium | United states | All-ages |
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