MG Rover to vroom from China

17. Apr 2007 00:37, sonu42

MANAGEMENT GURU
Nanjing Automobile Corporation (NAC), which acquired MG Rover Group (Britain) and Power Train (MG’s engine making unit) in 2005, will roll out MG Rover’s popular MG7 and MG TF sports car in July 2007 under NAC-MG brand. NAC, a state-owned enterprise, will be reintroducing MG Rover in China and Europe which was a popular sports car in the UK during 1960s. In order to cut down costs, production facilities and equipments have been transferred from the UK to Nanjing which has a capacity of 200,000 cars & 250,000 units of engines. In 2008, another production facility in Oklahoma is on the cards in order to capture the American market.

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Source : IIPM Editorial, 2007

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