It's where the wind comes sweepin' down the plain. It's where the corn is as high as an elephant's eye. And now it's where the first Chinese owned auto factory will be opened in the United States. Ooooooklahoma!
Today Nanjing Automobile Group will announce that the company will build the MG TF Coupe at a factory in Ardmore, Oklahoma by 2008 and locate its American and European headquarters 90 miles north in Oklahoma City. The new plant will create 500 new jobs for the area. The MG TF Roadster, meanwhile, will be assembled at MG's plant in Longbridge, England.
This will make Nanjing the first Chinese automaker to truly enter the U.S. market, though the fact it will be offering a revered nameplate sets it apart from other Chinese automakers intent on arriving in the U.S., like Geely and Chery, both of which plan to offer freshmen marques.
(Thanks Speed42 and Peter for the tip!)
[Source and photo: New York Times]