Remember the Roewe 550? Pretty nice-looking ride, especially for a Chinese car, considering some of the freakishly awful stuff that comes out of the country. SAIC apparently realizes that in terms of name recognition, MG > Roewe. Case in point: the introduction of the 550 and 750 sedans in Chile, where both cars are now being sold under the MG moniker by importer SK Bergé. The two four-doors will reportedly be joined by the TF roadster in November, but despite the traditionally British nameplate adorning their respective bonnets, all three are made in China. You know, like everything else. You can see a gallery of the brand's launch event in Santiago here. Thanks for the tip, Potts.
Following all the plot twists in the ongoing saga of what's become of MG Rover in recent years is more difficult than unravelling the Harry Potter series in a half hour. Looking like something distinctly last century, the MG XPower SV started life as a derivate of the Qvale Mangusta. Ex-racer William Riley, a member of the famed English automotive clan, managed to wheel and deal for the rights to the MG X-Power name, as well as the flared and gilled V8-powered supercar intender.
What better thing to do with a kevlar-bodied piece of automotive bombast but cut the top off? That's exactly the thinking that's led to the prototype MG X-Power SV-S WRC. WRC stands for William Riley Convertible, and the car sports a supercharged V8 and is claimed to be capable of hitting 62 mph in 3.8 seconds on its way to a top speed of 195 mph. It will cost Anglophiles £87,000 to support their local supercar bakery, though there will be lower achievers that cost less but still deliver the same jagged-glass eye pain. Still, considering that this mobile cheese grater is about half the cost when powered by a 3.5 liter Ford V6, it's a bargain for such an exclusive car. Thanks for the tip, pottz!
Last month China's Sichuan province was devastated by a massive earthquake that killed as many as 70,000 people. If you've wanted to donate to help the survivors but were waiting for just the right opportunity, this could be it.
Our friends over at China Car Times are holding several auctions with the proceeds going to the British Red Cross. Three of the auctions require a little travel for us Americans, but just might be worth a special trip. One is a private tour of the London Taxi factory with a chance to drive one of the iconic cars and some special merchandise from the factory. The second is for the chance to be one of the first people to tour MG's Longbridge factory in Birmingham, England, since taken over by Shanghai Automotive. Not only that, but the top bidder will get to drive the new MG TF LE500. The third auction is your chance to try out the latest vehicles from Lotus right there on its test track in Hethel Norwich, England.
Can't leave the country? Line up behind a couple of Autoblog staffers to bid on the 1:18 scale models of the Lifan 520. These are usually only given to VIP visitors to the Lifan factory and are produced in exacting detail. They're gonna look good in my collection.
The final auction should appeal to anyone with an international business hoping to break into the Chinese market. China Car Times will give to the winning bidder one month of advertising on its Web site, which is a great opportunity to see what your business could do over there.
There's a new MG TF on its way to replace the current TF, which is once again rolling out the doors at its Longbridge, UK ancestral home. The new TF will be available as a roadster, natch, and as a coupe, and based on the Roewe 550. AutoExpress has worked up some renderings based on insider information about the new rear-drive MG, and the car amounts to a smorgasbord of cues from a variety of unfortunately styled vehicles. There's a lot of X80 concept, a dash of the crosseyed Qvale Mangusta, and a peppering or two of the MG SV, too. The end result looks like something Noddy assembled in a candlelit workshop, but then again, so does the existing MG TF.
The underlying platform for the new TF is one of the last vestiges of MG Rover, and would have been used for the MG ZS/Rover 45 replacement. Ricardo also played a role in the development of the chassis, which will have a turbocharged 1.8-liter four and a 2.5-liter V6 as power options. Still, more coupes in the MX5's sandbox can't be a bad thing, so we wish the new MG TF well, and hope that it comes to the United States for a proper taunting.
MG's former Longbridge, UK headquarters has been pretty quiet since production ceased in 2005. Newly-merged owners SAIC and Nanjing want the clatter of carbuilding to once again echo through the plant and plan to base their European and overseas operations there. The plant itself has the capability to build up to three different models; the challenge is deciding which of the former rival's products to build there. MG TF roadsters will likely lead the charge, with cars due at retail locations by March 1st. MG Rover holdovers could return to their roots if SAIC/Nanjing decide to build the MG 3 and MG 7, while the newly deisgned Roewe W2, pictured above, looks like a solid possibility, as well. In addition to manufacturing, R&D and sales efforts will also be strengthened. From the sound of things, it won't be long before Longbridge is once again turning out cars (some of the same cars, even) at a healthy clip.
Posted Dec 27th 2007 12:57PM by John Neff Filed under: China, UK
The twisted saga of MG's resurrection from the ashes at the hands of Chinese automakers has come full circle. Last year both SAIC Motor Corp. and Nanjing Automobile Corp. fought tooth and nail for the right to build MGs in England, and Nanjing, the smaller of the two automakers by far, won. Since then the Chinese automaker has been trying to begin production of a new MG roadster at the company's plant in Longbridge, England. SAIC, meanwhile, accepted the defeat and instead purchased some MG production equipment and began building Rover sedans in China under the Roewe name (Ford had cleverly exercised its option to purchase the Rover name from BMW, which meant that SAIC had to name its Rover sedans something else).
SAIC has gotten the last laugh, however, with its recent purchase of Nanjing. Nanjing bought Rover for an estimated $100 million back in 2005, while SAIC reportedly has agreed to pay around $1.9 billion for Nanjing.This means that everything SAIC lost out on in the bidding war over MG it has gained by acquiring Nanjing. Most importantly, this includes the Longbridge production facility. SAIC already has an R&D center in Britain, which it will consolidate with the Longbridge facility and use to begin production of vehicles in Europe. The automaker claims production of the MG roadster, as well as other MG models, will begin soon, though SAIC can also use those facilities for development and production of new vehicles for the European market sold under its own name. Why is MG so darn important to these Chinese automakers? As an established European brand with some street cred, MG is a small company that offers the Chinese an easy way into the lucrative European market. Perhaps instead of Rovers, we'll soon see Roewe sedans on the streets of London.
Industry analysts widely agree that one of the principal factors preventing Chinese automakers from succeeding outside of China is the local industry's fragmentation, with over 100 automakers vying for their slice of the proverbial pie. However, a merger announced Wednesday between two major Chinese automakers, Shanghai Automotive Industrial Corp (SAIC) and Nanjing Automotive Group, stands a stronger chance of succeeding in the international car market as a larger group.
The merger, which has been long anticipated, involves SAIC paying $285.7 million for Nanjing. In return, Nanjing's parent company acquires 4.9 percent of SAIC Motor Corp.
The products of SAIC's joint ventures with GM and Volkswagen Group account for 14% of the domestic market in China, selling 1.25 million vehicles in the first ten months of 2007. Nanjing, meanwhile, sold less than 80,000 over the same period, making the acquisition a merger in the same sense as Mercedes had "merged" with Chrysler. Nanjing, however, owns MG Rover, whose plants in England SAIC hopes to use as a foothold into the European market.
In a letter to the FCC, Ralph Nader, the world's most visible consumer advocate, has requested an investigation into the advertising practices of General Motors with regard to several radio personalities.
Nader contests that this type of promotion may be against FCC laws requiring disclosure of payments for endorsements. Some choice quotes from Limbaugh include, "GM has a ton of momentum," and, "GM cars and trucks have never been better."
Whether or not an investigation will take place is up to the FCC, but General Motors made it clear in a statement that everything they've done with broadcasters is above board and meets with the FCC's regulations.
You can read Ralph Nader's letter in full by following the jump.
Instead of beating each other's brains out and assuring that nobody wins, SAIC and Nanjing have decided to stand close to each other on the playground. While they may still avoid eye contact and kick pebbles instead of developing a friendship, they will be carrying out what they're terming a "comprehensive collaboration." Design, production and sales efforts will be pooled in an effort to make China's automakers competitive with outsiders like General Motors and Volkswagen, who currently dominate China's vehicle market. The weekend announcement of the effort was mum on a merger, but did mention an asset swap as the two state-controlled businesses go forward splitting resources. At the very least, it seems like the cooperative effort will quell the bickering over the carved up carcass of Rover Cars.
It appears that despite the incredulous whining and snarky commentary about Britain's MG being purchased by Nanjing and renamed Modern Gentleman, the Jiangsu, China based automaker has the best interests of MG in mind. They've been exceptionally careful stewards so far, quickly ramping up production in a huge, modern facility in China so that MGs could once again roll off the assembly line for the 60th anniversary of the brand. The familial MG homestead in Longbridge, UK has been reinvigorated as the UK and European headquarters for NAC MG. Cars will once again be manufactured in Longbridge, and the location will also play a role in R&D, engineering, workforce recruiting and of course, sales. Not only has the move garnered goodwill for the Chinese parent company, it shows that they're committed to MG and have a long term plan in mind.