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SAIC plans MG crossover output, sales in India
Automotive News China | 2018/9/4

SAIC Motor Corp. plans to launch production and sales of the first vehicle under the MG brand in India. 

The vehicle, a crossover scheduled for 2019, will be assembled at a plant in Halol city in the western Indian state of Gujarat, according to information SAIC disclosed in its interim financial report for 2018.

SAIC purchased the Halol plant, which has annual production capacity of 110,000 vehicles, from General Motors after the latter idled it in 2017. 

Renovation of the Halol plant is progressing ¡°in an orderly manner¡±, and an industrial park for the factory¡¯s suppliers is ¡°under intense construction¡±, SAIC said in the report. 

SAIC didn¡¯t disclose additional details about the MG crossover or the Halol plant.

State-owned Chinese automaker Nanjing Automobile Group Co. acquired the MG brand from bankrupt U.K. automaker MG Rover in 2005. And in 2007, Nanjing Auto was acquired by SAIC.

In China, SAIC assembles MG and Roewe-brand vehicles in Shanghai, Nanjing and Zhengzhou. It also builds right-hand-drive MG models in Thailand along with local business Charoen Pokphand Group.

In the first half of this year, SAIC delivered roughly 359,000 vehicles under the Roewe and MG brands in China, a surge of 54 percent from the same period last year, SAIC said in the report, without disclosing separate sales results for MG.

In the same period, SAIC¡¯s joint venture in Thailand sold about 12,000 MG cars, more than double the tally a year earlier, according to the report.

SAIC, a major state-owned Chinese automaker, also operates light-vehicle joint ventures with General Motors and the Volkswagen Group in China.

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