Summary
Longbridge will remain at the heart of MG Cars' global strategy as its Chinese owner revealed that as much as 50 per cent of the company may be sold to help fund expansion.
Zhang Xin, general manager of Nanjing Automobile Corporation's (NAC) MG division, said more engines and cars would be developed in Birmingham and the new versions of the MG-TF sports car and Rover 75 saloon would succeed because they were still good cars.See the full content of this document
Extract
Longbridge Will Stay at Heart of Mg Strategy
And NAC would succeed where BMW and MG Rover failed because it was no longer encumbered by "high cost ...
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