MG power plants to be built in Nanjing
(Shanghai Daily)
Updated: 2006-09-28 14:08
Nanjing Automobile Corp, the Chinese owner of the failed British carmaker MG
Rover, said it will begin producing MG engines this month, a step toward
reintroducing the oldest English car brand on the world market.
The company plans to manufacture 1.8-liter, 1.8-liter turbo and 2.5-liter V6
engines on MG assembly lines this month, according to a statement yesterday.
The assembly lines were dismantled and shipped from Britain to the Chinese
company's Jianglin plant in Nanjing after it outbid Shanghai Automotive
Industrial Corp to take over MG's production facilities for 53 million pounds
(US$100 million) last July.
"The move represents crucial progress for our car projects, and the power
train systems are the most valuable assets," said Sun Honggen, general manager
of Nanjing Auto MG Power Train Co Ltd.
The power train program is part of the global revival plan for the British
car brand. It follows a new vehicle plant in Oklahoma City in the United States
in addition to resumed production at the old MG Longbridge assembly plant near
Birmingham, England.
Nanjing Auto aims to produce 50,000 engines annually in another new plant in
its home city starting next year. (For more biz stories, please visit Industry Updates)
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