China-made MG cars to go on sale next month

Newswire

SHANGHAI, Aug 24 (Reuters) - Iconic MG brand cars will go on sale in China next month, priced between about $23,000 and $40,000, as its new Chinese owner moves to revive the failed British brand. Nanjing Automobile (Group), which took control of the major assets of MG Rover in 2005, said its Nanjing MG Automotive unit will officially launch the MG 7 series through its nearly 50 dealers nationwide in September. But the company already received 3,200 orders during a July road show in ...

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