MG is one step closer to being home. MG has set pricing for “Limited Edition” TF at £16,399. The two-seat convertible will start production at the Longbridge plant in England, and the first cars should be available Europe by September.
While the car is somewhat of an update from the version sold from 2002 to 2005, the new TF (known as the LE500) signifies a return to the U.K. of one of their most celebrated brands – sort of. In 2005, a Chinese firm, which is now Shanghai Automotive Industry Corporation (SAIC), purchased the remains of the MG Rover Group and shut the doors of the historic Longbridge manufacturing plant. Last year, updated versions of MG cars began coming off the assembly line at a new facility in China. Since then, SAIC has been developing a plan to return manufacturing to the U.K., but results have been slow.
The new pricing and delivery dates, solidifies that after an almost three-year idle and some demolition, MG will come home to Longbridge — even if it is a shadow of its former self.
MG Is Back This Fall Picture Gallery
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MG announced prices for the TF LE500: 16,399 pounds (20,700 euros). Sales will begin in September. The price of the two-seater sports car will include a body-colored hardtop, air conditioning and parking sensors.
MG will also introduce an entry-level TF that will substantially undercut the Mazda’s price.
The new MG TF will make its debut around 2010 and will replace the TF – production of which is back on track at MG Rover’s old home of Longbridge in the West Midlands. Based on the current Roewe 550 compact hatch, which made its debut at the Beijing Motor Show, the future TF will be available in both coupe and convertible version.
The new TF takes some of its styling inspiration from the MG SV supercar and X80 concept. Those models were both based on the Mangusta – a sports car from Italian maker Qvale, which MG Rover bought in 2001.
The 2010 TF will be based on a rear-wheel-drive platform developed in conjunction with British engineering expert Ricardo and will be powered by MG Rover-based engines – including a 1.8-litre turbo and 2.5-litre V6.
It is going to come as something of a shock to Fortune Magazine’s senior editor, Alex Taylor III, who wrote that “[i] the
Tata deal [to buy
Jaguar and Land Rover from Ford] goes through, it turns the entire auto industry into a global bazaar.”
Mr. Taylor lives in a sheltered environment, working for Time Warner and writing for Fortune. He’s apparently missed the globalization of the auto industry, such as General Motors’ announcement last week that it had sold one (..
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Nanjing Auto bought the rights to the MG name, and the company, in 2005. Since then, they have invested $362 million in a new plant and in equipment in Nanjing, China.
Next month, Nanjing will introduce the result of these efforts, the MG-7, in China. The car is a 1.8 liter turbocharged base car starting at $22,578, and a 2.5 liter V-6 version starting at $39,842 in China. To this point, plans for export, if any, have not been announced.
The company will also produce the MG (...)
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It is said that a “Chinese Curse” is getting what you wish for.
Forbes Magazine is reporting on its website that the Chinese owner of the bankrupt British MB Rover company will be bringing back the Austin-Healey brand. The company is Nanjing Automobile Corporation. According to the report, it has reached agreement with Healy Automobile Consultants, Ltd., and HFI Automotive, Ltd., which own the actual brand names, to bring to production a new line of Healy and Austin-Healey sports cars. (...)
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According to Blackpool Gazette, Riley sports cars could once again be built – this time in Blackpool. Riley said that he would bring back the Riley name, which died in 1969, but the new cars will be based on the former MGs, specifically the MG SV coupe.
He is confident of securing a deal with receivers PriceWaterhouseCoopers to buy the MG Sports & Racing brand within weeks. The main MG brand itself was bought by Nanjing Automotive.
Riley hopes to close the deal in the next seven to (...)
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The MG ZT is a high-performance version of the Rover 75 executive car, produced by MG at their Longbridge site in Birmingham. They also manufactured estate versions of the vehicle, referred to as the MG ZT-T. Styling is similar to the 75, although uprated springs and chassis modifications make for a far firmer ride. Production of the cars ceased in 2005 amidst financial turmoil at MG Rover.
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MG Xpower Sv-r was presented by MG Sport & Racing at 2004 Geneva Motor Show.
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The MG ZR is a compact automobile first introduced in 2001 by the MG Rover Group. It is specifically a hot hatch, a badge-engineered Rover 25, with a number of useful suspension modifications and design features to appeal to younger drivers. From 2003 a van version, called the MG Express was also offered.
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