MG Rover reborn in China

March 27, 2007

China's Nanjing Automobile Group has unveiled the first locally-made version of the iconic British MG car. The company took over MG Rover after it collapsed because of heavy debts in 2005. Now it's rolled out the first batch of MG's made in China - two mid-range MG7 series saloons and an MG TF sports car. Armed with the iconic reputation of the MG brand, Nanjing hopes to sell 200,000 vehicles over the next five years.Andrew Potter reports for Reuters.FEATURED SPEAKER: Zhang Xin, MG General Manager