MG is preparing an array of new models to conquer Europe

Posted on Thursday, 2 June 2011 , 05:06:40 byLucia

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MG is preparing an array of new models to conquer Europe

Aiming to boost sales outside its home market in China, the owner of MG Motors, which is SAIC Motor Corporation, is seriously considering the development of new models and has already spent ?1 billion to make a re-launch of the Roewe and MG brands. However, the investments do not end here as another ?2.2 billion are going to be spent in order to achieve annual sales of 700,000 by 2015. The two brands successfully sold 160,397 cars in 2010 and most of them were delivered in China and the other markets received only 2,000 units. The new mid-size MG6 was launched in the UK this past April, by MG and boasts to be the first new car assembled at the British firm's Longbridge plant in 16 years, while the company announced that once a diesel version is completed, the rest of the Europe will also get the car. William Wong, UK managing director, told Autonews that they would not go to mainland Europe without a diesel, as the five-door MG6 is available with a 1.8-liter turbocharged gasoline engine with a starting price of ?15,500. A range of six new models are being engineered in order to follow the MG6, more exactly the MG3, MG5, MG7, which represents an SUV-style crossover that replaces the TF roadster together with a small electric car. While the TF roadster is expected to get a replacement in 2016 in the UK, a small EV based on the Roewe E1 concept is also scheduled for launch. Planned to go on sale at the end of 2012, the MG3 has already been launched in China, being a small hatchback, while the MG5, a compact model which will arrive in Europe in 2013, was designed to be a strong competitor in the C-segment against the Opel Astra and Volkswagen Golf.
The MG7 large sedan is considered to share GM's Epsilon 2 platform with the Opel/Vauxhall Insignia as part of a partnership between SAIC and GM in China. Another piece of information reveals MG's plans of unveiling a new rival of the Nissan Qashqai, embodied by a small crossover model.