MG is an English automotive marque, with its initials originating from ‘Morris Garages’ in the 1920s. Although, debates remains over exactly when the MG Car Company was born, we do know that business manager, Cecil Kimber, who ran W R Morris’s retail sales and service business in Longwall Street, Oxford, started selling cars with both Morris and MG badges as early as 1923 and the octagon badge was officially registered as a trademark on May, 1 1924.
Until 1935, the MG Car Company was privately owned by Sir William Morris (also known as Lord Nuffield from 1934 to 1938) a British car enthusiast and philanthropist, until he sold MG to his holding company, Morris Motors Limited and issued shares in Morris Motors to the general public in 1936.
In 1952, MG merged Morris with Austin in The British Motor Corporation Limited in 1952 and then MG went on to evolve into the ‘MG Division of BMC’ in 1967 and thus became part of a 1968 merger that gave rise to the British Leyland Motor Corporation.
After British Leyland became the ‘Rover Group’ in 1986, the MG marque passed to British Aerospace in 1988 and then in 1994 to BMW.
BMW planned to use it as a mass car production business but it sold it off in 2000 to a group of businessmen called Phoenix Consortium, for a nominal £10, due to a continuing decline in profits and demand.
After failing to make a profit, MG Rover, as it was now known, went into administration in 2005 and subsequently resulted in the loss of around 6500 UK jobs.
It was brought out of administration later in the same year, by Nanjing Automobile who acquired the Longbridge plant and the MG marque for £53million. The first MG vehicles to be built in China, were unveiled in March 2007 and they were the MG TF, MG 3 and MG 7.
Nanjing Auto merged with SAIC Motor (the largest vehicle manufacturer in China) - who are based in Shanghai - in 2007. Since 2007, three MG Motor models have been launched and part-built in the UK.
In September 2016, MG Motor UK’s head of sales and marketing, Matthew Cheyne, said that there would be a ‘move to an all-China production hub’ in order to ‘help the motor brand grow’. He went on to explain that off-shoring the entire car manufacturing process was an essential next step.
Cheyne said: “In addition, improving production scale efficiencies will support ongoing sales growth in the UK market – a key priority.”
The automotive manufacturer sold 2,300 vehicles in the UK by the end of September 2016 which represented an uplift in sales of 350 units year-on-year. Much of the growth is due to the release of the GS compact SUV, which had an extensive advertising campaign.
September’s news delivers a blow to MG fans across the UK as it signals the end of a journey and one of the nation's best recognised auto brands will soon no longer be built in Britain.
Sell My MG to Sell Your Jamjar
At Sell Your Jamjar, we will buy any MG, regardless of the make, model, mileage, age or condition.
If you feel it is time for a change, or your MG is coming towards the end of it slife and would like to sell it, then you have come to the right place.
Simply enter your car’s registration details, provide us with some information about the car, including vehicle ownership details and we will provide you with a valuation. We will also collect your car for FREE from anywhere in the UK.
Sell Your MG to Sell Your Jamjar today.