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e_Marketing Blog |
Linknet-Columns.com features articles and weekly syndicated columns in specific areas of interest such as Marketing, Travel, Health, Business Opportunities, Product Features, Golf. Advertise with Linknet. Get links and create a powerful online presence. MG and Austin to be revived by Chinese auto companyMar 13, 2006 Linknet Product News Mar 13, 2006 - Linknet Product News The famous MG and Austin brands that were familiar to generations of British car enthusiasts, are about the be revived by Nanjing Automobile Corporation, located in Nanjing, Jiangsu Province, China. The company purchased the assets of MG Rover last July for 50 million pounds. Those assets included assembly lines, R & D equipment, and several brands of cars. The project was approved by the Chinese government, so it is expected to go ahead and be in production by early 2007. The first model Nanjing Auto expects to produce will be the MG75. The company expects to produce 200,000 cars, 250,000 engines and 100,000 gearboxes annually. Another Chinese company, the Shanghai Automobile Industry Corp also recently purchased the property rights for the Rover 75, Rover 25, and related engines. So it looks like these venerable British marques may be revived after years of languishing in bankruptcy limbo. Rick Hendershot publishes Linknet News | Online Traffic Schools - Traffic School that is actually FUN! | Cheap mobile phone deal - Mobile Phone Insider's Guide.
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