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China’s SAIC to Make MG Cars at First European Factory in Spain

China’s SAIC to Make MG Cars at First European Factory in Spain
Bloomberg Markets Monday 01 June 2026, 16:52 UTC By William Wilkes 1 min read
Key Points

Members of the media look at the MG Hector sports utility vehicle (SUV) on display during the vehicle's launch at the Morris Garages flagship showroom in Gurugram, Haryana, India, on Thursday, June 27, 2019. The launch of the Hector from the iconic brand MG, now owned by Chinese giant SAIC Motor Corp., marks the first Chinese entrant in a notoriously difficult market where the likes of General Motors Co. and Ford Motor Co. have struggled.

Members of the media look at the MG Hector sports utility vehicle (SUV) on display during the vehicle's launch at the Morris Garages flagship showroom in Gurugram, Haryana, India, on Thursday, June 27, 2019. The launch of the Hector from the iconic brand MG, now owned by Chinese giant SAIC Motor Corp., marks the first Chinese entrant in a notoriously difficult market where the likes of General Motors Co. and Ford Motor Co. have struggled.
China (LOCATION) SAIC (ORG) First European Factory (ORG) Spain (LOCATION) Morris Garages (ORG) Gurugram (ORG) Haryana (LOCATION) India (LOCATION) Hector (PERSON) MG (ORG) Chinese (ORG) SAIC Motor Corp. (ORG) General Motors Co. (ORG) Ford Motor Co. (ORG)
Originally published by Bloomberg Markets Read original →

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