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China's Nanjing to build MG cars in Oklahoma (Reuters)

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pinto Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-12-06 04:19 PM
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China's Nanjing to build MG cars in Oklahoma (Reuters)
By Poornima Gupta

DETROIT (Reuters) - China's Nanjing Automobile Group, which took control of Britain's collapsed MG Rover last year, on Wednesday said it would build MG-brand cars in Oklahoma, making it the first Chinese automaker to assemble vehicles in the United States.

The company, joining a wave of Chinese automakers looking to sell cars in the United States, said it plans to assemble vehicles at three locations: an all-new plant in Nanjing, China; the now-closed Longbridge assembly plant near Birmingham, England; and at a U.S. assembly plant to be built in Ardmore, Oklahoma.

<snip>

Nanjing plans to locate its headquarters for MG sales, marketing and distribution in Oklahoma City, 90 miles north of Ardmore, while research and development would be done in Norman, near Oklahoma City, at the University of Oklahoma, it said.

Nanjing is one of several Chinese car makers, including Geely Automobile Holdings Ltd. (0175.HK: Quote, Profile, Research) and Chery Automotive Co., hoping to crack the global car market amid a slowdown in demand at home.

<more>

http://today.reuters.com/business/newsarticle.aspx?type=ousiv&storyID=2006-07-12T204212Z_01_N12343884_RTRIDST_0_BUSINESSPRO-AUTOS-NANJING-DC.XML
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Deja Q Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-12-06 04:23 PM
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1. This is way-cool.
Let's hope it turns out for the best, but it's nice to see the US isn't being abandoned.

At least by some on this world.

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thereismore Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-12-06 04:50 PM
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2. Cheap labor in the US? Whatever. nt
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aquart Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-12-06 09:33 PM
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3. How is it possible not to feel embarrassed and ashamed?
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