Commercial Property News

New £5million MG Motor Design facility opened at Longbridge

 A new £5 million UK vehicle design and development centre was opened yesterday  at  the MG Motor UK facility on the remaining portion of what was once the sprawling MG Rover  complex at Longbridge on the outskirts of Birmingham, to be responible for global design and development for the brand.

MG Motor UK is a subsidiary of Shanghai Automotive Industry Corporation (SAIC), China's largest automotive business, which owns the MG brand.

SAIC Motor European Engineering Technical Centre, to give it its full title, grew out of Leamington Spa-based Ricardo 2010 Consultants, formed to keep the considerable development and engineering expertise at MG Rover intact after the automaker went bust early in 2005. It played a key role establishing K-series engine production (both I4 and V6) at Nanjing, using tooling shipped from the UK, and getting the Roewe 750 evolution of the Rover 75 into production as well as the TF roadster, essentially a mid-90s design for which a replacement does not appear on the cards for now.

Of the 300 staff at the two facilities, there are 30 designers working on MG models as well as the Roewe brand, which is built in China.

"These two centres of excellence sit at the heart of the MG Birmingham plant where a new family of MG models are currently being designed and engineered," a spokesman said.

"The designing of new cars and the engineering and technical aspects of the cars is all happening here in the UK."

"It's a very significant day. SAIC could have gone anywhere in the world for this but they chose Birmingham and Longbridge. It's an important endorsement."

"The MG6 fastback will be built here later in 2010 and it will be followed by a saloon version next year. They will be both be sold here and in China."

Wed, 16th Jun 2010

Return to Previous Page

Latest Commercial Property News
Date Headline
Page: 1 2 3 4 5 6 7 8 9 10 11 Next
Fri, 10th Feb 2012 Shaftesbury report strong business from London West End over the last quarter
Fri, 10th Feb 2012 Local Shopping REIT says tenant demand is holding up well
Thu, 9th Feb 2012 British Land Q3 results show the gathering downturn and cast a shadow on it's ambitious development programme
Wed, 8th Feb 2012 Grainger becomes a net housing seller as debt reduction becomes a priority
Tue, 7th Feb 2012 1 in 7 Shops on UK High Streets are empty as footfall declines in traditional shopping locations
Tue, 7th Feb 2012 Bellway margins to top 10% as housebuilders maximise return from limited volumes.
Tue, 7th Feb 2012 St Modwen report an impressive 2011 with 34% increase in profits.
Mon, 6th Feb 2012 New £150 million shopping development planned to make Shrewsbury a shopping destination
Fri, 3rd Feb 2012 Fullers buy 15 Enterprise pubs for £22.9 million
Thu, 2nd Feb 2012 Great Portland Estates continue H1 progress in Q3
Tue, 31st Jan 2012 Ashley House and Care Capital testify to slow NHS primary care market.
Thu, 26th Jan 2012 M&B LFL sales improve in Q1 amid boardroom disarray.
Thu, 26th Jan 2012 Patrick Vaughan reveals increased London & Stamford dividend and forsees significant opportunities in 2012
Tue, 24th Jan 2012 2011 commercial investment property transactions were down 6.5% on the previous year
Tue, 24th Jan 2012 Bonmarche may be lucky as other Q1 retail failures struggle to attract buyers
Tue, 24th Jan 2012 Land Secuities Salway judges time to move on has arrived, as Q3 results meet expectations
Thu, 19th Jan 2012 William Hill produce solid Q4 result with the retail estate earning its corn
Wed, 18th Jan 2012 JD Wetherspoon report continued robust trading in Q2
Wed, 18th Jan 2012 Canary Wharf buyout lame duck partners to press ahead with Wood Wharf development
Tue, 17th Jan 2012 Greene King report strong Christmas trading in a robust Q3 performance