Britain's Most Iconic Car Brand Was Dead. China Spent £67 Million And Changed Everything

Britain's Most Iconic Car Brand Was Dead. China Spent £67 Million And Changed Everything In 1924, a mechanic named Cecil Kimber built a car nobody asked for — and everybody wanted. MG became Britain's most beloved sports car brand, a symbol of freedom, speed, and British identity. Then it died. The factory closed. The workers went home. And most people assumed that was the end. In 2007, a Chinese company called SAIC Motor paid £67 million for the remains. Nobody took it seriously. They should have. Today, MG outsells Ford in Britain, beat Toyota in Spain, and reached 300,000 annual sales across Europe for the first time in history — a 30% increase in a single year. In Australia, it dominates the compact car segment. In Brazil, it just launched three electric models simultaneously. And the company behind it all — SAIC Motor — ranks 125th on the Fortune Global 500 with over $91 billion in annual revenue. This is the story of a British icon that was declared dead, bought by China, and turned into one of the fastest-growing automotive brands on the planet. 🔔 Subscribe for more stories from the global automotive industry that most people only understand when it's too late. 0:00 The Brand That Was Supposed To Be Dead 03:45 The Company Nobody Noticed 07:10 The Numbers That Changed Everything 11:20 What Is Actually In These Cars 14:05 What Volkswagen, Toyota And Ford Are Facing #MGMotor #ChineseEV #ElectricCars #AutomotiveHistory #SAIC