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Well,
Following in the footsteps of Qianjiang's acquisition of Benelli, Nanjing automobile has bought out venerable British Automotive company MG and plans to be producing convertible sportscars under that name in China.

Nanjing Auto bought all of the tangible assets from the MG plant, together with the rights to some of the most famous British automotive brands, including MG, Morris, Austin and Austin- Healey. More can be found here:

Chinh's News From China
 
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