By Editor SAIC Motor, a Shanghai-based Chinese state-owned automaker, is the owner of the British automaker MG Motor. It makes use of the British MG brand, which was established in Oxford, UK, in 1924. At the moment, SAIC’s passenger car business houses MG as a division. It provides passenger and commercial vehicles, as well as chassis, power drive, and interior and exterior trim systems, as well as new energy and smart vehicle systems and components like electronic controls, batteries, and electric drives. SAIC Motor (2007–present) and Nanjing Automobile (2005–2007) are the parent businesses.
MG Motor – Quick Overview
| Details | Info |
| Origin Country | United Kingdom (brand origin) |
| Founded | 1924 |
| Founder | Cecil Kimber (original founding of MG brand) |
| Headquarters | Birmingham, United Kingdom |
| MD/CEO | Rajeev Chaba (Managing Director) |
| Hubs | Global operations with manufacturing and sales hubs in UK, China, India, Thailand, and other markets |
| Subsidiary | MG Motor India, MG Motor Thailand (regional subsidiaries) |
| Owner | SAIC Motor Corporation (majority owner) |
| Net Worth (Approx.) | ~$10–15 billion brand/market valuation (approximate) |
| Official Website | https://www.mgmotor.co.uk/ |
Net Worth and Market Cap
As of February 13, 2026, SAIC Motor Corporation’s market capitalization, or net worth, is 163.6 billion. In just one year, its market capitalization has dropped by 14.76%. The company is worth 104.39 billion.
Corporate Leadership
Cecil Kimber founded MG in Oxford, UK, in 1924. Burnley’s Gordon Mallett is the general manager of the brand.
Overview of Services
Redesigned MG Rover automobiles, including the MG TF, the first-generation MG3, and the first-generation MG7, were among the first MG Motor products. In 2011, MG Motor started producing new cars, first the MG6 and later the second-generation MG3. Along with cars made specifically for the MG name, MG Motor also sells rebadged cars from parent company SAIC Motor, such as Roewe and Maxus.
Since 2019, MG Motor has been manufacturing automobiles in India, sourcing part of its products from corporate brother SAIC-GM-Wuling. Products like the MG Comet EV and MG Hector are only available in India. Additionally, the brand sold commercial vehicles only in Thailand, including the Maxus-sourced MG V80 and MG Extender.
Scale of Operations
Research and development, manufacturing, and sales of automobiles and their components are the activities of SAIC Motor Corporation Limited both domestically and abroad. SAIC is responsible for designing and developing MG automobiles, while the majority of the manufacturing is done at SAIC’s facilities in China. Furthermore, SAIC manufactures MG automobiles for regional markets in India, Taiwan, Thailand, and Indonesia. From 2007 to 2016, the brand briefly assembled cars at the Longbridge plant in the UK before switching back to sourcing cars directly from China.