MEXICO CITY (Reuters) – MG Motor plans to build a manufacturing plant and a research and development center in Mexico, the carmaker said on Wednesday.
The move will allow MG – a formerly British brand now owned by China’s SAIC Motor Corp – “to not only produce vehicles, but to also produce market intelligence specifically designed for and by Latin America,” country head Zhang Wei said in a statement.
(Reporting by Kylie Madry; Editing by Sonali Paul)
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Publish date : 2024-08-07 16:53:00
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