MG, the legacy British brand owned by China’s SAIC Motor Corp. since 2009, sold more than 100,000 vehicles in Europe last year and says it currently has more than 800 distribution points at local car dealers across Europe and the UK.
Europe has seen its fair share of new entrants trying to win over buyers. The successful ones, like Toyota and Hyundai, only slowly crept higher in the ranks and never posed a real threat to Volkswagen’s dominance.
Tesla’s success
Now, the…
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