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Companies

SAIC pushes into emerging markets with MG brand

Chinese carmaker targets Thai and Indian drivers with affordability and features

China's SAIC Motor hopes its British MG brand can follow up recent gains in Thailand with success in India's growing car market.   © Reuters

BANGKOK -- A British car brand that was once synonymous with open-topped fun, thanks to its signature convertibles, is gaining young fans in Thailand -- this time with a different look.

MG, based in Birmingham, England, was acquired by China's SAIC Motor in the late 2000s. Its new mission is to capture the hearts of drivers in emerging markets with affordable SUVs. It has made a good start in Thailand, where sales have more than doubled over the past year.

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