China’s SAIC and Malaysia’s MBM Resources are considering assembling MG passenger cars in Malaysia for sale across south-east Asia.
The two companies have signed a memorandum of understanding to conduct a feasibility study for the project which would involve the assembly CKD kits imported from China.
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SAIC took over the MG brand when it acquired the intellectual property assets of MG Rover in 2004.
MBM Resources has extensive automotive interests in Malaysia, including Perodua, Daihatsu, Hino, Volkswagen and Volvo dealerships plus significant interests in vehicle body and chassis component manufacturing.
Local analysts also point out that MBM also has a greenfield manufacturing plant licence in Malaysia which could speed up the re-entry of MG in Malaysia.
MG was launched unsuccessfully in Malaysia in 2004 when the British company was in upheaval. It collapsed in April 2005.
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