SAIC charts UK plans

09:29, January 26, 2010      

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SAIC Motor Corp plans to start manufacturing its self-developed MG-series sedan at its UK plant and sell it across the European Union by the end of the year, Reuters reported, citing Chairman Hu Maoyuan.

"The ideas is to take advantage of the existing MG sales network in the European Union as well as the cost advantage in China," Hu said.

Source: China Daily
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