SAIC Motor, a Shanghai-based Chinese automaker owned by the state is the owner of British automobile manufacturer MG Motor. It is a part of its British MG brand that was founded at Oxford, UK, in 1924. Presently, SAIC’s passenger car business is home to MG as an entity. It supplies commercial and passenger vehicles, along with engines, chassis as well as exterior and interior trim systems, along with the latest energy and intelligent vehicle components and systems like batteries, electronic controls as well as electric drive. SAIC Motor (2007-present) and Nanjing Automobile (2005-2007) are the main companies.
MG Motor – Quick Overview
| Details | Info |
| Origin Country | United Kingdom (brand origin) |
| Founded | 1924 |
| Founder | Cecil Kimber (original founding of the MG the brand) |
| Headquarters | Birmingham, United Kingdom |
| MD/CEO | Rajeev Chaba (Managing Director) |
| Hubs | Global operations, including manufacturing and sales hubs located in UK, China, India, Thailand, and other markets |
| Subsidiary | MG Motor India, MG Motor Thailand (regional subsidiaries) |
| Owner | SAIC Motor Corporation (majority owner) |
| Net Worth (Approx. ) | ~$10-15 billion brand/market valuation (approximate) |
| Official Website | https://www.mgmotor.co.uk/ |
Net Worth and Market Cap
As of the 13th of February 2026, the SAIC Motor Corporation’s market capitalization, also known as net worth, was 163.6 billion. In a single year, the company’s market capitalization has decreased by 14.76 percent. The company’s value is 104.39 billion.
Corporate Leadership
Cecil Kimber founded MG in Oxford, UK, in 1924. Its founder, Burnley’s Gordon Mallett is the general director of the brand.
Overview of Services
Newly designed MG Rover automobiles, including the MG TF, the first-generation MG3 and the first-generation MG7 were part of the initial MG Motor products. Since 2011, MG Motor started producing new vehicles, initially the MG6 and then with the second generation MG3. In addition to vehicles specifically made for the MG brand, MG Motor also sells modified cars that are owned by SAIC Motor, the parent company. SAIC Motor, such as Roewe and Maxus.
Since the year 2019, MG Motor has been manufacturing automobiles in India as well as sourcing some of its product line from the corporate sister SAIC-GM-Wuling. The products such as those of the MG Comet EV and MG Hector are available only in India. In addition, the brand was only sold to commercial vehicles in Thailand and those made by Maxus, such as the MG V80 and MG Extender.
Scale of Operations
Manufacturing, research and development and selling of automobiles as well as their parts are among the operations at SAIC Motor Corporation Limited both in the United States and internationally. SAIC can be credited with the design and development of MG automobiles. The majority of manufacturing is carried out at SAIC’s factories in China. Additionally, SAIC manufactures MG automobiles for markets in regional areas like India, Taiwan, Thailand and Indonesia. From 2007 until 2016, the company briefly built vehicles on the Longbridge plant in the UK before returning to purchasing automobiles direct via China.