MG to Build New Sports Car

Recently back on the market, Chinese-owned British brand MG is looking at ways to expand the offering and tap into segments of the market it once held, but lost on the way for the reasons that have nearly brought the company to its knees.

Roughly 16 years ago, MG was launching on the British market the still current TF, a model that has slowly slipped from the minds of the people on the market for a car. Now, with new Chinese capital and a Chinese way of seeing things, MG is considering reviving the sports car line in its portfolio.

First, however, the current model must be eliminated, and apparently the decision to do so has already been made. According to Autocar, citing MG executives, the TF will no longer be produced because it's simply not worth it anymore. But that doesn't mean the dream must die.

As it intends to be a fierce competitor for the major players in Britain and elsewhere, MG is now considering creating a new sports car, that will pick up from where the TF left off. The car is to be developed in the UK and will be launched on the market within the next two years.

“A brand like MG needs a true sports car in its offering and as soon as our primary line-up of volume models is established in the UK, we expect to introduce one,” MG Motor UK sales and marketing head Guy Jones was quoted as saying by Autocar.

Details on the project are still scarce, but we expect more on the subject to surface in the coming months.