Saturday, July 31, 2010

MGTF Selling Out Fast

Posted by Michael On December - 10 - 2008 ADD COMMENTS

The Birmingham Mail reports that the new MGTF is selling quickly. MG enthusiasts keen to get their hands on one of the limited edition MGTF models will have to move fast – as the last few are now coming off the Longbridge production line.

The first 500 MGTF models made at Longbridge have been the special LE500 versions and Chinese owned MG UK is now getting ready to make the more regular, cheaper version of the car in the New Year.

To date 400 of the 500 have been sold and there are some still some available through dealers, although a lot of those are demonstrators.

Eleanor De La Haye, MG UK’s corporate communications manager, said the reduction in VAT had given a last minute boost to the sale of the last few LE500s. “Sales have gone well and the VAT reduction has given a welcome boost to inspire people to buy,” she said.

“But anyone who wants one of the limited edition models really will have to move quickly.” She said sales of the two-seater sports car had not been affected by they credit crunch as dramatically as more mainstream vehicles.

“People don’t buy this car because they need one. They buy it because they want one and these people usually have money in the bank to spend despite the current financial climate.”

The 1.8-litre, 135 bhp LE500 is priced at £16,399 while the more basic model which goes into production next year is likely to be priced below £14,000. That’s £1,000 less than the original predicted price for the car.

For that buyers will get the same handling, power and performance as the LE500 but will get less of the frills like the hard top, wind deflector and air conditioning.

Ms De La Haye would not confirm the 2009 price but said it would be lower than expected when announced in the New Year. “MG has always been the affordable sports car and we bear that in mind when setting the price,” she said.

Popularity: 2% [?]

New MG Hatchback!

Posted by Michael On November - 12 - 2008 ADD COMMENTS

AutoExpress is reporting that MG is expanding their line with a new hatchback model. Auto Express has learned that Nanjing Automobile – the Chinese company who owns the MG brand – will launch a new Ford Focus-sized hatchback in the UK as soon as 2010.

Images of the new model appeared on a Chinese website recently – and we’ve been able to grab them along with pictures of the car’s interior for the first time. Based on the forthcoming Roewe 550 saloon – which is shown alongside the newcomer and has been developed by Nanjing’s partner, Shanghai Automotive (SAIC) – it will be built at MG Rover’s old home of Longbridge, in the midlands.
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Popularity: 1% [?]

MG Relaunched – In Chile

Posted by Michael On October - 23 - 2008 ADD COMMENTS

A new MG saloon has been launched, the first all-new product to wear the famous octagonal badge since MG Rover collapsed into administration in 2005. But for now, the MG 550 has only been introduced in the Chilean market.

Behind the MG badge this is a Roewe 550, a car developed by Shanghai Automotive and based on a heavily modified Rover 75 platform. It has an all-new interior and is powered by an updated version of the familiar Rover K-series engine in 1.8-litre turbo form.

The MG branding has come about as a result of last year’s merger between SAIC and fellow Chinese manufacturer Nanjing, which acquired rights to the MG brand. One of the reasons Chinese authorities encouraged the two car makers to join up was because SAIC lacked a globally recognised brand for exports – something confirmed by the less-than-subtle application of MG logos to the 550.

It’s likely that both the MG 550 and the 75-based MG 750 will be introduced to the European market, and may even be produced at Longbridge. The MG550 costs from 10.5 million Chilean Pesos – £9760 at current exchange rates.

Popularity: unranked [?]

Aston Martin One-77 Defies Financial Woes

Posted by Michael On October - 18 - 2008 ADD COMMENTS

The Telegraph is reporting that more than 100 people have applied to buy the One-77, the most expensive road car in the world, even though only 77 will be made. The 200mph car was unveiled at the Paris Motor Show this week, and Aston Martin said that the growing financial gloom had not hit sales.

Only 77 of these beautiful Aston Martins will be produced.

Only 77 of these beautiful Aston Martins will be produced.


“The interest is incredible,” chief designer Marek Reichmann told The Sun newspaper.
Aston Martin has been reluctant to release details about the One-77, but it is known to have a 7.0 litre V12 engine, carbon fibre chassis, and aluminium body.

“One-77 fuses advanced technology with stunning Aston Martin design to create possibly the world’s most desirable automotive art form,” the Warwickshire-based carmaker said.
It will “deliver exhilarating performance for a strictly limited number of discerning customers”, the according to the firm.
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Popularity: 1% [?]

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