MG says it is open to cooperation with SAIC
Promising news from the MG and Roewe fronts: Nanjing Automobile Corp. says it is open to cooperation with SAIC, the failed MG Rover bidder. This only makes sense for R&D, especially the important mid-sized car platform that SAIC has gone on to refine with the help of Ricardo 2010. Check—another piece of advice adopted by the good folks at NAC.
NAC was wise to point out, too, that this has nothing to do with selling any stake in MG—and was right to do so.
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