British MG - Made in China, er, Made in US

Chinese auto manufacturer Nanjing Automotive bought the British sports car brand MG.

I remember wanting one of those when I was growing up. But, I am too big, or they are too small or a combination of both.

Nanjing Automotive plans to make the MGs in three places -

1. England

2. China

and

3. the US - Ardmore, Oklahoma.

Production is set to begin in 2008.  It will be the first time a Chinese car company will manufacture in America, not to mention in America's heartland.

The cost of this purchase to Nanjing Automotive - $2 billion.

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