An intellectual- property deal, inked last year between Shanghai Automotive and the troubled MG Rover, could give rise to a new arrangement that would make way for a version of the Rover 75 to be produced for the Chinese market — as well as preserve some engineering jobs at MGR's Birmingham plant. The offer from the Chinese automaker, currently on the table, would involve British engineers designing cars in the UK to be constructed in China and branded as Shanghai Auto products. A new model based on the Rover 75, one of those to which SAIC bought the rights from MG Rover last year, officials of the Chinese automaker said last week, will be the first on the drawing board. As for the fate of MG Rover's other operations, check eBay.
Chinese Not Over MG Rover [Fairfax Digital]
SAIC to launch own car brand next year [China Business Infocenter]
Emergency Loan Keeps MG Rover Afloat [internal]