MG - MGs leave Longbridge for dealers

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Thu 11 Sep 2008 22:57
MGs leave Longbridge for dealers - Hamsafar
news.bbc.co.uk/1/hi/england/west_midlands/7610067....m

SAIC said 700 MGTFs would be produced by the end of the year
MGs have left the Longbridge plant in Birmingham for dealers across the UK for the first time since 2005.
The MGTF LE500 cars are due to go on sale to the public at dealer open days from 20 September.
Shanghai Automotive (SAIC) has said it hopes to produce 700 MGTFs by the end of the year. The model is expected to retail at about £16,500.
MG Rover collapsed in 2005. It was bought for £53m by Nanjing Automobile Corporation and then SAIC took over.
The LE500 designation will only be given to the first 500 individually-numbered cars to leave the Longbridge production line.
Phoenix consortium
Longbridge was opened in 1905 by motoring legend Herbert Austin.
As well as producing cars, it was used as a munitions factory during both world wars and began production of the iconic Mini in 1959.
It also produced the popular Metro and Rover 200 models before the Rover company was bought by BMW in 1994.
BMW subsequently sold the firm to the Phoenix Consortium, under whom it went into administration in 2005.
The collapse in 2005 led to the loss of about 6,000 jobs.

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Thu 11 Sep 2008 23:11
MGs leave Longbridge for dealers - stunorthants26
Ive always been an MG fan but these cars are way over priced for a car that is essentially a 13 year old design. Interior needs alot of updating still. As such, had it been £13k and sold as a value alternative to the MX-5 then it would probably do well, but at nigh on £17k its way too much for all be diehard enthusiasts, of which there are not enough to turn a profit on it.
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Thu 11 Sep 2008 23:34
MGs leave Longbridge for dealers - bbroomlea{P}
The LE500 is quite well priced compared to the same spec MX5 - over 5K cheaper.

Once the initial 500 have been sold, the price will drop but so will the spec though.
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Thu 11 Sep 2008 23:50
MGs leave Longbridge for dealers - stunorthants26
Perhaps but the MX-5 is a class above, its worth the extra me thinks. Just imagine the depreciation on the TF - it will be a lead balloon.
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Fri 12 Sep 2008 14:04
MGs leave Longbridge for dealers - Chris S
£17K isn't too much for what will probably be one of the last Longbridge-built MGs ever.

I can't see volume production ever returning there.
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Fri 12 Sep 2008 14:09
MGs leave Longbridge for dealers - Carse
Give it 6 months and dealers will be slashing the price of these due to poor demand

Carse
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Fri 12 Sep 2008 14:20
MGs leave Longbridge for dealers - NowWheels
£17K isn't too much for what will probably be one of the last Longbridge-built MGs ever.


Is that £17K the purchase price or the cost of fixing all the problems with these cars?
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