Federal Auto Holdings Bhd, together with one of China’s largest listed vehicle manufacturer, SAIC Motor Corporation Limited have signed a memorandum of understanding (MOU) to revive MG here in Malaysia.


The MOU marks both companies intention to conduct further discussions with regard to the plan of rejuvenating the British brand in Malaysia. The alliance could also bring the possibility to develop facilities to produce complete knocked down (CKD) MG vehicles.


SAIC, who owns brands such as Maxus, MG, Roewe and Yuejin also manufactures vehicles under the Baojun, Buick, Chevrolet, Iveco, Skoda,Volkswagen and Wuling brands. The company is mainly engaged in the development, production, sales as well as automotive trade and financing.



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