SAIC Motor reaches half-way point in R&D investment

MG’s parent company SAIC Motor is mid-way through a £4.5bn investment in research and development (R&D) that is intended to further establish SAIC as the leading automotive R&D company in China.

The company said it is likely that its European Technical Centre and European Design Centre in Birmingham will be involved in the programme.

The investment started in 2011 and will continue until 2015.