China's SAIC plan in Spain that worries CNI: 120,000 cars 'made in Ferrol' to dodge tariffs
Owner of the MG brand, it was the Asian giant's car company that sold the most vehicles in the world in the first half year.
It was the first months of 2021. The Spanish - and European in general - car market was suffering from a collapse in new car sales due to the health crisis. To this was about to be added a shortage of microchips, which was going to drive up the price of new vehicles and significantly lengthen their delivery times. SAIC Motor, Chinese motor giant, landed in Spain at that time with a brand that was both new and old: MG, known in the domestic market as an old British firm, was reintroduced in the country as the first major Chinese car manufacturer to try its luck in these latitudes.
Translated by urgent.news. Machine-written — may contain errors; check the original before relying on it.
