Cheap new small car confirmed for Australia

As cost of living pressures bite and the price of new cars skyrocket a new entrant to the market undercuts rivals by thousands.

Sales of Chinese brand MG have skyrocketed this year, and this might be its best car yet.

Chinese brand MG has announced its MG5 small sedan will arrive on Aussie road shortly and priced from just $24,990 drive-away.

This severely undercuts similar machines such as the Kia Cerato ($27,890 drive-away), Mazda3 ($34,400 drive-away) and Toyota Corolla…

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