LONDON — MG has admitted it will probably cost the company more to build cars in a planned European factory compared with China but says the benefits will outweigh the negatives.
“I expect it to be more expensive to build local, but when you sell 200,000 cars per year, it’s time,” said William Wang, MG Motor’s U.K. and Europe head.
MG sales across Europe reached 99,789 in the first six months, compared with 42,296 in the same period last year, according to figures from…
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