China’s SAIC to Make MG Cars at First European Factory in Spain

SAIC Motor Corp.’s MG unit has selected Spain for its first European car factory, a move that will help the Chinese automaker soften the blow of European Union tariffs.

By William Wilkes · Bloomberg Markets

SAIC Motor Corp.’s MG unit has selected Spain for its first European car factory, a move that will help the Chinese automaker soften the blow of European Union tariffs.