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March 27, 2007
Nanjing Auto unveiled its first made-in-China MG sports cars and sedans Tuesday, the first step in a plan to use the iconic British brand as a platform for global expansion, according to China Daily.
China's oldest automaker introduced the 1.8 liter MGTF roadster and the MG 7295 and 7275 sedans at its $450 million plant near eastern Nanjing, capital of east China's Jiangsu Province.
The brand, renamed "Ming Jue" or "Modern Gentleman", will go on sale in China in the second half of the year, priced between $23,000 and $52,000.
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