MG Sales Explode in France

The revival of the British brand MG, now under Chinese ownership, is a true success story in France.

On the occasion of renewing its contract in France with Crédit Agricole Consumer Finance, its historic partner, MG Motor reviews its activity in France.

Just five years ago, MG was a brand destined to enter Wikipedia archives as a vanished British gem. A symbol of an carefree era when driving a light little convertible was the height of sophistication, but it had failed to make the transition to mass-produced automobiles. Sensing a good opportunity, in 2007 the Chinese group SAIC acquired the moribund brand and made MG its Trojan horse to conquer the world. The roll of the dice turned out to be a stroke of genius!

And MG rises from its ashes

Jumping from 700 sales in 2020 to more than 25,000 expected this year. The manufacturer has become a major player in the market, respected and feared. Even better, MG’s electric models have achieved a level of quality that many other manufacturers envy.

And as if that weren’t enough, MG, with the help of its banking partner, also launched a social leasing offer at 99 euros per month on the MG4 in July 2023. Riding on its success, with over 700 cars sold in just two months (about 10% of MG4’s total sales during this period), MG Motor and Crédit Agricole Consumer Finance decided to extend this social leasing offer on the MG4 and add the MG5 until the end of 2023. The story will remember that the manufacturer succeeded where the French government failed.

The Queen MG is not dead, long live the Queen!