However, just as deliveries of the cars were commencing, the two companies decided they did not want to do business any more, and the latter took over the manufacturing business, but weren’t allowed to use the name – it ended up being called the Qvale Mangusta, hinting at its De Tomaso roots.
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However, if a report from China's Autohome is to be believed, they've had a change of heart with the styling direction for it. The Icon concept was a retro-inspired vehicle, drawing heavily on the MGB, a car from the better part of the company's history, but now with the new CS crossover, they've gone for something completely different and much more modern-looking.
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Chinese-owned MG has been building and selling its MG6 in the UK since last summer, but up until now, it only offered a petrol engine in a category that's dominated by diesels, which in some models, make up for more than 80 percent of sales.
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The new MG6 BTCC Edition made its first appearance at the final round of the 2012 MSA Dunlop BTCC at Brands Hatch, where MGKX Momentum team driver Jason Plato finished third after taking the chequered flag six times during the racing season.
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Probably the best automotive “rags to riches” story in recent years is that of Kia. Having been around since 1944, it went belly-up during the Asian financial crisis in 1997. For most companies that would have been the end but not for the Korean manufacturer.
The Hyundai Motor Company acquired it and, investing heavily on European-based R&D facilities and plants, while also hiring former Audi designer Peter Schreyer who gave the cars a modern look, the carmaker's sales rose year after year to the point where production can’t keep up with demand.
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The MG3 is the production version of the 2010 Zero Concept Car and is already offered in China in two body styles, a regular five-door hatch and a mud-loving faux-crossover version with a hoiked up ride height and plastic moldings named MG3 Xross, which may or may not be offered in Europe.
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At last month's Beijing Auto Show, we saw MG providing a glimpse into the future with the Icon, a study for a small crossover coupe.
Another proposal for a future MG model comes from a design student of the Coventry University in the UK, who created a sports car concept during his internship at SAIC Design.
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The awards were announced by U.S. car magazine Autoweek, which plans to present MG with an engraved trophy at a later date.
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The British company's first ever SUV concept was created by the MG global design team headed by British director Anthony Williams-Kenny who says he took inspiration from some of the most well-known MG models of the past such as the MGA and the MGB GT.
“The MG brand has a unique set of values and heritage and allows us to offer individual design values to our products," said Williams-Kenny. "The MG Icon represents our vision of a modern MG and we feel that the small SUV canvas demonstrates MG’s capacity for progressive design with respect for its long heritage."
The Icon is said to preview an upcoming compact crossover model that will be launched in China within the next two years. Some of the car's styling elements are loosely inspired by the fixed-roof MGB GT built between 1965 and 1980.
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